Hacker News Reader

over 55 can afford to do jobs like cashier because they likely don't have to rent (in most cases)

Anecdotally, I know an astounding number of people over 55 that still hold a mortgage. Hell, I've known people who retired with a mortgage.

So I'm guessing that in many cases they're a cashier because if they don't work they'll lose the house.

View on HN

<<< So I'm guessing that in many cases they're a cashier because if they don't work they'll lose the house.

Heck no! Stop working, start dying.

> So I'm guessing that in many cases they're a cashier because if they don't work they'll lose the house.

The thing to do here is to sell the house and move to a lower COL area, like all the HN threads that mention SF housing advise.

You and I know that to be the wiser course of action, but tell that to the lady who lived in the house for 30 years and raised her family there. Maybe a low wage job is the more appealing option to that person. But that all assumes rational actors to begin with.

Or for that matter, tell that to the person who already lives in Bumphuck, IN. My wife has high school friends in situations like that. There is no cheaper place to live, but that mortgage still needs to be paid.

Reply on news.ycombinator.com