Talk of The Villages Florida - View Single Post - Villages Growth - You Can Stop The Speculation
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Old 04-01-2021, 06:43 AM
rrb48310 rrb48310 is offline
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Default A differant age

Quote:
Originally Posted by tophcfa View Post
But when will they start saving for retirement? They won't have pensions and it's anybody's best guess if Social Security will even be solvent by the time they retire. The GIG economy is not what made our generation able to buy homes in the Villages.

On top of that, the poor millennials are the ones that are going to eventually have to pay the piper for the unsustainable debt our government has become addicted to.
I think the "pension" that was common place is going by the wayside, most companies are moving to 401k's less expensive for them and more secure for the employee. But you can lead a horse to water but you can't make them drink it, I think companies are enrolling employees and its up to them to stop.

There is plenty making money in the Gig economy ie Bitcoin, Game Stop etc. I agree that the millennials and them some will be paying for the debt.
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