Americans are more worried about running out of money in retirement than dying. Experts offer ways to reduce that risk

Comments

• JoMiran@lemmy.ml ⁨2⁩ ⁨months⁩ ago

  Delay Social Security benefits until 70?!!

  Buy annuities?!!!

  Social Security is not going to exist when I’m 62, much less 70.

  How do annuities help me if Trump and the GOP tank the dollar and we are hit with hyperinflation?

  What if my wife and/or I get sick? A single prolonged illness could easily wipe out thirty years worth of retirement savings.

  …but I shouldn’t worry. Right.

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  • SanicHegehog@lemm.ee ⁨2⁩ ⁨months⁩ ago

    Of course buy annuities! What do you have against hardworking insurance salesmen financial advisors earning the commissions they deserve?

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• shittydwarf@lemmy.dbzer0.com ⁨2⁩ ⁨months⁩ ago

  Overthrow the Billionaires?

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• otacon239@lemmy.world ⁨2⁩ ⁨months⁩ ago

  Of course I’m not worried about dying. I don’t have to foot the bill.

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• dylanmorgan@slrpnk.net ⁨2⁩ ⁨months⁩ ago

  Ooh, look at these fancy assholes who expect to “retire” someday!

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• YaksDC@sh.itjust.works ⁨2⁩ ⁨months⁩ ago

  Leave the country?

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• Goodmorningsunshine@lemmy.world ⁨2⁩ ⁨months⁩ ago

  American social safety nets and retirement readiness has always been extremely weak. Now it’s actively being targeted and destroyed by the government. So unless experts are telling you to reduce that risk by amassing in arms, revolting, targeting the ultra wealthy, and going to war with the government, they ain’t shit.

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• Formfiller@lemmy.world ⁨2⁩ ⁨months⁩ ago

  My parents died at 72 and 74. A lot of us are like this

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