At least almost dead people are getting a tons of money to give to they spoiled grandchild wante into unnecessary stuff
I’m a millennial with a house but no retirement savings, and the WSJ tells me the average millennial has over $1m in retirement assets now, so fuck y’all and your privilege. (I’m just kidding, I know you’re poor too)
Is that the median or mean average? The worse that inequality is the more it distorts mean averages and the less it tells you about the majority.
Pretty sure it’s average if it’s true. It’s 100% NOT the median. Median is probably $50k or less if I had to guess. There is a scary chunk of society that can not afford a $500 emergency. It’s awful.
Love all those articles that are like “By 30 you should be saving and have this much for retirement by now…”
Like lol the car made a funny noise, $100 doesn’t even hope to fill a grocery cart, and we’re enjoying yet another “unprecedented” planned financial crisis in our lifetimes, what do you want from me here.
I especially love how people continue to have
childrenslaves in such hopeless conditions.
There is no fucking way in Hell the average millennial has even $100k in savings.
Mate, there is no chance the average millennial has over $1m in retirement assets. The average Gen X doesn’t have that much and we have been working a lot longer.
Depends on the ‘average’. Mean? Yes; median? probably not
lol 😂 what a sick twisted sense of humor.
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The squeeze-out of the middle class has begun.
The squeeze-out began in the 1970s and is in full swing.
I bought mine when I was 27. Not a big house but house nevertheless. Didn’t want to live in an apartment anymore. Anything is better than that.
How much money did your parents give for the down payment?
None but they backed the loan.
I have perfect credit history and never missed a single payment. Nobody in my family would even co-sign for a car. Consider yourself very lucky
I consider myself immensely lucky. Sometimes it feels like my entire life has been nothing but a continuous streak of good luck - almost to the point of me foolishly counting on it happening again. I can’t explain it, but I’m thankful, and I’m under no illusion that any of it is my own making. Even the fact of having had a good childhood and parents who are still together at +65 years old is so valuable and increasingly rare nowadays.
I saved up 10k in 6 months towards a house. Saw house prices go up 50k during that same time. Said fuck it and started renting
Fair. We were looking at probably around the same time and then decided to buy a prebuild to lock the price in. By the time it was built a year and a half later it had gone up by about a 1/3rd.
I’ve basically given up on everything. Death is more humble than participating in this culture.
It’s literally my “retirement plan.”
After my older family pass away like my mother, father, and grandmother, I’m taking a trip to the store and buying a shotgun to eat then fucking off somewhere deep into the woods where hopefully no one has to accidentally find me.
Hey, I know things are dire, but remember our patron saint Luigi.
seriously, if your gonna kill yourself you might as well take out the worst scumbags around before you do
I mean at least take out some fascist politician or something.
If you’re in the US, get the gun now, you might need it for other reasons. Fascists typically try to take the guns at some point. Don’t believe Republican 2nd amendment bullshit. The leaders would love to take the guns, Trump even said as much.
Why not intentionally overdose on heroin? Yeah you will puke and pee/poop your pants while you die, but it’ll be fucking awesome.
I mean you can imagine more than that, my plan is to take loans and credit cards I have no plans to pay back, ball out all over the world and then book a solo sky dive, perhaps over an active volcano and dive straight into it
Honestly the best thing that’s ever happened to me in my career is the AI bubble. not because it’s a good thing, it’s a god damn horrible thing, and because it sucks I’m making money now fixing other companies reliance on it. that’s it. Without that I’d probably be unemployed right now.
Now i’m just saving pretty much everything I make because I need to finish before the bubble bursts. I’ve essentially entered myself into a race that I NEED to win very soon.
Do you mind sharing where I can find such a role and what the title for such jobs is, I’m currently unemployed software engineer but I need to start saving for the upcoming recession as well
I’m interested as well
like it or not Linkedin unfortunately. Prior to what I do now I was just a regular consultant dev and decided to pivot to essentially being a sort of “digital janitor”. I had an existing client base but those clients were smart enough to not even bother with leveraging LLMs for their work, they already had a solid team of developers. Some work I got via client referrals but most was honestly just posting comments/small blogs on Linkedin and arguing with tech bros. Tech Bro posts their usual BS AI slop, I’d reply saying how idiotic and wrong they were, other companies took notice and figured “ok we’re in a bind, this guy seems to know what he’s talking about, lets get on a call with him”
Remember most of these AI tech bros are out of work middle management wannabes so get in their threads and call them out. Many small dev houses and startups are currently trying to snuff out LLM fires but are afraid to admit they fucked up due to investors, clients, and what have you so they’re not going to out right post jobs stating they need help with it. you have to let them know you’re out there. Post on linkedin, cold email places, etc. Also highlight the fact you do code review on your resume. This is one skillset that is massively in demand right now because of LLMs. Not everyone can do it and do it well but it’s something that isn’t that difficult to get good at. You pretty much have to be willing to become a freelancer/consultant and take on several clients at once and then build your reputation. After awhile if you’re good at it you won’t need to advertise your services anymore as word will spread and clients will be beating down your door hoping you can save them. I’ve been booked solid for almost the past year. And it’s not hard work at all either, dare I say doing what I do now is 10x easier than just doing regular dev work because the vast majority of issues are all the same. Client leverages AI for an end to end build, it doesn’t scale, way too many exploits, a series of #TODOS that the LLM claimed were complete but weren’t even started and the “vibe coder” behind it all didn’t know any better. it’s the same song and dance with each company. You’ll eventually end up doing maybe 3 to 4 hours of work a day just reviewing code and writing reports and then fuck off and play a videogame or something.
