(Thread IKs:
skooma512)
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anonumos posted:My mother got a letter in the mail offering a $500/mo defined benefit plan for her 401k. She asked me about it. I died a little inside. I can't believe this is legal. I think the pitch is that the money is SO SAFE that you know it'll never drop to 0 or something snake oil-ish like that. Sorry your mom had to deal with that.
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# ? Aug 10, 2023 19:31 |
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# ? May 24, 2024 05:17 |
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Mokelumne Trekka posted:ironically, on paper it would appear millennials are actually going to be a fortunate generation in the grand scheme of things - it's only natural they would be, as they are following the most prosperous generation to ever exist. it just takes time for generational wealth to play out. The problem with this idea is that no one seems to grasp fully how ridiculously long baby boomers will live. Their lifespans are going to break records, but that also means more decades than usual of needing money without working. I think this supposed great inheritance is not going to happen.
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# ? Aug 10, 2023 19:36 |
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Eric Cantonese posted:The problem with this idea is that no one seems to grasp fully how ridiculously long baby boomers will live. Their lifespans are going to break records, but that also means more decades than usual of needing money without working. I think this supposed great inheritance is not going to happen. also end of life care's insanely expensive and not getting better
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# ? Aug 10, 2023 19:38 |
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Eric Cantonese posted:I think the pitch is that the money is SO SAFE that you know it'll never drop to 0 or something snake oil-ish like that. I gently dissuaded her. She's done very well avoiding the scams on her own. Shehas a decent retirement after only about 20 years of bankable employment before retiring. Considering my step father was a dry wall guy and retired early with no savings and a ton of health problems, her nestegg really surprised me.
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# ? Aug 10, 2023 19:38 |
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lmao at housing in the latest CPI report Nearly all of the monthly inflation increase came from shelter costs, which increased by 0.4% and were up 7.7% compared with one year ago. 📈📈📈📈📈
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# ? Aug 10, 2023 19:42 |
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Eric Cantonese posted:Their lifespans are going to break records, but that also means more decades than usual of needing money without working. i think people have this weird idea of modern medicine being some amazing elixir of life that can cure anything if you have the money, but that's actually not true. where money helps is preventative
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# ? Aug 10, 2023 19:42 |
err posted:lmao at housing in the latest CPI report Cars went down 3% so BIDENOMICS BE GRATEFUL
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# ? Aug 10, 2023 19:43 |
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Teabag Dome Scandal posted:transit in seattle is worse than it was 4 years ago! we're having lines cut or reduced and nobody is doing poo poo about it. Boy, does that ring a bell. Cut service & consolidate lines, then use the reduced revenue (because of long waits & confusion about routes & shortened hours) to further cut service & consolidate lines.
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# ? Aug 10, 2023 19:46 |
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skooma512 posted:Pretty much every person I know that was staying with an infirm elder got kicked out on their rear end with nothing after they died. The house either got sucked up by a reverse mortgage or just sold from under them by other family. lol lmao. Yep, that exact thing happened to me & I became homeless at 59.
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# ? Aug 10, 2023 19:48 |
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skooma512 posted:Still have yet to hear a good reason why FSA money needs to be confiscated at the end of the year. I love how trying to get healthcare requires you to become a lawyer and also pay a casino game where you estimate how much money you need for healthcare in a year and if you overcommit you just lose that money. best part is HSA also exists. so there is basically the same program where that bullshit doesn’t happen!
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# ? Aug 10, 2023 19:48 |
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skooma512 posted:Cars went down 3% so BIDENOMICS cars up 500% down 3% bidenomics anyways food keeps going up and up looking forward to that as well
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# ? Aug 10, 2023 19:49 |
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I was looking at the sound transit website the other day and their timelines on building out services and even just adding more trips for the sounder are so hilariously long. There’ll be some light rail fairly close to me in about 15 years when I’m 48!
