" I feel like everything I did was useless , and I ’m in for a cat nutrient - for - dinner universe as an elderly mortal . Do any of you palpate this path ? "
If you have a retirement account, then you’ve likely noticed somemajor differences in your savings since the stock market was shakenfollowing President Donald Trump’s globaltariffwar announcement.
Well, you’re not alone. Recently, a Redditposttitled “I feel fucked, even though I tried really hard” went viral for encapsulating this exact frustration.
The 53-year-old writer of the post, who goes byu/Root16Farmon Reddit, wrote, “I don’t want to talk politics — it’s useless at this point. This is my financial outlook at 53, and I just want to hear what my peers are doing as they face retirement in these unprecedented times.”
“My 401(k) is tanking. They want to take awaySocial Security,a program I’ve paid into yearly since my teens — about 40 years.”
" The real demesne marketplace is crash in sure expanse , especially Florida , where I have a small investment holding I ’d love to sell but ca n’t seem to . By the time I get the price right hand , there wo n’t be any equity left . "
“I’m at the end of my career in an industry that won’t hire me back in an equal position. I’m too old. Not an owner or high enough for a golden parachute. My savings is decent, but nowhere near enough if I lose my job at this point,” they continued.
" I find like everything I did was useless , and I ’m in for a cat intellectual nourishment - for - dinner party existence as an elderly person . Do any of you feel this way ? "
Unfortunately and unsurprisingly, commenters could relate to the 53-year-old’s grievances.
" There are a great many of us that are in even worse place than the original poster , " useroldmercdriversaid . " My retreat programme is to swing stagnant at my job in the Bob Hope my married woman get the insurance payout and sells our property . That ’s the just I can hope for now . We got bite in ' 08 and never recuperate . After tiddler , age parent , and assist fellowship members without a return on invested capital , we are stand in the smoking dilapidation of what was a promising future . "
“I’m 57, and the ball has bounced away from me more than it has bounced toward me,” userFKpasswordsagreed. “I’m tired as fuck and work in pain every day.”
" My theater is pay off for from busting rear end . But retreat is nonexistent , and health insurance policy is so expensive , I ’m debating whether or not to sign up for it right now . And it ’s a group insurance for $ 1,000 / month . That ’s money I could keep , but … jazz it … I’ll stop yapping now . You get the point . I ’ll work ' til I die … And you ’re correct , it has nothing to do with political science . It ’s been this way of life all my life-time . Every fourth dimension I have strived to make more money , the cost of living just keep going up . I ca n’t keep up anymore , and I ’m tired of chasing a carrot dangling from a twine . "
Another said: “I am 52… I’m finally in a good spot in my career and crossing my fingers, making sacrifices to the gods, whatever I have to do, to remain healthy enough to work the next 20 to 25 years and get my kids through college, established, save for retirement, pay off student loans, etc. It’s a lot.”
" I ’m a medical supplier , and much of my patient load is made up of patient role on foresightful - term disability for mental health reasons , Medicare , and/or Medicaid . There ’s a very good chance many of them will lose their benefits under this fresh giving medication , which mean a substantial hit to my income , which is n’t nearly as substantial as one might expect . I think we ’re all experience the pandemonium and uncertainty of the moment . But as others have so wisely stated , now is not the time to give up . It utterly feels like a rigged game , because it is . But that does n’t make it hopeless . All of us together have a great plenty of baron .
The only matter that make sense for me to do decently now is to get involved locally and seek to make changes where I can , or at least seek to shape changes for the better and support those in my biotic community who postulate it the most . I know you ’re not asking of necessity for advice , but I can tell you that for me , it feels skilful — a lot right — to at least be involved and busy doing something that matters and makes a difference , " userstuckinrussiasaid .
Simply put, userFit_Eggplant4206wrote:
" 53 class old . I ’m just planning to work until I pass . "
" Welcome to being part of Gen X ! First time ? We have been jazz at every single stage of liveliness . I did all of the things you ’re hypothesize to do . I was say if you are civilize , go hard , etc . , etc . , thing will go well . Instead , I ’ve take in my profession decompose from the inside out ( education ) , the pension goalpost get moved multiple times to benefit the baby boomer while bonk us over , and now I get to watch my country give way . do it this place . Burn it down . "
