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The Cluttered Path
Welcome to "The Cluttered Path", a podcast with Stories About Life and the Human Experience. Our podcast is where entertainment and the search for meaning converge. Join us as we explore the human condition in search of personal growth and existential inquiry.
The Cluttered Path
#16 Retirement in America: Is it a Dream or a Nightmare?
Here's the shocking truth about Retirement in America:
- Many Americans hit retirement age scrambling for financial security
- 8.2 Million adults over the age of 65 are living BELOW the poverty line.
- Over 10 Million people over the age of 65 are still working, double the amount from 1985
This is reality, but it’s not all doom and gloom - there’s still hope, and the solution is simpler than you might expect.
In this episode, we start with the story of a retired couple who burned through their retirement savings, forcing the husband to go back to work at age 71. We then delve into the historical events that led up to our current state and the proposed solutions from Pundits & Politicians.
00:00 - Welcome
00:12 - Introduction
00:49 - Tom Croomer's Story
03:37 - Shocking Retirement Statistics
06:43 - How Did This Happen?
27:22 - How to Avoid Poverty in Retirement
48:28 - Closing Thoughts
Reference Material:
- 80 Years Old and Unable to Retire
- Scandinavian Socialism: The Truth of the Nordic Model
- Sweden's Experiment with Socialism
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