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# ? Aug 10, 2023 19:49 |
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Willa Rogers posted:Boy, does that ring a bell. https://triblive.com/opinion/colin-mcnickle-how-the-next-allegheny-county-executive-can-start-fixing-prt/ quote:Colin McNickle: How the next Allegheny County executive can start fixing PRT Conservative think-tank bigwig writes article for newspaper presenting conservative institute opinion. That opinion? We have to operate public transit with "what we have," which is half of what we had twenty-four years ago despite "expansionist tendencies."
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# ? Aug 10, 2023 19:50 |
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trevorreznik posted:My mom is already worried about her end of life care reducing our inheritances and we aren't sure how to deal with it - she has terminal pancreatic cancer and would rather die 2 months early than go through all the suffering + expected cost of a home health aide, but Illinois doesn't have a death with dignity law afaik I'm sorry to hear about the cancer; that's the one that took my sister's life a few years ago. If she's on (traditional) Medicare she can get inpatient hospice fully covered when she & her doctor determine it's time; most of the hospitals now have them. eta: It doesn't have to be her last two weeks of life, either. I think it's automatically good for six months & can also be recertified if necessary.
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# ? Aug 10, 2023 19:52 |
HallelujahLee posted:cars up 500% down 3% Food explicitly doesn't count on the CPI lmao
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# ? Aug 10, 2023 19:57 |
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skooma512 posted:Food explicitly doesn't count on the CPI lmao food isnt real its all bidenomics
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# ? Aug 10, 2023 19:58 |
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# ? Aug 10, 2023 20:00 |
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Satan bless this soul
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# ? Aug 10, 2023 20:02 |
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Xaris posted:i'm actually not so sure about that. america is expotentially way more polluted than it was even 30 years ago (and so much worse than when greatest/silents lived), diets are very bad and ingredients are getting shittier/unhealthy, health care systems are breaking, and people are way more sedentary than ever before. life expectency in america is already falling. i think they'll start dropping like flies in their 70s at the most. More people have A/C. Less old people are smoking. Also, while this might be limited to more rich people (who are the most likely to leave an inheritance in the first place), I think more older people are exercising and taking way better care of themselves than people of that age were back in the 1970s and 1980s. Not everyone's following it, but there's better awareness of nutrition and what to do to keep themselves healthy. Senility isn't just an inevitability anymore. Plus, I'm sure more old people than we think are harvesting their grandchildren for blood plasma.
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# ? Aug 10, 2023 20:04 |
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Willa Rogers posted:That service exists and it’s the lucrative field of estate law. I mean free, like a YouTube or TikTok series that informed us what to do and when so the government can’t come back to an estate after someone’s died and demand money.
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# ? Aug 10, 2023 20:06 |
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Glumwheels posted:I mean free, like a YouTube or TikTok series that informed us what to do and when so the government can’t come back to an estate after someone’s died and demand money. Leon claimed a while back that anyone could shield their assets by setting up a $200 trust so maybe hit him up about it. You know that you can trust what he says as being the truth.
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# ? Aug 10, 2023 20:09 |
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gently caress that was such a good one
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# ? Aug 10, 2023 20:09 |
https://www.cnbc.com/2023/08/09/panama-canal-shipping-pileup-due-to-drought-reaches-154-vessels.html This is going to get worse before it gets better’: Panama Canal pileup due to drought reaches 154 vessels There are 154 commercial vessels waiting to cross the Panama Canal, with an average wait time of 21 days. Panama Canal Authority has reduced the number of ships allowed to pre-book transit through the Panamax locks, and restrictions due to ongoing drought conditions will remain in effect until August 21. 40% of all U.S. container traffic travels through the Panama Canal every year. “This is going to get worse before it gets better,” said one marine shipping expert.
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# ? Aug 10, 2023 20:10 |
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stuck? boat stuck?
