I just took a couple Ubers. They were driven by retirees as a way to make a little extra cash and get out of the house. Both of them said they would have to quit driving and get another “real” job again if the market continued to tank. This shit rolls downhill…gonna create a job crunch again. People not leaving jobs, no jobs for people entering the marketplace, and companies are going to start crushing labor’s wages and benefits again.
Oh no, are the Boomers finally collectively suffering the consequences of their own collective actions?
What a shame.
Anyway, welcome to the ‘you can never retire or afford a house’ club along with all your children who’ve been begging you for the past 20 years to stop voting for policies and politicians who made this current situation inevitable.
“The leopards ate my face”
Only if they voted for Trump. Many didn’t. This election saw a lot more young people, especially men, move to the Republicans. In fact if you want to blame a specific demographic then blame men.
I dont want to blame a specific demographic because that would be a stupid thing to do
I think the blame rest solely on the 78 million people or so that showed up to vote for Donald Trump. And maybe the 40 million or so people that didn’t show up to vote at all.
Yet even more GenZ men just didn’t vote because they hated both options
Don’t let them fool u by saying that this is just a correction. A correction needs a catalyst. The catalyst here is the tarriff. Trump created this mess. Rise up. Fight.
You keep saying retirees when I think you mean future walmart door greeters.
My fucking parents are going to end up Wal-Mart greeters and they will not admit, even after everything, that they fucked up voting for Trump.
It’s obviously Biden’s and Obama’s fault, they made the stocks go so high in the first place! Not only does that mean they could buy fewer, but it also means they fall more!
oh that reminds me, our local old lady Walmart greeter passed away 😔
R.I.P. Ms Wendy
Well, if you voted for these dumbasses and are now pikachu over how idiotic they actually are…hard to feel sorry for you.
BTW, if you say “I didn’t vote for that”…YES YOU DID. It’s not like donvict was quiet about his love for tariffs.
I mean, I know quite a few retirees who actively voted for his opponent. So I wouldn’t feel right saying that THEY voted for it, no? However, around my area, they definitely are a minority in their age group, so I think statistically speaking you are probably going to be right most of the time.
Oh, of course. I don’t think anyone DESERVES to live in destitution - and this is probably where progressives like me get made fun of, but it’s just how I was raised - even if they voted for donvict.
My lizard brain immediately wants to condemn people that were told not to vote against their own interest, but did anyway because of their hate of wokeness and DEI or whatever the hell. However, though I do rant here and elsewhere, I ultimately have compassion for people, even if it’s from their own actions…
As for those that voted against donvict, of course they don’t deserve it, though I know it’s now quite fashionable to dunk on “boomers” as if they are some monolithic block and that means every single one of them, to a person has caused the Republicans to get worse and worse. Personally, I believe this thinking is goaded on by elites, because it only divides us further…in addition to racism, xenophobia, transphobia, if you can whip up the various age groups and pit them against one another, you can sit back and count your money and be comforted in the notion that few people will cop to the reality…
Yeah, same here. Well said, I agree with you
I agree that we shouldn’t let the oligarchs divide us, and that there are boomers that haven’t been voting towards oligarchy for the past 60 years. But, at the same time, I have a hard time giving any boomers a pass because I think they didn’t fight hard enough. The vast majority of them stuck their heads in the sand and stayed there for most of their relatively comfortable lives. They let their government slide further and further towards oligarchy and didn’t talk about it because talking politics was considered uncouth… Or because they’re religious and “this earth isn’t our eternal home anyways”, or some other hand-wavy bullshit. It’s very hard for me to not feel betrayed by their collective ignorance and ineptitude.
I guess we’ll see if any other generation is different than they are/were. I somehow doubt it. I don’t see Gen X or Gen Y doing all that much. Too early to tell for Gen Z and alpha, I think…I think it’s human nature.
