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Money Lessons From Older Americans Who Learned The Hard Way | Business Insider
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Money Lessons From Older Americans Who Learned The Hard Way | Business Insider

  • February 9, 2025
  • wpadmin
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Nearly half of Americans aged 60 and older can't afford their daily needs, the National Council on Aging estimates. Over 3800 …

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25 comments
  1. @Yahimgonnargue says:
    February 9, 2025 at 1:06 am

    How am I supposed to worry about retirement when I’m worried about being on the verge of homelessness everyday ???

    Reply
  2. @s1234pro says:
    February 9, 2025 at 1:06 am

    "You only have so many years to prepare for retirement." RIGHT!

    Reply
  3. @dqsrosco says:
    February 9, 2025 at 1:06 am

    Serms like priorities are different in the US. Working more is definitely not on the top of my list! Lets figire out how to pull put of the system bwfore retirement even shows up.

    Reply
  4. @divabunnie4895 says:
    February 9, 2025 at 1:06 am

    Thank you all for your honesty.

    Reply
  5. @Chill-zy7bz says:
    February 9, 2025 at 1:06 am

    Retire early but do it right, not like these people.

    Reply
  6. @ivettehuertas7469 says:
    February 9, 2025 at 1:06 am

    Of course I’m going to retire early,,, Tomorrow is not promised,

    Reply
  7. @MyDyerMaker says:
    February 9, 2025 at 1:06 am

    Of course I’m going to retire early,,, Tomorrow is not promised,

    Reply
  8. @newyork8415 says:
    February 9, 2025 at 1:06 am

    Of course work till you die so you can take all that money with you.

    Reply
  9. @sophieca6906 says:
    February 9, 2025 at 1:06 am

    My retirement plan: doing God's work. I will get busy 😅

    Reply
  10. @josephsumpter3870 says:
    February 9, 2025 at 1:06 am

    This is some old slave mentality

    Reply
  11. @pq2965 says:
    February 9, 2025 at 1:06 am

    Trabaja hasta que mueras… Ese es el mensaje del capitalismo salvaje que vivimos

    Reply
  12. @IrishBog says:
    February 9, 2025 at 1:06 am

    Dear Younger Self – don’t sell your Microsoft shares

    Reply
  13. @Damonh234 says:
    February 9, 2025 at 1:06 am

    Unpopular opinion, but get a job that pays well, and not one that you think you will like. You don't need to love the job. As long as the employer and coworkers are good, you will be happy. I am on track to retire right after 50, and I couldn't be happier. Never be cheap with others, take risks, work hard – not long, don't stay somewhere that doesn't pay you well, and don't push off having a family for financial reasons.

    Reply
  14. @nicstevens6499 says:
    February 9, 2025 at 1:06 am

    All good advice! Thank you!

    Reply
  15. @cky3345 says:
    February 9, 2025 at 1:06 am

    Americans are not known for being financial savvy

    Reply
  16. @nabelsaid-p9x says:
    February 9, 2025 at 1:06 am

    If you're young and reading this-please, start. Even $20 a week into a Roth IRA is better than nothing. Your future selt will thank you.

    Reply
  17. @MateoWilliams-d7d says:
    February 9, 2025 at 1:06 am

    Thinking about retirement can feel distant, particularly if you're young or concentrating on short-term financial objectives. Nevertheless, beginning your retirement investments as soon as you can is one of the wisest financial choices you can make.

    Reply
  18. @1035Puckman says:
    February 9, 2025 at 1:06 am

    This article is total garbage. I feel terrible for the people that aren’t prepared for retirement— a 77 yr old trucker? God almighty. Poor guy.

    Look at the professions/majors/jobs—- librarian, farmer, musician. Run-of-the-mill, MAYBE high school diploma type of jobs/careers. Advice like “don’t retire early”? What? Like you NEVER knew, realized or accepted you’d get old someday? Seriously, these people, as nice as they are, have their heads up their _____.

    No healthcare – doctors, lawyers, nurses, pharmacists, etc.

    Can you please get a more realistic representation of Americans?

    Reply
  19. @glorgau says:
    February 9, 2025 at 1:06 am

    These people have hit their 60s and are just used up.

    Reply
  20. @TheBryanmauro says:
    February 9, 2025 at 1:06 am

    Take drugs and steal money.

    Reply
  21. @rgood1204 says:
    February 9, 2025 at 1:06 am

    Retirement is definitely NOT boring. It's the best time of my life and the only regret is that I didn't retire in my 30s or 40s (if possible).

    Reply
  22. @ab6318 says:
    February 9, 2025 at 1:06 am

    I don't understand how people cant retire off of SS income. I can understand sickness, but there isnt much else that will devastate your savings. All your bills should be paid off before retiring.

    Reply
  23. @JohannGambolputty22 says:
    February 9, 2025 at 1:06 am

    The American dream is a house of cards. Those living well like myself will see everything disappear into my Golden years. I hope my assets hold value because our currency is going to collapse and health care is going to be garbage under the government, which it will eventually be.

    Reply
  24. @ChunkyMonkaayyy says:
    February 9, 2025 at 1:06 am

    “I have no important decisions to make, and no social network”

    That sounds like a dream!!! I just want to retire now, walk all day with my dog, and be alone. Maybe I’ll mow lawns or something as a hobby for spending cash.

    Reply
  25. @302vettelife2 says:
    February 9, 2025 at 1:06 am

    I'm retiring this year at 59. I don't have enough to retire. I do have a pension and will collect SS in 2.5 years. I have zero regrets. I'll figure it out. Life is too short to work until you die.

    Reply

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