this post was submitted on 07 Jun 2026
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politics

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[–] KoboldCoterie@pawb.social 104 points 1 day ago (7 children)

If only they had voted for the candidates who wanted a strong social safety net, rather than the ones that wanted to fuck everyone who isn't part of the 0.1%, maybe they wouldn't have to worry now...

[–] Rhaedas@fedia.io 35 points 1 day ago (3 children)

And the idea of a safety net has been around for a long time, in various forms, yet somehow helping everyone has always been a bad thing to do.

[–] krashmo@lemmy.world 4 points 1 day ago

Helping people is good to conservatives too... so long as you mean one guy helping an old lady cross the street. Once you apply that idea to anything more than one individual's actions within the confines of the community in which they live then conservatives start opposing the idea. I've never heard a logical explanation as to why that is.

[–] TheReanuKeeves@lemmy.world 4 points 1 day ago

Because somehow enough people were convinced anything that wasn't democracy was communism but also that capitalist fascism is actually democracy

yet somehow helping everyone has always been a bad thing to do

Except when you're at church pretending to listen to what the preacher is saying about the gospels

[–] Janx@piefed.social 9 points 1 day ago

That sounds like socialism, which is the same as communism, since they don't understand that either. All they know is that they lived through the Red Scare, and grew up thinking evil Soviet Communists were going to nuke the world...

[–] desmosthenes@lemmy.world 8 points 1 day ago

bernie was who we needed - instead we got trump ala hillary

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[–] DeckPacker@piefed.social 66 points 1 day ago (2 children)

It's not an age thing, it's a class thing. This is just a psyop to direct anger away from the Epstein class.

No war, but class war.

[–] Triumph@fedia.io 22 points 1 day ago (1 children)

Absolutely. Note that the only boomers who are able to hoard money are the ones who have it to hoard.

[–] postmateDumbass@lemmy.world 4 points 1 day ago

The rest of them stay in the workforce, delaying future generations

[–] bigbangdangler@reddthat.com 1 points 1 day ago (2 children)

I'm not disagreeing, but it is worthwhile to point out that the groups can converge.

It may be a class war, but when all the boomers you know are a class above you, it can be both.

[–] Calfpupa@lemmy.ml 2 points 1 day ago (2 children)

Boomers are not the class above anyone, virtually all of them are working class. Theyre just also brainwashed to hate socialized benefits.

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[–] DeckPacker@piefed.social 1 points 1 day ago* (last edited 1 day ago)

Almost all boomers are working class, because they made the majority of their money through employment and not through capital.

[–] db_null@lemmy.dbzer0.com 15 points 1 day ago* (last edited 1 day ago)

Another article to distract us from the class struggle. Billionaires and corporations are the ones hoarding wealth and need to be eradicated, preferably by taxation, but I'm open to alternatives.

[–] foodandart@lemmy.zip 45 points 1 day ago (3 children)

My dad lost all his assets to cancer bills, as did my father in law, and my husband's family lost the house built by their grandfather due to having to settle the nursing home debt after my mother in law died.

I do not expect any inheritance from my mom, since I want her to use it all to take care of herself.

We really really need a single payer healthcare system. Those last dozen years of a person's life are where the medical industrial complex makes obscene bank.

I can not begin to explain the level of my contempt for networks like FoxNews..

[–] Waraugh@lemmy.dbzer0.com 9 points 1 day ago (1 children)

It confounds me that my father can be such a bigot and against social reform after being left destitute after my step mom passed following seven years of cancer treatment before passing way. I think he wants everyone else to suffer like he does instead of wanting there to be less suffering. I used to be really close to him but I refuse to have a relationship with him anymore.

[–] turtlesareneat@piefed.ca 3 points 1 day ago

I grew up on WIC and now my mom is conservative and against all safety nets and I'm like, bitch please I remember damn well picking out things that were on that WIC list every week at the store, don't act like we got by OK on our own. Not to mention her not working and on disability for the past couple decades... so independent we are.

[–] arrow74@lemmy.zip 2 points 1 day ago* (last edited 1 day ago)

If you want homes to stay in the family you need to get people added to the deed years before you die/acrue debt.