The boomers that I knew growing up mostly lived hand to mouth. My parents were boomers and I don’t really remember them being all that comfortable. They lived a very meager existence, lived extremely frugally (I think it was generational trauma in my own family coming from the Great Depression and my grandparents on both sides) and saved as much as possible. They took almost no vacations and they were some of the first ecominded people. They were leftists (of the older type), not so much the hippie type, and most of their friends were, too. I sure as hell know they wanted nothing to do with the Republicans and the ones that are still alive despise donvict.
So, I think it varies. People born in a certain age group are definitely not a monolith. Not every boomer went to Woodstock and then later did a heel-turn and went all-in on the Reaganites and became a Wall street trader yuppie…as much as that is the common stereotype.
Yea my boomer mom was a teacher most of her life and barely made enough to raise 2 kids. that’s usually who I think of when people are talking shit about Rich boomers hoarding wealth 😂
That is how my brain works a well when it comes to Americans. I know that they aren’t all retarded, but I have a hard time dealing with the country and its politics and just how fucking brainwashed the population is.
I also know that if I had been american, I would have voted for Harris despite haaaaating woke shit. To me those are two very separate things. Woke shit is a social trend where one can argue for and against aspects of it and I expected it to find its middle ground with time once the most obnoxious people and companies got over themselves.
But! Ain’t no fucking way I would ever have voted republican as their politics, no matter how much they have catered to my hateboner for woke bs, is fundamentally against pretty much all of my values. Even the democrats are too right wing for me.
I hate America for how it treats its population. I hate that there isn’t free education and healthcare (to the “noThinG iS fREe” crowd = kindly shut up and go jangle your keys in the corner while the adults are talking) and I cannot fathom the work culture over there. To me it is borderline slavery.
To me those issues outweighs my annoyances with Hollywood’s stubborn decision to pump out cringe woke propaganda and call it movies for ten-ish years. I am legit embarrassed for all the dumbasses who voted for trump because of woke entertainment. There is a level of stupidity there that I can’t even begin to unpack.
The fact that you rant about ‘woke’ Hollywood stuff speaks VOLUMES about you and your character.
yo go read the comments under the new Snow White movie and the reviews and tell me that’s not Trump voters. You tell me that this man is wrong and that these people weren’t so upset about a couple of movies that they voted to destroy the lives of 8 billion people.
go ask any Republican why they voted Trump and they will say something about trans people something about woke something about Covid something about good for the stock market
Then you clearly didn’t pay attention to what I wrote, but oh well, it’s also just one comment and not an indepth essay about why I think and feel this or that way about something. It’s not like the world and the people in it has nuance, so enjoy that black and white thinking of yours. I’m sure you will get far in life with that.
I did read what you wrote. That’s why I made the comment. If you lack the self awareness to understand what you wrote that’s on you.
No you’re just assuming a bunch of things because I used the word woke in a negative connotation. You didn’t ask for clarifications or anything, you just jumped straight to insults and assumptions instead of being inquisitive as I would have expected people were on this platform. You can scroll down in the thread and see a more indepth explanation of how I think about the subject where I replied to someone who was interested in a discussion instead of knee-jerk reactions like yours.
The irony about the qons that voted against Kamala because “woke”… I mean, donvict and his demons may go after Hollywood, etc…but the thing is, neither the Democrats nor Kamala were or are responsible for a lot of the culture stuff - meaning Hollywood can crank out “woke” trash that makes almost everyone’s eyes roll as long as they can economically sustain it [1], regardless of who is in office. I guess some of the qons really do want donvict to go full Putin/Hitler and make every aspect of life, including movies, bow to his stupid and backwards will.
Imagine if Hollywood has their arm twisted by the magoffs into just cranking out snow-white super xtian Hallmark movie type of dreck for years…gag. Seriously, who the fuck is going to want to watch any of that beyond just a very narrow and stupid demographic?
