ramble81@lemmy.zip to Ask Lemmy@lemmy.world · 12 days agoWhat's going to be the final way that boomers pull up the ladder behind them?message-squaremessage-square85fedilinkarrow-up176arrow-down19
arrow-up167arrow-down1message-squareWhat's going to be the final way that boomers pull up the ladder behind them?ramble81@lemmy.zip to Ask Lemmy@lemmy.world · 12 days agomessage-square85fedilink
minus-squarexenomor@lemmy.worldlinkfedilinkarrow-up5·edit-212 days agoThis is the correct answer. And, they’ll do it so that it kicks in only for people younger than them.
minus-squarethirtyfold8625@thebrainbin.orglinkfedilinkarrow-up4arrow-down1·12 days agoIn a way, this has already happened with 401(k) plans. In general, making each person’s retirement income more easily measured is likely a good thing, since it will probably encourage people to behave in a more prosocial way. https://www.heritage.org/social-security/report/pension-reform-sweden-lessons-american-policymakers https://www.youtube.com/watch?v=sKjHvpiHk3s
minus-squareBlemish5236@lemmy.worldlinkfedilinkarrow-up1·edit-211 days agoSure hope you can keep a well paying job for 30 years though, or fuck you die in poverty!
…privatization of social security…
This is the correct answer. And, they’ll do it so that it kicks in only for people younger than them.
In a way, this has already happened with 401(k) plans. In general, making each person’s retirement income more easily measured is likely a good thing, since it will probably encourage people to behave in a more prosocial way. https://www.heritage.org/social-security/report/pension-reform-sweden-lessons-american-policymakers https://www.youtube.com/watch?v=sKjHvpiHk3s
Sure hope you can keep a well paying job for 30 years though, or fuck you die in poverty!