40k a year does not even cover cost of basic housing in high cost of living area... | Hacker News

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		nothercastle 9 months ago \| parent \| context \| favorite \| on: As Gen X Nears Retirement, Many Fear They Can't Af... 40k a year does not even cover cost of basic housing in high cost of living areas.

mixmastamyk 8 months ago [–]

People don't retire to such areas, and only would stay if they owned a home bought decades ago.

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