Comments by "Joe Swanson" (@joeswanson733) on "Can BOOMERS Really Afford To Retire In 2025?" video.

  1. Issue is even if it does exist by the 2050s and beyond the payouts vs dollar purchasing power will be making it useless. Like cool we still get $1200 checks ....when for example the utilities would cost $1200 by then
    4
  2. the near end of hte video where they talk about passion makes me cringe.
    4
  3. people were living too long and the financial markets were becoming way too volatile for companies to invest for the employees guaranteeing returns. pensions had to make average 7% return or they couldn't even pay out hte money. so if you guys want companies to have pensions... you better not live too long and the financial markets better be as stable as a rock. which neither case is gonna happen
    2
  4.  @dmsTorchwood  which would make me wonder why is the economy the way it is that makes it so hard to have any kind of retirement planning for employees
    2
  5. This only became the norm in the us after ww2 with the nuclear family due to cheap large trac housing from 1946-1970 Housing prices crept up again to the point where multi generation household are a necessity again. Sadly
    2
  6. actually gen x were the ones that were really into the sub prime mortgage thing back in 2008
    2
  7. That's the thing....they weren't thinking
    2
  8. It's social conditioning to never be able to turn it off
    1
  9. you have 2 groups of people on this planet 1.) that can't turn it off 2.) they need the money boomers unfortunately have a large swathe of people that fall into both groups. this is very bad.
    1
  10. why is it a mistake to retire at 65... if you're not gonna retire at 65 just when was she supposed to retire?
    1
  11. retirmeent was for wealthy people. everyone else worked unti they croaked.
    1
  12. @Ccl2tb  that's a lot of perfect scenario prerequisite
    1