HMONG RETIREMENT... talk to a few OG that first settle here in the states

[hmgROCK]

i hang out and eat lots of hmong party
and get to talk with them OG

they never put any money into the 401k
think it is a scam
have like $5k-10k save up in the bank

these first hmong OG settler are reaching this retirement age
with almost nothing to show for
pretty scary, man
i hope they have good loving kids to take care of them

social security is probably all they have



 

[Hung_Low]

i hang out and eat lots of hmong party
and get to talk with them OG

they never put any money into the 401k
think it is a scam
have like $5k-10k save up in the bank

these first hmong OG settler are reaching this retirement age
with almost nothing to show for
pretty scary, man
i hope they have good loving kids to take care of them

social security is probably all they have



 

Not even social secuity... majority of them are on SSI (these are the ones that shop for teens from the motherland.)

[hmgROCK]

Not even social secuity... majority of them are on SSI (these are the ones that shop for teens from the motherland.)

lol yeah...

don't really have anything save up
the first settler HMONG OG got it hard
so i don't blame them

but god damn... <less than $10,000 in the bank is depressing as hell

 

[VillainousHero]

There are those who have nothing, and there are those who have a secret stash of cash.

It's just that a majority of them seem to want to spend it all before their time comes. 

[theking]

"<less than $10,000 in the bank is depressing as hell"

But that's still more than the idiot that just leech off the elderly folks that own the basement he lives in...

[hmgROCK]

There are those who have nothing, and there are those who have a secret stash of cash.

It's just that a majority of them seem to want to spend it all before their time comes.

That secret stash under the mattress is <$10,000
It was hard for first settler and gen 1
We have to give them a pass

 

<<<< that being said, folks like me get no pass

Imma bust
 

[VillainousHero]

Making a life and living in the 70's and 80's was still much more easier than it is in the 90's and 2k's onward.

Sure it seems like the wealth stature of people is better.  However the actual buying power of people and actual $ value is so much weaker nowadays.  Because we are all suckered into a debt society and our $ value is tied into debt. 

Back then it was savings $ that was the buying power.  Will probably never see a 10% COD ever again.

[hmgROCK]

Back then it was savings $ that was the buying power.  Will probably never see a 10% COD ever again.

it's not COD

but

did you check out my i series bond thread over at the investment forum??
i was getting 8-9%+ last  year
it's almost 7% right now

 

[hmgROCK]

Making a life and living in the 70's and 80's was still much more easier than it is in the 90's and 2k's onward.

Sure it seems like the wealth stature of people is better.  However the actual buying power of people and actual $ value is so much weaker nowadays.  Because we are all suckered into a debt society and our $ value is tied into debt. 

i'm just kinda of surprise the first hmong OG settler got nothing to show for
these people are not lazy and been companying for 30+years