36 upvotes, 5 direct replies (showing 5)
View submission: Living with no Retirement money
It is not easy. Multigenerational living is becoming a big thing.
Comment by primalchrome at 06/02/2025 at 02:38 UTC
19 upvotes, 0 direct replies
That is standard in most of the world, and was in America until we lucked out with how WWII changed out economy. That will probably be the 'blip' generation and we will go back to multigenerational households going forward.
Comment by billy310 at 05/02/2025 at 23:09 UTC
16 upvotes, 1 direct replies
Again
Comment by CompleteSherbert885 at 06/02/2025 at 04:24 UTC
6 upvotes, 1 direct replies
My hubby was a saver, I managed the money, we had our own business. I know how much I have in the bank. And while it's not still on the front burner of my consciousness, it's still on the back burner...that I'll end up having to eat cat food in my remaining yrs. And this is a silly fear, I have done everything to insure I'll never have that experience. I have long term care ins, a paid off house, my son & his GF live with me to make sure they're taken care of, loved, cherished, and I'm looked after too. I'm set up getting the most $ I can from the government, and money in the bank. And still, esp now with Trump & Assholiness Musk running things, I fight off the terror of not being able to afford to remain alive daily....
Comment by tonyg1097 at 06/02/2025 at 01:17 UTC
3 upvotes, 0 direct replies
Most other modern nations have had multigenerational families for centuries and still do. I like that but I live in America so it’s just me and my wife and a big ass 2400 square-foot house lol
Comment by Artlawprod at 07/02/2025 at 00:16 UTC
1 upvotes, 0 direct replies
My dad is 85. He and my Mom bought a cheap apartment in NYC because that was all he could afford. Now, 50 year later, we still all live the in apartment., My dad, my husband and my kids. We cover all the costs because my Dad only has a limited income, but if he sold the apartment he would be rich. He wants to hand the apartment down to me. So I cover all food and apartment expenses and at the end, his SS and limited savings allow him an otherwise comfortable life, he will leave me the apartment. But if he is still alive in 5 years, we will have to take a mortgage out on the apartment as he will not have enough to live on.