Yeah it makes sense they wouldn’t want to admit making a mess with AI, I’ve never worked as a independent contractor before and I avoid linkedin like a plague, but I might need to start working on that going forward
trust me I hate Linkedin as much as the next person. research what you need to do in order to be a contractor (i.e. taxes being a big thing to remember) and just deal with the bullshit that’s linkedin. You’re there just to have clients find you. Don’t use it as a search to find people because like I previously said and you pointed out they’re not going to openly admit they fucked up and trust me even when you do get on a call with them or email exchange in a funny way they still won’t openly admit they fucked up and will continue to tip toe around the fact. It’s almost comical.
why is anyone paying these experts?
this is ketchup research levels of fuckery
if you’re not part of the solution… which they’re not… there’s money to be had being part of the problem.
They’re being paid by the people who want to exploit us.
Yeah. This has been true for basically my entire adult life. Graduated high school in '02 into a job market still fucked from the dotcom crash, got my theater career into gear, destroyed utterly by the GFC. Went from construction to pest control as I was looking for more recession proof work, was a season away from getting my ACE certification… Destroyed by covid-19.
If this was it, I probably could maybe at least have a shot, but then I quit nicotine, fell while feeling sick and dizzy from withdrawal and got a TBI.
I’ll be lucky if I get to continue living in anything remotely as nice as this little apartment I’m in with my brother.
Honestly, almost never had a shot anyway, even without my personal issues.
Get ready to buy the dip
The only dip I can afford to buy:
Look at this guy affording name-brand dip
From France even
the casino is honestly pretty easy to pull from once you know how it works, easiest $ i’v ever made.
especially a raging bull market like this…after i figured it out, have made more in the last 3 months than i made working honestly the last 6-7 years. and i’m not even doing the real risky stuff like shorting
that’s where all these rich fucks put their ratfucked money from uncle sam…crashes like the one the wolves are building to now represent the best shot most plebs have at grabbing any serious amount of wealth for themselves.
the game is rigged, keeping your chin high and playing fair only insures you stay poor, unempowered, and eventually disillusioned.
Reminiscences of a Stock Operator (written over a century ago) is a pretty good primer for anyone who wants to see just how this all works. wallstreet and bankstreet never changes, it just occasionally rebrands.
I read “clip” at first. As in: “16 in the clip and one in the hole.”
Mainly the issue is not being able to afford a house, but being able to afford a house close to civilization.
There’s plenty of houses to buy for 5 000 € or less but in places where the closest store is 100 km or more away.Holy shit in the US a one room shack 100km from civilization would be like $80000 plus.
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Well a house like that would be more expensive as well because it’s a turn-of-the-century house (sekelskifte). But a more modern house can easily go for much less. The further from stores, schools and healthcare the cheaper the house.
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and those places arent any better than the cities, small town america is even more corrupt than the cities.
That’s okay, people like Vince Zampella still get their Ferraris to crash into walls at 100mph,
There’s still hope, I just recently bought a home just after turning 40. You just need to put a ton of money into savings, go bankrupt paying medical bills after something bad happens to your spouse, spend 7 years in borderline poverty, and then have one of your parents die the same month they retire and collect their retirement fund.
I hate that the best thing my father ever gave me was his pension.
I’ll never own a home. And I have no family. My only retirement plan is to die before I need to retire.
Slightly better than my path.
I bought a house this year, also age 40. To get there, I took a job with a large soulless corporation that is slowly destroying all of us, and then borrowed against all my retirement to get my down payment money.
I just keep saying, “At least I have a house…”
Calling my pops now. Letting him know the plan.
People spent years trying to work out why life expectancy in Okinawa was so high. Turns out it’s their high rate of pension fraud.
Our 85 y/o dad is pretty much our only hope for a retirement fund. Only problem is that his parents and relatives all lived to between 95 and 105. And I’m already nearly 50.
your spouse
Yep, no hope lol
Can’t afford anything at all on a single income. :(
just need both parents to die
I can just sleep in my car.
Hey now, I banked $30K in cash and bought a house, all I had to do was have a heart attack, open heart surgery, and move to 100% work from home. 😉
3 years after I stopped driving to the office, paying $21 a day to park, and eating out all the damn time… boom! $30K in the bank!
RTO is the worst thing to happen to the business world since open floor desks.
at this point they’re just rubbing it in
work from home and move out into the forest peeps. buy a mobile home and your own land. get a camper first if needed and then save up to put the mobile home or build a actual block home. pay off your loans and credit cards. get an emergency fund. pay off your house loans. save for retirement. $$$$
Can’t imagine why
I’m glad I bought my house when interest rates were just barely above 3%. I couldn’t afford my home if I had to buy it today.
This fucking economy sucks and we need to start removing everyone in power forcefully until the problems go away. Then start again.
A .worlder who isnt content to suck on Nancy pelosi’s toes? I think the democratic gaslighting might be running out of gas.
I’m a socialist, so the Democratic party doesn’t typically represent me.
