return2ozma@lemmy.world to News@lemmy.world · 8 months agoSenator Bernie Sanders Report Warns Nearly Half of Older Americans 'Have No Retirement Savings'www.commondreams.orgexternal-linkmessage-square106fedilinkarrow-up1676arrow-down16
arrow-up1670arrow-down1external-linkSenator Bernie Sanders Report Warns Nearly Half of Older Americans 'Have No Retirement Savings'www.commondreams.orgreturn2ozma@lemmy.world to News@lemmy.world · 8 months agomessage-square106fedilink
minus-squareTenderfootGungi@lemmy.worldlinkfedilinkarrow-up27arrow-down1·8 months agoSS is insurance you cannot outlive. 401K’s only work for the middle class and up that are able to out save living and medical costs. They are not the same thing and do not work as a replacement.
minus-squareWarmSoda@lemm.eelinkfedilinkarrow-up6arrow-down4·8 months agoExactly. Problem is no one educates anyone on that and instead just push for you to put more into 401k
SS is insurance you cannot outlive. 401K’s only work for the middle class and up that are able to out save living and medical costs. They are not the same thing and do not work as a replacement.
Exactly. Problem is no one educates anyone on that and instead just push for you to put more into 401k