#Older Americans

[squaredawayblog]

Homeownership for older workers and retirees is on a downward path.

[crratbc]

The report’s key findings are:

High inflation tends to harm older households, but the size of the impact varies due to three factors:

the extent to which income and assets keep up with rising prices;

the amount of fixed-rate debt, which declines in real terms as inflation rises; and

the extent to which households respond.

Absent any response, retirees are hurt more than near retirees as, outside of Social Security, their income is less indexed to prices and they hold less debt.

Among households that do respond, new data show that many tap assets and cut back on saving, which means more consumption today but less tomorrow.

[b0bthebuilder35]

This should be concerning. People over the age of 75, should not be trying to enter the workforce. These numbers aren’t based on people who are entering the workforce just because they want something to do because they’re bored. If it’s the fastest growing, it’s because they feel they have to for any number of reasons.

[brutalcomplex]

collection (2016)

[lizzygrant17]

[ffcrazy15]

Someone needs to do an analysis on the way the Kung Fu Panda movies use old-fashioned vs. modern language ("Panda we meet at last"/"Hey how's it going") and old-fashioned vs. modern settings (forbidden-city-esque palaces/modern-ish Chinese restaurant) to indicate class differences in their characters, and how those class differences create underlying tensions and misunderstandings.

[drawnfamiliarfaces]

He’s cool 🧊 he’s hot🔥 Like a frozen sun.☀️

[forecast0ctopus]

do u think they ever explored each others bodies

[squaredawayblog]

Single people often lacked the social and emotional support they needed during the pandemic, while workers living with other family members encountered more financial difficulties. 

[crratbc]

The brief’s key findings are:

The share of older Americans with debt has been rising since the 1990s, but holding debt in retirement is not necessarily bad.

The question is, how many older borrowers are at high risk of financial distress due to the type and size of their debt?

The analysis finds that the majority of older borrowers are at high risk, but not all high-risk borrowers are alike.

The high-risk fall into four groups: 1) financially constrained; 2) credit card borrowers; 3) too much house; and 4) wealthy spenders.

Hence, no one-size-fits-all solution exists, so targeted policy interventions would be most effective.

[prairiedeath]

08.24.2024 • 2:00am

[dumbgirlmiu]

I ♡ dilfs

[notbecauseofvictories]

I was sitting in my hostel's common room (journaling and absentmindedly eating dinner) and tripped and fell into a two hour discussion with a British man who happened to be sitting there as well. We discussed international politics and I managed to hold my own---who knew I had this many opinions about the ICJ? Also he kissed my hand afterward, which has to be the most charming thing to happen to me in recent history. Now I'm sweetly cradled in wine bed and listening to a recording of the opera I wanted to see...it's okay, actually. Everything is wonderful.

[prinzessinscloset]

"I watch ahs for the plot"

The plot: