A peek at how OUR future will look like!
I personally don’t mind working until I die - as long as it’s something I enjoy doing!
A peek at how OUR future will look like!
I personally don’t mind working until I die - as long as it’s something I enjoy doing!
This is the exact reason why I’m learning to trade, I want to do this for the rest of my life, not manual labour.
Using my brain will keep me fresh. I don’t believe in retirement anyway - best is to be your own boss and take mini-retirements from time to time, then return to your work being recharged.
Amen, brother. Wish more people think the same way.
exactly, it’s modern day slavery in my eyes. the 9 to 5 lifestyle isn’t for me at all. I’m just using it as a stepping stone to get to where I want to be
Oh My God! I am quite inspired by the resilience if the driver as he managed to drive the truck at the age of 87. I think some people are really blessed so that they become a motivation for the whole world. If they can work hard at that age then we have to work hard as well. Do you agree with me?
Yes, I’m with you! #noexcuses
This is what happens when you have near zero interest rates on savings, at the beginning of this century you could get 6% on a CD, had you saved $500,000 by retirement that 6% would have given you an income of $2500 a month without touching your principle combined with Social Security that would make for a nice retirement. But drop that 6% to just 1% and your income drops to $400 a month, and you are forced to take a job as a door greeter at Walmart.
Low interest rates are a big reason for the decline of the middle class in America, Ultra low interest rates do more harm than good
Good point.
Only good for taking on credit which gets people into larger debt.
A bit off topic but I just read somewhere that 38% of Gen Xers have $0 in savings. I think this older-people-working phenomenon might stay on EXCEPT with the popularity of automation… I don’t know how the future will look like for folks who are now in their 40s.
I am a babyboomer and just hoping this ponzi scheme holds together until I check out, But it is clear younger generations are being encouraged to take on debt and not save. I don’t see anyway this can end well
Same. I think we’re way overdue. Scary times ahead. Then again, maybe it won’t end. Maybe UBI will come to save people. Who knows.
I actually support UBI if done correctly, but it is not a cure all and does not fix the debt situation, and if we ever get to a point where the majority have UBI as their only income we will be like in the movie " Hunger Games"
Absolutely right! I agree with you mate.
Maybe they’ll do a debt forgiveness program if it gets really bad? RE: Hunger Games, that might be a bit too dystopian but also possible.