Some baby boomers who hoped to retire are instead draining their savings and cutting costs on food, travel, and housing to pay healthcare bills.
  • jordanlund@lemmy.world
    21·
    2 days ago

    Boomers have retirement savings? 🤔

    https://www.investopedia.com/articles/personal-finance/032216/are-we-baby-boomer-retirement-crisis.asp

    “Baby Boomers have an estimated median retirement savings of $194,000 as of late 2023, according to the TransAmerica Center for Retirement Studies. The survey found that though 44% if (sic) Baby Boomers have more than $250,000 in retirement savings accounts, 26% had less than $50,000 in retirement savings accounts and 10% had nothing saved.2”

  • Jo Miran@lemmy.ml
    13·
    4 days ago

    Yet they scream and yell against universal healthcare and vote for their orange god emperor.

  • GrumpyDuckling@sh.itjust.worksEnglish
    131·
    4 days ago

    Hospitals are hyper focused on Cancer Care and surgery because those are the major money makers, especially since older people get free government healthcare. They’re actively closing ob and mental health departments because those are not profitable