Opinion: I retired during the pandemic. Now inflation has me counting pennies

CNN ^ | Tue October 4, 2022 | Linda Stewart

[NWFree]

If she collected cans for recycling she could feel good about being broke and saving the environment

[telescope115]

👍👍🙂

[Neverlift]

“But being stupid is like being dead, you don’t know it, and you’re just a problem for everyone else.”

Actually if you are stupid and dead you are no longer a problem.

[Magnum44]

You think the hunters are going to just give up their guns?

[dfwgator]

“I’m on a Low Budget...”

https://www.youtube.com/watch?v=V3xi9lCmj-0

[smokingfrog]

She just needs to install some solar panels and buy an electric car.

[GnuThere]

An academic retiring from a state job, boo hoo.
If she didn't put in enough years to get a pension (which is not mentioned), whose fault is that?

[glorgau]

A flat period in the market causes sequence of return risk in a retirement planning scenario. A bad start of returns at the beginning of retirement can cause a huge difference in how long one’s money lasts.

[metmom]

People live to 90 now. Retire at 60 and you have plenty of time, but maybe not enough money. I intend to work until they have to pull the maggots from my carcass. I am 62 now, and I am not afraid of competition from 20 year olds...

That’s because there is no competition from 20 year olds.

You stand head and shoulders above probably 95% of them these days.

[metmom]

“I’ve been very pleased with the legislation Congress has passed, such as the Inflation Reduction Act, because I know it will help our economy in the long run, especially lowering the cost of prescription medicine. But so far, I haven’t felt the benefits of it.”

Nor will you.

You still haven’t woken up to the fact that democrats lie about everything.

Enjoy your delusions.

[clearcarbon]

"People who get their news from the fakestream media actually believe the so-called Inflation Reduction Act is going to benefit them and reduce inflation. This woman is due for some serious reality checks."

She obviously learned nothing from the so-called "Affordable Care Act."

[SaveFerris]

[I’ve been very pleased with the legislation Congress has passed, such as the Inflation Reduction Act, because I know it will help our economy in the long run …]

My goodness. There really are people THAT stupid?

Wait, don’t answer that.

She heard the “name” on CNN and MSNBC and believed that’s what it really was.

Good gosh.

[SaveFerris]

It’s scary that there are people as stupid as the author. I mean, seriously - she obviously doesn’t know about that “legislation” and what it really is.

[SaveFerris]

[She obviously learned nothing from the so-called “Affordable Care Act.”]

Yeah, obviously.

I just can’t believe these people.

[Do_Tar]

Gee, I wonder if we can figure out some correlation, or causation.

[Captain Peter Blood]

Not just Joe, Dems and Republicans alike during the last 40 years or irresponsible spending, exploding health care costs, ZIRP polices by The Fed, and a misguided foreign policy by idiots trying to spread Democracy.

[Do_Tar]

What’s even scarier is she’s this stupid and was “program coordinator and academic adviser at the University of New Mexico’s School of Engineering”.

[alexander_busek]

Sounds to me like a success story! He modified his behavior and altered his expectations to conform to reality!

Bravo!

Regards,

[alexander_busek]

You do realize, don't you, that the components of the Dow Jones Industrial Index are frequently swapped out, right?

This is like touting a drink as an "Elixir of Immortality" because you are administering it to a group of people who never die (because you quietly "retire" the oldsters and replace them with youngsters).

The graph you presented is a classic example of "Survivorship Bias."

Regards,

[SaveFerris]

Dear heavens......

I have an aunt and uncle in New Mexico. Uncle is a very smart guy.........and, full-blown liberal, apparently.

My aunt was singing the praises of MSNBC or CNN when I last spoke with her, about 9 years ago.

I was speechless.