Personal finance: Pilot pay – why you may want a licensed job
Experienced airline pilots earn $400k to $500k/year, thanks to licensing, unionization and anti-competition laws passed by Congress.
Demographics: “70% of people turning 65 will need long term care” – is 100% misleading
Most long-term care for the elderly is provided at home, by family members. The 70% figure used by insurance salespeople is bogus.
“Off grid” living
Up to 50% of those who move "off grid" give it up within 3-5 years. But we don't hear about those stories.
Personal finance: The Myth of IRA retirement accounts
The original IRA turned out to be a bit of scam for today's retiring seniors.
Economy: Today’s homes cannot be compared to 1950s-1970s homes
Another comparison of homes from 1970 to today. The differences are huge, making price comparisons useless.
Economy: “Home prices have quadrupled relative to income”
This finance influencer chart is bogus.
Personal finance: Klarna and personal finance
Is use of Buy Now, Pay Later a sign of stretched budgets? No. Almost all purchases are discretionary in nature, not necessities.
Gen Z: “Choosing the soft life”
Gen Z says "Boomers had it easy" but simultaneously says they reject the work and burnout culture of their parents. A bit of a contradiction.
An Analysis of X posts on Gen Z vs Social Security
The Gen Z vs Boomers Social Security posts on X make little sense. (1) Boomers should retire to make jobs available, (2) but that increases SS payouts, and (3) since…
Personal Finance: Spending priorities lean to “looking hot”
No one has any money but they have plenty to spend on looking hot, $2k+/year just on cosmetics.