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Javier E

The Despair Death of the Middle-Aged American - The Atlantic - 0 views

  • Obviously, no one can be blamed for his own addiction or depression. But the causes of death this study highlights are the kinds of things—drinking, doping, suicide—that people who feel good about their lives don’t tend to do.So, what’s eating less-educated Boomers?
  • One persuasive explanation, and one the researchers put forth, is financial strain. Jobs in fields like manufacturing and construction, which were historically filled by people without college degrees, have been evaporating quickly over the past 15 years
  • Nearly half of Americans in their 40s and 50s don’t have enough money saved for retirement to live as they’re accustomed to, even if they work until they’re 65. All of this is crashing down on Boomers, who were raised on the promise of the American Dream.
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  • middle-aged people in other countries also faced dire financial straits, especially during the 2009 recession. Yet they’re not dying like American 50-somethings are. One difference is that in those countries, comfortable pensions for retirees are guarantee
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