Comment on The new middle-class retirement plan: Working into old age

frunch@lemmy.world ⁨2⁩ ⁨months⁩ ago

From the article:

“About one-third said they’d tapped their 401(k) or other retirement plan for a loan, early withdrawal or a hardship withdrawal, a share that Transamerica described as “concerning.””

I love how the reaction to massive amounts of people giving up their shot at retirement to fund an emergency is that it’s “concerning”. Yeah, I’d say that’s not a good thing either, lol. Just love this sterile language they use to cover the horror

One more from the article: “However, as a departure from long-standing notions, the middle class does not see retirement and work as being mutually exclusive.”

I can’t help but read this more like: “as the grip of corporate titans continues to crush the populous, many have taken to a new coping mechanism: delusions.”

I mean really, that’s what they’re saying–let’s redefine retirement from “not working because you worked all your life and finally earned your place in society for the remainder of your days, finally able to enjoy the fruits of your labor” to “well i mean, you can still get out of bed and see well enough to drive (sort of) and cancer hasn’t managed to claim you yet either–be here at 8AM tomorrow grandma, these jeans aren’t gonna fold themselves”, oh yeah and everything costs more now and requires the Internet and a monthly subscription. And they’re spying on you every possible way they can. Yeah, this is a future I’m looking forward to 🤣

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