Pushing a piggy bank up a mountain.

“Retirement Is a Myth,” According to a Nursing Home Employee

Retirement shouldn’t be a time to put things on hold; no one lives forever. Yet far too many Americans might have to put retiring itself on hold, says an employee based on their experience working at an “old folk’s home.”

Note: Some quotes in this piece have been lightly edited for grammar.

The Kids Don’t Stand a Chance

Man reading a book.
Photo Credit: Depositphotos.

“Bad news,” the nursing facility employee said, sparking a conversation about retirement being a myth. “If you aren’t currently retired or already well set up to retire, you aren’t going to retire unless we have a MASSIVE wealth redistribution.” In the eyes of this nursing facility employee, retirement is bleak for, well, everyone. 

Wake Up and Smell the Coffee 

Spilled cup of coffee.
Photo Credit: Depositphotos.

Social Security and Medicare aren’t enough to cover bills or medications. “Homeless, clueless, and broke” is how the employee describes retirees at their facility.

Reimagining Retirement

Man holding light bulbs to head.
Photo Credit: Eugenio Marongiu via stock.adobe.com.

“Retirement is having someone that can generate revenue to support you when you can’t anymore, or having a light job you can continue doing until you die,” says the nursing home employee. They advise people to “plan accordingly.” 

Sounds About Right 

Old man with thumbs up.
Photo Credit: Depositphotos.

Overly pessimistic? Maybe not. Many commenters agree with the original poster. “Yup. I work in home health. Medicare/SS is absolutely not enough. So many of our patients are an inch from homelessness at 80+ years old.”

What’s the Point 

Woman holding a piggy bank.
Photo Credit: Depositphotos.

Some folks have given up on saving for retirement altogether. “There’s little point in throwing money into a retirement fund: either the world will change for the better and personal retirement will be replaced with a full social safety net for those deemed too elderly to work, or society will worsen/collapse, in which case the money I put away is pointless.”

No Laughing Matter

Scared woman.
Photo Credit: Depositphotos.

Even with a steady career, it seems like there aren’t enough years in a lifetime to save up. “I make a decent salary now, but it’s nowhere near enough to save for retirement, and I’m already in my mid-30s. Retirement is a joke, and I’m really scared for my future.”

God Bless America

Woman holding an American flag.
Photo Credit: Depositphotos.

With current affairs, some find it difficult to be patriotic. “Land of the Free…home of the GoFundMe for Medical Bills and Bankrupt your Family for just a few extra years on this miserable rock. But hey, look at our military!”

Keep Your Furry Friends Close

Grey cat.
Photo Credit: Depositphotos.

“Dude…I’d better go hug my cats extra tight tonight,” says one commenter. That’s one way to cope with things. 

Same Old Song and Dance

Old man with headphones.
Photo Credit: Depositphotos.

Another employee faces the same harrowing questions from retirees. “I work in retirement finance, and I see similar sad stories all the time. They come to me asking, ‘How can I retire? How will I live?’ I have no answer for them or myself, and I now fear my own future.”

All That Glitters

Old man standing in front of a plane.
Photo Credit: Carlosyudica via Depositphotos.

Maybe Rose, Sophia, Dorothy, and Blanche had affordable retirement all figured out. “I knew retirement wasn’t an option in my 20s, back in the 80s. I remember that episode of The Golden Girls when Rose had to get a job because she no longer had a pension. No job I ever got had a pension.”

Facing the Music

Doctor holding globe and a sethescope.
Photo Credit: Depositphotos.

Working in therapy doesn’t exempt you from a rocky retirement. “I’m a mental health therapist and 55. Early Gen X. I’m seeing the same thing – both personally and professionally. I know that I will never retire.” 

False Sense of Security 

A sad man.
Photo Credit: Depositphotos.

“I feel so bad for the old folks who worked their whole lives, thought they were safe, and then had the rug pulled out from under them,” reflects one commenter. “What can you do when you can’t work anymore, and your kids are too poor to afford any care for you? Or even too poor to have a house to let you live there?”

Getting Schooled 

School supplies.
Photo Credit: Depositphotos.

According to this alum, the lack of retirement benefits has been a long time coming. “I’m just assuming there will be nothing, and it will never be possible to retire. They told us not to expect social security in my business classes in college (graduated 2012).

Hope Isn’t All Lost 

Girl holding an American flag.
Photo Credit: Depositphotos.

A little bit of positivity is refreshing. One commenter believes the U.S. can still turn the tides. “As long as society doesn’t completely collapse, we can fix it for our kids once they’re gone. Those programs [Medicare and Medicaid] aren’t irredeemably broken or anything. They just need to be funded by the government, which is a simple vote from Congress and a John Hancock from the White House.”

For the Kardashians

Older women looking at phone.
Photo Credit: Depositphotos.

Life is short and miserable unless you’re rich and famous, according to this commenter. “Boomers are going to live past 80—no one else. And, of course, climate change will kill us all. America is a lovely failed experiment unless you’re a Kardashian.”

Moving Backwards 

An arrow pointing at shoes.
Photo Credit: Depositphotos.

Not even those who have already retired are out of the woods. “I wouldn’t be shocked if my dad had to unretire. My mom still works, but it’s not even really minimum wage. Now that he’s officially retired, they continue to live off almost nothing, but I would be shocked if they have enough to coast for another 20 years.”

Ending on a High Note

Friends at a beach.
Photo Credit: Depositphotos.

If you’re filled with dread and fear of the future now, take this dose of optimism. “Make friends. Connect with others. Especially younger people. We never know what may happen. Things might get better in some way. Maybe not the way it is now…but don’t despair entirely. Play the game on multiple levels.”

Source: Reddit.

Younger Baby Boomers Are Poorer Than Their Older Boomer Peers

Woman holding piggy bank.
Photo Credit: Krakenimages.com via stock.adobe.com.

Are you a younger baby boomer who feels financially behind where your older boomer peers were at your age? Statistically, that’s true. Here’s why.

Why Younger Baby Boomers Are Poorer Than Their Older Boomer Peers

Most to Least Expensive States to Retire

A woman holding money.
Photo Credit: Depositphotos.

Are you looking to move state borders during retirement? From Medicare contributions to taxes and housing costs, these are the best (and worst) states to retire from a financial perspective.

Most to Least Expensive States to Retire Ranked From 1 to 50

Do People Regret Retiring Early?

Man weighing options.
Photo Credit: deagreez via stock.adobe.com.

People who follow the FIRE (financial independence, retire early) path are seemingly lucky to quit the workforce early. But do they end up regretting it?

Do People Regret Retiring Early? 15 FIRE Retirees Weigh the Pros and Cons

14 Retirees Spill the Beans on Their Worst Retiring Regrets

Man with his hand to his head.
Photo Credit: Depositphotos.

Many people long for a career re-do. But wanting a full or partial retirement re-do is an unspoken feeling some retirees face. This is what current retirees want people in the workforce to know before putting in their final two weeks’ notice.

“My Biggest Retirement Regret” 14 Retirees Spill the Beans on Their Worst Retiring Regrets

50 Best Cities for Retirement

Elderly woman making the peace sign.
Photo Credit: Depositphotos.

Your Golden Years should be your best years. But according to research by U.S. News & World Report, that may not be the case depending on where you choose to retire.

50 Best Cities to Retire in America That Won’t Destroy Your Mood and 401(k)

About The Author

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top