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Some baby boomers are burning through their retirement savings to pay for cancer treatments. Then they have to go back to work. (www.businessinsider.com)

submitted 1 month ago by return2ozma@lemmy.world to c/usa@lemmy.ml

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[–] JoMiran@lemmy.ml 13 points 1 month ago

Yet they scream and yell against universal healthcare and vote for their orange god emperor.

[–] GrumpyDuckling@sh.itjust.works 12 points 1 month ago

Hospitals are hyper focused on Cancer Care and surgery because those are the major money makers, especially since older people get free government healthcare. They're actively closing ob and mental health departments because those are not profitable

[–] jordanlund@lemmy.world 1 points 1 month ago

Boomers have retirement savings? 🤔

https://www.investopedia.com/articles/personal-finance/032216/are-we-baby-boomer-retirement-crisis.asp

"Baby Boomers have an estimated median retirement savings of $194,000 as of late 2023, according to the TransAmerica Center for Retirement Studies. The survey found that though 44% if (sic) Baby Boomers have more than $250,000 in retirement savings accounts, 26% had less than $50,000 in retirement savings accounts and 10% had nothing saved.2"