I honestly don’t understand what upsets a type of person so very much about godawful cultural content to the point that it changes their vote in the political sphere. Lots of magoffs got very GRRRR mad about the latest Doctor Who, but isn’t that the BBC? What the hell would they expect donvict to do, anyway? Ban it somehow? Invade the UK and make them stop? Same for Disney? Who was making them watch anything from Disney? Don’t these people have choices in what they choose to stream? The movies they pay for? I get it - quite a bit of it is unbelievably terrible, but…I don’t remember anyone making me watch anything. The people think something like The Acolyte “ruined their childhood” and now have the knives out for wokeness and Disney, but I have a newsflash - Episode 1 was complete shit and didn’t need “wokeness” to make it so.
These are the same people that cried for decades that they are “made fun of”. Sure, by some content. But also, lots of content completely caters to flyover country/salt of the Earth narratives and always has.
[1] I really don’t understand what the business model is. It looks like Disney especially seems to want to set fire to huge piles of cash? And for what purpose? It almost seems to be creating more reactionaries. And people that they think they are catering to? I don’t know how much they are bound to be customers of things like Star Wars anyway? The term “woke” now is so loaded, unfortunately, but there is miles of distance between having representation and not being nasty to certain marginalized groups, etc., vs hammering in extremely stilted agendas, doing race/gender swapping almost to intentionally alienate the fan base and so on…it’s so cringe that I often wonder if it’s being done in service of oligarchs’ interest in dividing the nation even further, just like corporations doing their silly rainbow/woke-washing stuff.
It almost seems to be creating more reactionaries.
It’s interesting how all of Disney’s “woke” is in those shitty “live action” remakes (+ Star Wars). The live action remakes I don’t think are intended to make money or be good, they seem to be more ways of trying to keep their IPs in perpetuity.
They wouldn’t make Elsa a lesbian, but shoving a girl kiss into Buzz Lightyear was probably the only bit of actual marketing that movie had. Instead of discussions over how tired the remake trope is, chuds froth at the mouth over whatever was going on in Snow White.
It doesn’t seem to be designed to make anyone happy - I’d love to see a queer Disney character, or even just the level of representation there was in Paranorman (character is gay, and it’s just mentioned as an off hand joke at the end). I go back and think about some of the S & P comments about Gravity Falls - how Disney absolutely refused to allow the fact that two gay characters were clearly gay and in a relationship with each other be made outright canon.
Sometimes it feels like sabotage. They don’t seem to want queer stories to succeed. They’ll use them for their tax write offs.
Indeed. It is utterly bizarre how some people turned to Trump because their entertainment got cringe. Personally, I just decided to not watch those movies.
It’s not like I hate diversity 100% and whenever it pops up in media. There is a very clear difference between when companies like Disney do it and when say an indie director does it. Moonlight is one of my favourite movies and that film is about a gay black man. But it is genuinely dealing with a deeply important subject and handles the material gracefully. And I just love Chirone so much.
That’s one of many amazing ways to handle diversity in media and hell, I do it myself as a writer. I write about diverse characters because I want to see them represented but I also want to tell stories where they aren’t just defined by their skin or their sex or sexuality. They are just people, you know. And that is where I hoped diversity would eventually end up after the woke wave had passed, but now we are here.
And like you said, a reactionary anti-woke wave of hallmark type movies with no diversity at all and only conservative values would grate on me just as much because just like woke, that would just be propaganda and not storytelling.
I just want god stories, man. With awesome characters being challenged and overcoming or failing and being consumed. But eh. Hollywood isn’t doing their job and currently it doesn’t matter because America has way bigger problems than some cringe movies no one really likes if they are honest with themselves.
But yeah… it’s one thing to dislike a social trend and to vote a tyrant into power who is forcing- not only Americans, but the rest of the world to eliminate everything diversity from their companies if they want to trade with America. Like what the fuck? Where will that train end btw? Because no one can agree what is and isn’t woke anymore and I’m legit sitting over here like: sooooo… if a company does a campaign for breast cancer, would that fall under diversity and DEI or? How about if they have hired handicapped people and people with a darker skintone? Are they supposed to fire them? Like where the fuck is the line?
