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‘Will I ever retire?’: millennials wonder what’s on the other side of middle age (www.theguardian.com)

submitted 5 months ago by [email protected] to c/[email protected]

239 comments fedilink hide all child comments

Claire*, 42, was always told: “Follow your dreams and the money will follow.” So that’s what she did. At 24, she opened a retail store with a friend in downtown Ottawa, Canada. She’d managed to save enough from a part-time government job during university to start the business without taking out a loan.

For many years, the store did well – they even opened a second location. Claire started to feel financially secure. “A few years ago I was like, wow, I actually might be able to do this until I retire,” she told me. “I’ll never be rich, but I have a really wonderful work-life balance and I’ll have enough.”

But in midlife, she can’t afford to buy a house, and she’s increasingly worried about what retirement would look like, or if it would even be possible. “Was I foolish to think this could work?” she now wonders.

She’s one of many millennials who, in their 40s, are panicking about the realities of midlife: financial precarity, housing insecurity, job instability and difficulty saving for the future. It’s a different kind of midlife crisis – less impulsive sports car purchase and more “will I ever retire?” In fact, a new survey of 1,000 millennials showed that 81% feel they can’t afford to have a midlife crisis. Our generation is the first to be downwardly mobile, at least in the US, and do less well than our parents financially. What will the next 40 years will look like?

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[–] [email protected] 19 points 5 months ago (2 children)

No.

But one day I will get so desperatly poor that taking out someone in siphoning wealth from the country and ending them might seem like a fitting end.

If we don't change things anyways.

[–] [email protected] 20 points 5 months ago (3 children)

I always wonder why people shoot up schools and parks when their problems are caused by people in board rooms. Never see a mass shooting in a board room for some reason.

[–] [email protected] 7 points 5 months ago

Well one of the original mass shootings resulted in the expression 'going postal', but I don't recall what was ever theorized as a motive there. Workplace frustration maybe?

[–] [email protected] 4 points 5 months ago

Maybe there's a selection bias, and we only hear about the dumb ones who target innocent people and get caught.

[–] [email protected] 3 points 5 months ago

Believe it or not, people willing to murder others aren't the best at thinking clearly.

[–] [email protected] 2 points 5 months ago

"Those who make peaceful revolution impossible will make violent revolution inevitable."

John F. Kennedy

Let's make peaceful revolution possible by campaigning for electoral reform at the state level! We should all be free to vote for those who best represent us, secure in the knowledge that our vote will still be cast against those we don't want in office.

We don't need to wait for trump to have a hamburger heart attack, we dont need to wait for the republicans to stop existing. We can do this right now... and some states already have!

Yours can to, most especially the blue states. Who is stopping you in those blue states?