take a look at my what? - ThreadSky | a Reddit-style client for Bluesky

cait.bsky.social • 11 days ago

take a look at my what?

If Donald Trump & Elon Musk have it their way, your Social Security will be privatized and your benefits will be entirely reliant on the stock market.

If you want a sense of what that'll be like – take a look at your 401k today.

Comments

dickardo.bsky.social•11 days ago

I was planning on getting shot accidentally walking my dog into a foot chase and suing the city if I survived but I don’t think that’s going to pan out anymore either.

sadmazov.bsky.social•11 days ago

My retirement plan is to die fighting in The Water Wars

briank.bsky.social•11 days ago

Think about your pension!

joevonhoff.bsky.social•11 days ago

Nothing gets at how horribly out of touch anyone over 60 is than when they talk about retirement as if most millennials will ever be able to do that even if Social Security doesn’t go bye-bye

joevonhoff.bsky.social•11 days ago

(This applies to the vast majority of career politicians of pretty much any age, too)

kwierso.com•11 days ago

I had 80k in my 401k. Had to pull it early to get by when I got laid off 8 years ago. Early withdrawal fees ate like 25% of it.

jeanlucbacardi.bsky.social•11 days ago

Early withdrawal fees for your OWN MONEY are bat shit insane and it makes me want to scream that society has allowed them (see also: overdraft fees)

jeanlucbacardi.bsky.social•11 days ago

Or ATM fees. Gaaaaah President Xi save us

ianvancheese.bsky.social•11 days ago

Preach. My retirement plan is to just walk into the sea like Godzilla at the end of the movie.

theguy9900.bsky.social•10 days ago

Xackly

benjaminlowe.bsky.social•11 days ago

he's accidentally made a different, possibly more valid point

joshcrowley.bsky.social•11 days ago

It really shows how resoundingly out of touch liberals are when they talk about stocks, when 50% of Americans have no retirement savings and the wealthiest 10% of Americans own 93% of all stocks. Like… yeah, it sucks for people with 401ks but probably most voters on the left don't have that so…

joshcrowley.bsky.social•11 days ago

It's the inverse of what they did during the election, when they'd respond to people complaining about how bad the economy was because they couldn't afford groceries by crowing about how great a job Biden did for the stock market. Just abysmally fucking clueless. A void of awareness.

jeffreyparties.bsky.social•11 days ago

The fantasy that every elected democrat has is that they can have a base purely made up of stock owning middle class moderates.

guerillawarlock.bsky.social•11 days ago

They actually *hate* that they're seen as representing disadvantaged Americans and would much rather be the party of like, columnists, dealership owners, professors and attorneys.

They sure govern like it.

jeffreyparties.bsky.social•11 days ago

My mom is actually the voter they want, former republican voter, suburban, upper middle class, switch parties because trump was too rude.

I jokingly tell her she ruined this country because the democrats think there are millions of people like her.

resolutecourier.bsky.social•11 days ago

"Let them eat cake" ass

antioccident.bsky.social•11 days ago

The other thing that kills me is that a 401k is just capitalists taking the money they should have just given us directly and putting it in the stock market so they can play with it, leaving us out to dry anyway

williedustice.bsky.social•11 days ago

When I first entered the public sector in a union job and began collecting an actual pension instead of a group retirement plan (Canadian equivalent of a 401k) I got the sense that convincing everybody that these were better than pensions may be one of the biggest scams ever pulled on the worker.

raallen86.bsky.social•11 days ago

I think it’s a race, but I’ve only done a 5k

lurkymclurk.bsky.social•11 days ago

Dude hasn’t talk to a normal America in decades

cait.bsky.social•11 days ago

every single person i know has a retirement plan of "work until i die" or "get hit by a city bus"

merveille.bsky.social•11 days ago

My plan is donating to pro-euthanasia campaigns.

creeptwin.bsky.social•11 days ago

Mine is to die in my home due to my blood disorder for which I won't be able to get treatments covered by my non-insurance at like 45 and be eaten by my cats. The circle of life and such.

shuchancellor.online•11 days ago

I was betting this 401k

https://en.m.wikipedia.org/wiki/Yellow_Turban_Rebellion

jazhuis.bsky.social•11 days ago

Wait you guys have viable public transportation? 😭

kwierso.com•11 days ago

Gotta say, though, giving a gun-crazy nation a bleak future with no stability as we enter old age has a chance of doing a lot of really funny stuff.

communismwillwin.com•11 days ago

I have never assumed retirement or social security would be there when I hit the retirement age. I absolutely am planning on working til I die. Who the fuck has a 401k

toadcialism.bsky.social•11 days ago

My retirement plan is dying in the water wars after Skibidi Toilet: The Musical

bangnl.bsky.social•11 days ago

My plan, when the money runs out I have to go.

walterpeck1.bsky.social•11 days ago

Democrats: "But the bus will be electric!"

condor.bsky.social•11 days ago

i stg they have one god damn script and they will NOT diverge from it.

nasicournus.bsky.social•11 days ago

Don't dismiss my retirement plan of winning the lottery

uniondesign.bsky.social•11 days ago

nornsolon.bsky.social•11 days ago

People will look straight into your eye and say "how's your 401k" like bro are you serious

epicharis.bsky.social•11 days ago

nobody I know under 45 (myself included) believes they'll live long enough to retire or that they'll ever see a dime of that money

adhdgobl.in•11 days ago

I've funded my retirement accounts to the best of my ability for my whole career, and I'm theoretically on track for a pretty decent retirement, but anyone who thinks that retirement as we think of it today will even be a thing that exists for the non-megarich 20+ years from now is delusional.

lurkymclurk.bsky.social•11 days ago

In Florida we can get crushed to death by office workers’ very large pickup trucks too! Great to have retirement options

mayamedia.bsky.social•11 days ago

I feel so seen! 😊 Great times we live in! #Winning

pyrholidon.bsky.social•11 days ago

Since I've been disinherited my retirement plan is basically going off into the woods and disappearing from society.

amcnal.bsky.social•11 days ago

hell i have a 401k and this is still my plan

overly.gay•11 days ago

Oh, I recognize that retirement plan!

jeanlucbacardi.bsky.social•11 days ago

Shit I have a 401k and these are still my best retirement options lol

pyrholidon.bsky.social•11 days ago

You mean the thing I cashed out when I quit my job after going on a mental spiral back in November and rapidly burned through?

dildo-baggins.bsky.social•11 days ago

Twinsies!

lapsoirium.bsky.social•11 days ago

A retirement fund?? In this economy??

serisothikos.bsky.social•11 days ago

the thing that not even half of our generation has

soverytired.bsky.social•11 days ago

I have one because I was nagged into it by my parents. It's just imaginary money to spend in my imaginary retirement that I kinda could use now.

supermills.bsky.social•11 days ago

you know, the account that has your hundreds of thousands of dollars you have been saving, sheesh.

or look at your Dad's IRA with his millions of dollars, do I have to spell it out for you?

oksettledown.bsky.social•11 days ago

Man that's like concern 25 or 26, the room wants to hear about concerns 1-24

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