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# ? Aug 10, 2023 20:16 |
They use a freshwater lake to operate the locks, and Panama is in a drought. Wild guess, but El Nino will make that situation worse since it's traditionally associated with droughts in South and Central America.
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# ? Aug 10, 2023 20:20 |
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Willa Rogers posted:Leon claimed a while back that anyone could shield their assets by setting up a $200 trust so maybe hit him up about it. You know that you can trust what he says as being the truth. Poor Leon. I thought it was $2000? Anyway, this link might be helpful for those of you having to help older relatives plan their lives out. https://www.medicaidplanningassistance.org/asset-protection-trusts/
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# ? Aug 10, 2023 20:20 |
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things are not going well in "america"
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# ? Aug 10, 2023 20:20 |
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self settled trusts where you are the trustee and beneficiary are legal and very cool
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# ? Aug 10, 2023 20:21 |
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lol dumbasses, if the trade node for Panama is blocked just change your merchant to another node
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# ? Aug 10, 2023 20:30 |
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skooma512 posted:https://www.cnbc.com/2023/08/09/panama-canal-shipping-pileup-due-to-drought-reaches-154-vessels.html LOL
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# ? Aug 10, 2023 20:30 |
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skooma512 posted:https://www.cnbc.com/2023/08/09/panama-canal-shipping-pileup-due-to-drought-reaches-154-vessels.html How does a wait time of 21 days compare to the time to go around Cape Horn?
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# ? Aug 10, 2023 20:35 |
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skooma512 posted:https://www.cnbc.com/2023/08/09/panama-canal-shipping-pileup-due-to-drought-reaches-154-vessels.html vessels arrive right at the draft limit too. like exactly at it. they can’t reduce water levels or nobody at all gets through, so they have to use limit to what is flowing in.
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# ? Aug 10, 2023 20:38 |
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Demon Of The Fall posted:lol dumbasses, if the trade node for Panama is blocked just change your merchant to another node that’ll happen discharges/loading will occur US west coast
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# ? Aug 10, 2023 20:39 |
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actionjackson posted:"More than half of Millennials expect to receive an inheritance from their parents or other family members of about $350,000, according to a recent survey by Alliant Credit Union. " they expect to inherit a house, not knowing that the fox news reverse mortgage companies will instead be inheriting that house
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# ? Aug 10, 2023 20:39 |
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Thoguh posted:How does a wait time of 21 days compare to the time to go around Cape Horn? fuel and 8000 nautical miles. it be like 20-30 days likely. and the weather down there gets bad.
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# ? Aug 10, 2023 20:41 |
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Eric Cantonese posted:Poor Leon. "Given the fairly expensive fees associated with the creation of a Medicaid Asset Protection Trust ($2,000 – $12,000), they are typically not used for assets less than $100,000." Leon definitely said it was $200, bc I remember laughing at him about it. Edit: found it Willa Rogers has issued a correction as of 20:47 on Aug 10, 2023 |
# ? Aug 10, 2023 20:44 |
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Zodium posted:Tech workers react to UPS drivers landing a $170,000-a-year package with a mixture of anger and admiration As a fellow computer toucher, I'm 100% for UPS drivers making that much money because the work they do is 1000x harder than what I do sitting at a desk bopping a keyboard all day. I'd wager that most of the tech people complaining never had a job where they literally sweat because I'm sure if they tried it even for one day, they would probably not say "I think this work should get paid less". And if they honestly are upset about it, they should turn around and DEMAND MORE from their employers instead of doing the crab bucket thing.
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# ? Aug 10, 2023 20:44 |
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yeah, i get to work from home in an air conditioned apartment and can post during downtime. a ups driver straight up deserves more money than me
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# ? Aug 10, 2023 20:45 |
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an article written to pit working class groups against each other on a media outlet called Business Insider? what is this world coming to?
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# ? Aug 10, 2023 20:48 |
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# ? May 24, 2024 05:17 |
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i thought it was an onion article at first
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# ? Aug 10, 2023 21:02 |