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C0RI0LANUS

(3,015 posts)
8. Hi Bengus81
Tue Dec 31, 2024, 01:22 PM
Dec 2024

You summed up the situation well for many Americans and I empathize with you. A few of my professional friends close to 70 still have to work. I suspect one of them has little to nothing in savings or retirement accounts and he doesn't own a home. He confided to me that he'll be depending on his children for support when he finally retires.

I've noticed more elderly folks working in the service industries over the past several years and consumers buying food from the Dollaramas.

Like you wrote, the cost of living is getting too high. And the cost of dying is high too. One person I know let the government bury his mother at the "Potter's Field" because he couldn't afford a funeral. Years later I learned a distant cousin of mine had their deceased brother cremated because the cost of breaking the ground for a burial in that state is exorbitant and mandatory.

Capitalism works great for those at the top of the pyramid, not for the majority of us at the bottom.

You hang in there Bengus81, you are not alone.

Links:

https://www.pbs.org/newshour/nation/more-seniors-are-becoming-homeless-and-experts-say-the-trend-is-likely-to-worsen

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