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Majority of Americans over 50 worry they won't have enough money for retirement: Study
(www.usatoday.com)
this post was submitted on 03 May 2024
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Honestly if your rent is only 1600 then your probably not in one of the super high COL places either which is wild. Well paid people in NY and San Francisco are going to have to die on the job while barely making their rent in 50 years. Everyone's fucked if nothing changes.
I am not working in the states. I am working in a city where the average salary is 3000€, and rent is 25/sq.m. or ~2.3€/sq.f. and mind you in other places rent/salary is even higher like in Lisbon, which is popular expat and tourists destination
Something will change, whether the outcome is positive or negative for us is up in the air
You know, the ruling class doesn't want us to be able to afford buying our own places and eventually retiring early. They want us working till we die.