Urgh.
There’s a lot of baggage with the term “woke” as it’s levelled here. In North America presently it is the brush that is used to tar anyone who is not white, “conventionally attractive”, skinny, cis, heterosexual or a narrow range of subtypes pandering to those audiences as a means to blanket criticize and apply pressure to remove them unilaterally from public. It’s such a politicized term used for years by an outright supremacist movement and levied as a dogwhistle in outright genocidal political spheres that it has no nuance. If you want to convey nuance it doesn’t work as a term.
Your views do not appear to strictly align with the movements who use “Woke Propaganda Cringe” as a tool of linguistically signaling this cluster of held beliefs in a space. It’s a bit like if you walked into a space where gangs are active and started throwing up specific gang signs. Where you come from those signs might have nuance and usage that is lighthearted and non serious or specific but in spaces where those gangs are active and enacting violence those signs are strict affiliation markers with implied buy in to violence and little allowance for misinterpretation.
If your intention is to not be deliberately incendiary towards the targets of the American far right when dealing with the people in North America it’s probably best to drop the usage of “woke”.
They did say when they were exporting all the jobs to China that the stock market will do amazingly well, while skeptics were more concerned about jobs and unions. It really blurs the line between the left and the right when the left is complaining about a shrinking 401k while applauding the rich like Musk getting poorer.
Where is the left complaining about shrinking 401k accounts? Do you mean Democrats? They’re a center-right party.
But it’s so worth it when you remember that he ended all that DEI stuff and stopped those two trans kids from playing women’s sports.
Over two trillion has been wiped out. That’s one trillion dollars per trans kid.
Is America great again yet?
Since inauguration it’s $11 trillion.
Okay, now do it in Count von Count’s voice.
Toooo manie trillyon. Ha ha ha
For a trillion dollars I’ll stop playing any sport you want.
Don’t be a sucker. I’ll continue not playing any sports for $999B
That is really what it came down to for so very many of his base. They believe “go woke go broke” is a thing?
🤣 🤣
Retirees ‘idiots’ as they keep savings they need to live in volatile asset classes such as stocks.
There was a time when people were dependent on defined benefit pensions. Then the U.S. pivoted to defined contribution plans, 401Ks. This of course put retirees at risk of a situation like the present one.
Could they have diversified their portfolio better? Sure. Should you blame them for Trump being an evil asshole? Only if you are one, too. The system itself was redesigned to fuck over the elderly, my friend. Then it did.
My parents are boomers. Like a lot of boomers they have a pension. In addition, they’re still getting social security checks. A pension for me isn’t even a dream and I’ll be lucky if social security is even around in twenty years.
So, pardon me if I’m a little flippant about some of the “screw you, I got mine” generation eating a bit of shit because they were attempting to draw income from volatile assets that you’re supposed to be in when you are decades younger after voting overwhelmingly for a clown that said for months he’d blow up the market and then did as he promised.
It’ll eventually come back around to screw me in the end anyway in the form of one disaster or another because I’m a millennial: born at exactly the right time to live through every financial, political, and constitutional crisis possible as well as to finance a Domino’s pizza.
Seriously I was scanning the comments to find anyone mentioning this. It’s insane to leave your funds in stocks if you’re retired or close to retirement. That should have been shifted to bonds or other stable investments years ago.
What’s insane is expecting every individual to be person to know enough about financial asset classes to know how to balance risks in their portfolio, when we used to have pension plans with subject-matter experts whose job it was to do that. Getting rid of them was like throwing everybody overboard from the cruise ship (pension), but giving them a life jacket (401k).
I mean, it makes sense when you know that the decision was made by the sharks.
Boomers lived their entire lives failing upwards. Why wouldn’t they expect things to just go their way?
