From the Wall Street Journal. Select quotes, rearranged for maximum irony:
The average 401(k) balance was $131,700 at the end of 2024.
“What’s more important to me than having a few extra dollars in my retirement is that this country is set up for success,” Paris said.
The couple have lost $70,000 in retirement savings since January.
“He’s doing some hard work, some things that are very difficult for people to understand and difficult for people to accept,” Williams said, “but it’ll be to our long-term benefit.”
Meanwhile, the share of Americans who haven’t retired and are confident in their retirement prospects fell to 67% from 74% the prior year.
She said she takes solace in the fact that Trump is surrounded by a cabinet full of handpicked experts whose advice she thinks could help avoid further losses.
Was about to comment almost exactly this.
His “experts” are all cronies - and they’re not even slightly interested in the plight of the people, including the retirement prospects of 71 year old Mrs. Redlich.
Having any faith that Trump’s administratiom will do anything except line their wallets with tax payer money and do their upmost to fuck over Ukraine is morbidly stupid.
It’s worse than that. Most of his cabinet picks are not only not experts in their assigned fields, not even knowledgeable in them, but are actively antagonistic toward them. They wish to limit, downsize or outright destroy the departments under them, or else twist them so severely that they are essentially the polar opposite from their intended purpose. They sure as shit are not here to fix anything. They’re here to actively break things they hate.
You’re telling me that the CEO of World Wrestling Entertainment isn’t the most qualified person to lead the Department of Education? ShockedPikachuFace
To be fair. A lot of these people also have faith that because they said the right words to an imaginary being, they will be “saved” after they die.
Yes, they’re out of their fucking minds.