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“Over one-third of GenXers report having saved less than $10,000.”

You guys have savings?

In your 50s you’d honestly want a lot more than that. And many, many don’t. It’s terrifying for end of work life ahead.

41 here…no home, no savings. Work till you die, then get written up for insubordination for choosing to go to your own funeral instead of coming in.

@beaiouns@lemmy.world
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43d

Lol I’m stealing this

@roofuskit@lemmy.world
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43d

End of work life? What’s that? You guys get to stop working before you die?

At the 3:00 mark, the differences between the mean figures and the median figures are stunning. A small handful of people are doing very well, and it skews the averages ridiculously.

It’s not isolated to Gen X. Wealth is largely transferred as early inheritance, always has been, therefore it’s just rich keeping getting richer. The only thing that changed after we got rid of monarchy was that social status was determined by wealth and not by birth. Given that the wealth of upper class was not redistributed - nothing could really change. There was a brief moment in time after WWII where high taxation of the rich changed things but it was quickly resolved in 70/80s when we went back to tried and true exploitation of the masses.

This is your reminder to join your local socialists, whoever they might be.

@bamfic@lemmy.world
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22d

Or union at least

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