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by kileywm
2631 days ago
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A lot of this discussion centers around retirement and how many will end up with little-to-no savings to live on when they exit the workforce. General question: what recourse does someone have that retires with no savings now, in the US? Some ideas... 1. Gov: Social Security (Income) 2. Gov: Medicare (Healthcare) 3. Gov: Various assistance programs (Food, utilities, etc) 4. Social: Add roommate(s) to split cost of living expenses 5. Lifestyle: Downsize Follow-up question: if the majority of people do not save sufficiently for retirement, then what might the recourse options be 20, 30, 40 years from now? |
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