ST Alpha - "Some additional snippets that are just wow" (Reading a Post)

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In response to "Labor Participation Rate of American age 75+: 1996 4.7%, 2020 8.9%, 2030 estimated 11.7% -- (link)" by ty97

Some additional snippets that are just wow

Posted by ty97 Dec 13 '21, 07:12

"As the ageing US population grows, participation in retirement plans has declined since 2000. Nearly half of all families in the US have no retirement savings at all and inequality among Americans based on retirement savings is greater than income inequality."

"Kathy Luebbe, a 69-year-old teacher in the Cincinnati, Ohio, area, has continued working through retirement age because social security benefits and her partial pension only provide $2,600 a month, which is not enough to cover her bills and student loan payments."

Responses:

69 year old with student loan payments? whaaaaaaat? -- nm - Beaker Dec 13, 08:20 1
- Grad school or parent loans. - znufrii, boosted Dec 13, 08:24
Eeek... she still has student loan payments at age 69? -- nm - Dano Dec 13, 07:23 3
- It says partial pension, so I'm guessing she went back to school to become a teacher and then didn't work long enough to get full benefits. -- nm - spamlet Dec 13, 07:28 1
  - partial pension is more pension than many of our generation will get -- nm - ty97 Dec 13, 08:31
- I bet her school/district made her go back to school to get her Masters degree. -- nm - Inigo Dec 13, 07:25
"Nearly 9 million Americans ages 50 and older still have student debt" - ty97 Dec 13, 07:14 1
- (part of that seems to be related to 'ParentsPlus' loans for their children but still....) -- nm - ty97 Dec 13, 07:18

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Some additional snippets that are just wow

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