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According to the Federal Reserve's latest Survey of Consumer Finances released last week, households headed by someone aged 75 or older had a median net worth of $504,900 in 2025, compared with just $33,000 for households headed by someone under 35.

reason.comSocial Security is running out of money. Benefits are rising 3.6% next year anyway.Congress has yet to address a looming funding shortfall that could leave the retirement program unable to pay 22 percent of scheduled benefits by 2032.

15/10/26, 6:03 pm0 reposts4 likes

Jacob Bogle

@jacobbogle.bsky.social

Considering that a basic home in many markets is $300k+ today... The same survey also found that homeownership is down 5% among respondents. This is a sign of inflation and a broken system, not mooching retirees who can't merely go out and get a new job to make up the shortfall

roarde

@roarde.bsky.social

Okay. Now do mode.