Depending on state this keeps the property out of any estate proceedings

[–] Monument@piefed.world 1 points 1 day ago

This is going to sound really fucked up, but my mom apparently bought specified disease insurance.
She smoked from before she was 18 up until after her last chemo treatment, and she still had her treatment covered 100%.

It didn’t cover everything - only medically necessary things. She tried to get the doctor to do an experimental procedure on her, and the insurance wouldn’t cover the procedure. It covered live-in hospice, but not a nursing home, etc.

[–] daannii@lemmy.world 21 points 1 day ago* (last edited 1 day ago) (2 children)

Weird I thought it was the billionaires hoarding wealth. I guess we shouldnt be mad at the billionaires anymore but at older Americans who have homes.

Yeah they are the bad guys !

And how dare they stay alive. I mean. The audacity !

[–] jaybone@lemmy.zip 3 points 1 day ago

And since we have such a great social security system and retirement system and benefits and health care for retired people, why shouldn’t they just blow all their money in the trickle-up economy and let the banks take their house. Go be a greeter at Walmart you fucking fossils. What a bunch of assholes.

[–] phutatorius@lemmy.zip 1 points 1 day ago

Divide and rule, a tried and true propaganda method.

[–] phutatorius@lemmy.zip 10 points 1 day ago

It's not hoarding if it's needed.

Look at where all the wealth from economic growth has gone since 1980: almost all to the ultra-rich. That's hoarding, not someone's nest egg.

[–] BassTurd@lemmy.world 15 points 1 day ago

This is a dumb article. It sounds like they are blaming boomers for having money, then the article basically explains why they have money, and for the most part it's justified.

I'm not going to lambast anyone that got a cheap house at a low interest rate, then worked for 50+ years to get to retirement to find out they need more money. It's not like all of these boomers are sitting on millions, they have hundreds of thousands in retirement, no mortgage, but have fears of medical bills or nursing homes.

Fuck, I hope someday I approach retirement with enough money to live out the rest of my life in relative comfort. I'm fortunate in that I'm in my mid thirties and have a house (mortgage for now, but at least I'm getting equity). That shouldn't be held against me like it is to boomers in this article.

What I won't defend is boomers that complain about not having enough money when they continually voted for all of this. Statistically, boomers lean right, but I try not to generalize entire demographics like this. There were a couple of quotes I. His article that highlighted some of the worst offenders out there, but I mostly read about people that know that one illness will wipe out their savings, so they keep working until they can't.

If I can amass the monies I need to retire early, I'm out ASAP. My company offers a 55/10 plan where if I retire at 55, I can keep my medical coverage until I'm 65 when Medicare kicks in. That's my current goal, but shit happens, and it can happen to any of us. I just wish that shit happened to the billionaires and not everyone else.

[–] Semi_Hemi_Demigod@lemmy.world 42 points 1 day ago (1 children)

Meanwhile everyone else outlives their money every couple weeks.

This is the top comment!

[–] magnetosphere@lemmy.dbzer0.com 16 points 1 day ago (2 children)

As maddening as this is, I can’t say I blame them. Being poor in America is designed to suck. Then again, they’re the generation that helped make it that way, so…

[–] titanicx@lemmy.zip 7 points 1 day ago

Well you know when they're the ones that design the system. And they're the ones that purposely made being poor a crime and anything but desirable. Of course they're going to fear the system that they created.

[–] quick_snail@feddit.nl 5 points 1 day ago

I mean, they did better than the generation before them

[–] bigbangdangler@reddthat.com 12 points 1 day ago (1 children)

At some point we'll have to shift focus from boomers hoarding money (which they are, absolutely) to the fact thay many people reaching retirement age in 20-25 years will have no plan, no safety net, and no options because of systemic changes in industry and government. These systemic changes were only ever considered for a few years out.

I don't think there are any good solutions for the longer term issues.

[–] jaybone@lemmy.zip 7 points 1 day ago (1 children)

What you’re calling “hoarding money” for many is also what you refer to as a “safety net.”