Lol, I rolled my 401k to an IRA as part of a actively managed fidelity fund right after Trump got inaugurated. If I hadn’t I would be down about 150k, instead I’m up 35k already, and that was after cashing out just below all time high.
That said,I decided to ride it out in my fuck around E-Trade account. I went from being up 25k on jan 1st to being down 9k today.
Trump’s ‘plan’ is to crash the market so that people with large reserves of cash can buy at all time low. Then he’ll back pedal his bullshit and things will go up, so they’ll sell. It’s not going to go back up to what it was before his watch, at least not with him around. People who don’t have the cash reserves/appetite to buy in a recession will get fucked, and that’s most people in the country
Yeah but you can’t just say “ok the plan worked, tariffs are off now” and expect the rest of the world to be chill about that. It’s too late to backpedal.
If the rest of the world turns on the US then that’s also a win because Krasnov is a Russian asset and part of why Russia and China worked so hard to get him elected was to destabilize the US and remove them as the world leader so China can step in
I really don’t think this is part of some grander plan. I think he really thinks blanket tariffs are a good idea.
Tariff man is an idiot.
Got what they voted for, didn’t like it? I’m shocked.
You think all the people with 401(k)s voted for Trump? I’m curious as to what leads you to that conclusion?
The elderly vote mostly conservative. This is a known fact.
From what I’ve read, 65+ was about evenly split Harris-Trump in 2024. 40-64 broke decidedly Trump. If the markets (and 401ks) manage to bounce back by the time the 40-64 cohort largely enters retirement, I fully expect they will have learned absolutely nothing.
I’m not convinced we will have the market in 20 years.
It’s almost like this is exactly what we warned them would happen.
Clearly they just need to take their own advice:
-
No more avocado toast
-
Stop buying so much coffee out. Make it at home.
-
???
-
Profit.
Simple as.
Maybe they could have remembered to not trust everything they see on the internet for the past decade.
Oh! And learn some basic financial literacy!
Can’t just rely on someone else to make all your decisions for you =D
Time to start by brushing up on some basic math, its not like everyone will always have a calculator in their pocket.
Also they could just get an easy job at McDonald’s???
They just arent qualified for that job.
Boot straps. Don’t forget about the boot straps.
They could eat the bootstraps.
Don’t forget about the cell phone plan, Internet access, Netflix or large screen TVs. I remember reading about “boomer math”, if I remember correctly - the skewed notion about what really costs what.
Used to be a color TV was a luxury, and that probably made a real imprint on some. Same for coffee - until Starbucks really cracked that market, the idea of paying more than fifty cents or whatever for a cup of coffee was considered ludicrous at one time. And things like cell phones, Netflix and Internet were not really things in their formative years…
I just saw the Costco flyer for this week and they had a 75" LG TV on sale for like $599. I couldn’t believe how cheap TVs are now.
Exactly. I think once they started monetizing the data from “smart” TVs, they really, really fell through the floor. And yeah, compare that to memories of the 60s or 70s when a mere color TV of any size was a big deal and definitely a luxury item for the rich and adjust for inflation…in 1965, say, $599 would be $59.13…so if you imprinted on that in your twenties, I could see how that might be hard to understand the delta…
See the prices for a 23"-25" color TV in 1965 - $1800-$2000. That’d be $18,233 - $20,259 in today’s dollars…so if someone is doing “boomer math” when chastising people for buying huge TVs, and claiming that’s the reason they cannot afford a house/rent, I can sort of get it, but it’s also just a one-time cost…and they really need to update their thinking.
Trumps plan is to fix obesity by making everyone too poor to eat… Or something
-
“I don’t want to have to worry that everyone is constantly changing my financial reality,” said Alison Carey, 64, of Oregon, a freelancer in the theater industry. “Let the economy do its machinations, but don’t put me in the gears.”
Sorry you had to learn it this way, Alison, but “the economy” has always been grinding people up in its gears. The main difference is, that it is now reaching you, personally.
