RE: “It would be interesting to know the breakdown between conservatives and liberals, voters and non-voters.
I cannot even imagine a conservative not planning for retirement, setting aside as much as possible for a raining day.”
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By and large it is the conservatives and independents I’ve known who have best prepared for the future. The lefties, not so much. In fact the kooks and nuts in my family are the ones who have no money and are always on the take in some form or other. I have NO sympathy.
That’s also my experience as well, both in my family and those I know about.
It’s interesting that articles which cite the lack of savings for retirement fiasco don’t mention numbers by groups. Those numbers may or may not reflect huge differences within race, but for sure would reflect huge variances within political affiliation or simply views of life that are included within conservative or liberal thinking.
It’s sort of ironic in that this is one more area of life that has liberals bringing the numbers down, making all of us look like fools, at least on paper and within articles on this subject. I know people that fit into the ‘not much’ numbers and all of them are liberals.
The only conservatives I know that don’t have much are those with liberal children and grandchildren that are liberals with tough love not being practiced. No matter how much money one has, if there are entire clans of liberals to feed and house, its not sufficient.
Of course, the best course to take is - don’t lend funds to family members and don’t co-sign for family members.