ilmscore | Will Retirement Even Exist For Millennials? | Asked & Answered

Predictions from this Video

Total: 7
Correct: 2
Incorrect: 1
Pending: 4
Unrated: 0
Prediction
Topic
Status
Predicted that there will be nothing to draw on from Social Security/retirement funds in 20-30 years.
"We are already uh heading toward a situation where there's not going to be basically anything to draw on by the time you're talking about by 20 to 30 years."
Social Security
Pending
Predicted that politicians will be forced to bail out Social Security to some extent.
"So politically speaking, I do have a strong feeling that it's going to be not possible for them to not bail social security out to some extent."
Social Security
Incorrect
Predicted that the listener's parents will not be able to work for more than a few years.
"They both still work, but I can't imagine that's going to last more than a few years."
Parental employment
Pending
Predicted that the listener will become financially responsible for their parents in a very short amount of time.
"but I'm very aware that their situation is going to make one or both of them my responsibility in a very short amount of time."
Financial responsibility for parents
Pending
Predicted that interest rates will continue to drop.
"as those interest rates keep dropping, your money is certainly not keeping pace with inflation"
Interest Rates
Correct
Predicted that the situation in Texas could become very serious in the next six months.
"because let's say like in some way that we can't necessarily predict, gets really real in Texas in the next 6 months."
Texas socio-political situation
Correct
Predicted that financial markets will be 'really scary' for the next four years.
"especially when markets are really scary, like I I think what's going to be the next four years, honestly."
Financial Markets
Pending