That's a little harsh, please rethink it. Lots of these seniors don't deserve to suffer. But yes, lots of them were stupid by cashing our their equity and having enormous debt with no savings. Stupid people can be broke and have difficulty getting by. Suffering is a whole different bag. I know people that got hit with illnesses that devastated their ability to hold onto money. In their 50s, then their nest egg is depleted by serious illness and lots of debt. And insurance doesn't cover what they're going through. I've given money to people I know in that situation, not as a loan because they'll never recover from debt. I'm lucky enough to have saved and prepared for my retirement, like you, and feel fortunate. We have serious health issues but excellent insurance that takes care of all the expenses. I feel bad for those who are sick and in debt.
>>If they were that irresponsible for their lives they deserve to suffer.
>
That’s a little harsh, please rethink it. Lots of these seniors don’t deserve to suffer. But yes, lots of them were stupid by cashing our their equity and having enormous debt with no savings. Stupid people can be broke and have difficulty getting by. Suffering is a whole different bag. I know people that got hit with illnesses that devastated their ability to hold onto money. In their 50s, then their nest egg is depleted by serious illness and lots of debt. And insurance doesn’t cover what they’re going through. I’ve given money to people I know in that situation, not as a loan because they’ll never recover from debt. I’m lucky enough to have saved and prepared for my retirement, like you, and feel fortunate. We have serious health issues but excellent insurance that takes care of all the expenses. I feel bad for those who are sick and in debt.
>
But the younger generations should be enslaved to the older because the older feels entitled to the promises and illegality??
Great about your CHARITY; and that’s exactly what they should be relying upon in those situations (family, church, community). Not the heavy\lethal arm of GOVT to rob others.
Once the retirement shift REALLY kicks in, I’ll be happy to see the youngins’ fighting for their emancipation from SS\etc. It’s not going to be clean/quick.