Like owning a house and having a 401k shouldn’t be considered hoarding. Especially since the social security system is fucked. People need to save for their retirement, or else they have to live their old age in poverty and still work until they die.

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[–] Modern_medicine_isnt@lemmy.world 12 points 1 day ago (1 children)

I'm no boomer, but I know how they feel. Who can tell when the next crash will hit, and mega inflation will strike. There is just no real way to know you have enough saved. Unless you are like elon or such. And gieven all that. People are holding on to their money because they may have to help keep their kids afloat. It isn't the boomers making the problem, it's the mega rich scraping every dime they can put of the hands of everyone they can so that they can be secure in their wealth. The bokmers are just a biproduct of that brainwashing.

[–] tea@lemmy.today 4 points 1 day ago* (last edited 1 day ago) (1 children)

They were bought. They grew up in a world of plenty. They were sold the idea that it will always be this way as long as they vote conservative. Fox News (and less blatant media) came and pacified them by giving them excuses for being greedy, which enabled the worst wealthy actors to hoard their shit and codify the greed into the both culture and law. They were used to create a system that is fucked and now are confused when the system they built sucks and the world of plenty is being shown to just be a short term golden age.

I wish I could confidently say I'd do better, but probably not. We are products of the world we live in and are shaped by what we see and hear.

I dunno, my limited sample size says the boomers were raised by parents who lived through WWII, so they were raised frugal. Save as much as you can types. Then yes, things were eventually good... the 70's had high inflation I think. So now they hold on to whaterevr they have. But yeah, can't say I would have done better.

[–] VitoRobles@lemmy.today 12 points 1 day ago* (last edited 1 day ago)

My wife's grandmother was expecting to die at age 90. So she burned through most of her retirement money. Now she only has 10% of it and she's 92 years old. She downgraded her living space a few times already.

I'm a bit terrified about what the future brings for her when she's still alive and she runs out of money fully.

[–] LuxSpark@lemmy.cafe 11 points 1 day ago (2 children)

I’m sure it will trickle down eventually.

[–] AdamEatsAss@lemmy.world 4 points 1 day ago (1 children)

Pee and blood both flow downhill. Not sure about assets.

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[–] RedWeasel@lemmy.world 3 points 1 day ago

It is trickling down. Everyone is just looking at the pyramid upside down.

[–] fodor@lemmy.zip 6 points 1 day ago

The headline alone is bullshit. They can annuitize their savings if they want to, but they don't. Great, the whole article is pointless. Classic Fortune writing.

But I do think guaranteed pensions need to come back, and that right soon.

[–] Tedesche@lemmy.world 8 points 1 day ago* (last edited 1 day ago)

Now, now. There's a handful of millennials waiting to hoard it after they die. This is how the trickle-down works, people, let it trickle. Gosh, so impatient...

[–] sportsjorts@lemmy.zip 5 points 1 day ago

Jesus what a horrible generation. The greatest generation gave birth to the absolute worst generation.

[–] ripcord@lemmy.world 2 points 1 day ago

I haven't read more than the title ye5. So this is a response to that alone. But don'tmost people want to avoid running out of money before they die (and are the most vulnerable)...?

[–] n4ch1sm0@piefed.social 5 points 1 day ago* (last edited 1 day ago)

If they're not hoarding it, they're pissing it all away on their healthcare anyway as they go on to eventually start fucking dying as old people tend to do.

[–] altphoto@lemmy.today 1 points 1 day ago

Don't worry, we're going to croak before retirement.

[–] DarkCloud@lemmy.world 1 points 1 day ago (1 children)

Can't they just calculate annual costs times yearly inflation against life expectancy... And add an emergency fund and some luxury options then boom. They'd know where they're at rather than worrying.

[–] Arcanepotato@crazypeople.online 6 points 1 day ago (1 children)

Can't they just calculate annual costs times yearly inflation against life expectancy...

The article explains that both these things have changed quite a bit since they started planning for their retirement.

[–] titanicx@lemmy.zip 2 points 1 day ago

Guess they need to stop eating avocado toast and Starbucks. Maybe pull themselves up by their bootstraps.

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