Of all generational cohorts, older millennials are most likely to generate enough income to retire comfortably, according to the latest Vanguard Retirement Readiness report.

Specifically, millennials aged 37-41 have the greatest chance of landing a comfortable retirement.

  • INeedMana@lemmy.world
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    1 year ago

    Millennials fretting about their financial future can take comfort in knowing they are on track to retire in a better financial position than they probably think.

    A lot of things were supposed to be better than we thought in the beginning

    • bluGill@kbin.social
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      1 year ago

      A lot of things are much better. It is easy to focus on the negative without realizing how bad the past really was, or for that matter how hard things were for those in the past. sure some things are worse today - work on fixing them - bit overall things are still very good.

      • rosymind@leminal.space
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        1 year ago

        Women’s rights have been walked back, causing child rape victims to struggle to find abortions, to say nothing of women being forced to carry fetuses who will die upon birth. Trans rights are being shit on, to the point that gender affirming care is being denied to people even where it’s legal. Taxes for the wealthy are too low. The middle class is rare to be in. Health insurance is insanely expensive and it’s difficult to see a doctor even when you have it- emergency rooms will leave you waiting for 6 hours or more. We simultaneously have too many people, and too few children with a looming crisis of too many elderly. We have microplastics in the air, oceans, food, fetuses, everywhere. Housing is largely unaffordable across the globe. Homelessness is out of control. Massive, destructive wildfires are the new norm. Heatwaves are killing people. Migrants are clamouring to find new countries to live in (which will get worse due to climate change) causing all kinds of social frictions. The youth are anxious, depressed, and suicidal.

        But please, tell me how things are good for people over all?

  • shectabeni@sh.itjust.works
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    1 year ago

    Millennial here and I have a few family members that rely on SSDI so I just like that my contributions support them. I’ll figure things out myself for retirement. But an estimated 7.8 million people rely on SSDI and taking that away from them could very well be death sentences. We have to do better.

    • some_guy@lemmy.sdf.org
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      1 year ago

      How about the richest nation in the history of the world just take care of all of its people, regardless of age?