“Swarms of leopards unleashed upon zoo-goers who voted for Leopard Looser to run the zoo, millions of zoo-goers stunned, in disbelief, mauled.”
I love how people seem to think that “the economy” or “politics” is the same type of thing as sports— a recreational activity with no actual bearing on anything that other people pay attention to as a diversion. It explains so much about how we ended up here.
The main difference is, that it is now reaching you, personally.
Ah, republicans and not giving a shit until it hurts them, name a more iconic duo.
I gotta assume a theater freelancer in Oregon probably didn’t vote for him
I was thinking the same, but…people surprise you. I know some lesbians that moved out of one (red) state into Colorado because of how they didn’t feel quite safe there…but then voted for donvict, because “Republican do conomy good” type of reasons, from what I can discern.
Holy fuck.
Republican do conomy good
I cannot understand how this lie persists to this day. Republicans have trashed the economy in every single administration they had for at least the last half century. I’m an adult with children and my lifetime has not seen a Republican that was good for the economy…
Yup. The leopards are out and about eating every face they can find.
The stupid thing about all this is that everything that is happening right now was on full display for the entirety of 2024 up to the election. They said they would crash the economy, round up their list of “undesirables,” destroy much of the inner workings of the federal government, etc, and half this country cheered it on, only to be [shocked Pikachu] when they actually followed through. Like, welcome to reality, actions have consequences. Don’t get me wrong, I am no fan of the Democrats and how they operate, and that we are in need of serious overhaul in how we operate as a country, but this is about the most wrong way to go about it possible. A Harris win would’ve kept the status quo, possibly in perpetuity, but I’d rather that at this juncture than whatever the fuck is going on right now.
Yes, what is happening right now is very dangerous. If things get bad enough economically speaking, the demagogues will point the angriest set of magoffs at the other half of the country and grant them the “right” to do their worst.
People keep acting like things under Biden were awful and that the Democrats/Kamala/Biden were just being monsters to say the economy was actually tracking on a very good course. Sure, many people I’m sure were miserable as economic inequality has not been getting better. But again - the adults in the room know full fucking well things could get much, much worse, especially in the hands of the clueless and the party without any empathy whatsoever.
However, I don’t think some have any idea just how much worse it could get. Many people are too young or have forgotten how miserable the 70s were, apparently. And people seem to not have learned about violence in the 60s.
And if people think they were mad about bullshit made-up nonsense like “Bidenflation”, just fucking wait and see how angry they get over the kind of pain that donvict seems determined to inflict on everyone…if enough people are starving and are told by the likes of Faux that it’s the fault of “DEI” or the trans or the liberals or Biden…enough will believe that to make things get very dangerous very quickly.
Oregon is more than the west coast. It’s only recently that the state isn’t literally, legally, run by the KKK.
Theater freelancer is also doing a lot of heavy lifting there, tbf
“I don’t want to have to worry that everyone is constantly changing my financial reality,”
Welcome to my entire adult life, Alison
a freelancer in the theater industry.
I wonder what that means. I’m not in the creative industry, but that sounds like that could be barely-subsistence type of money or something in the stratosphere… ?
“Victor Fettes, 54, of Georgia, who retired last week”
Fucking hell, you guys can retire at FIFTY FOUR?
It think it’s like suing someone. You can sue whomever you want for any reason but that doesn’t mean it’s going to be successful. If this guy is retired yet keeps all his retirement money in volatile stocks, he’s not going to be successful in retirement.
you guys can retire at FIFTY FOUR?
My cousin retired 2 years ago at 48.
Stock market whiz? Nah: union.
He started working at a local mechanic in high-school, as engines were interesting; just sweeping up. He asked questions. He applied for his apprenticeship and the school district moved him to the ‘trade’ oriented school where the rough kids seemed to end up completely randomly when catchment overlapped. Did metal shop in his final year and found a funding programme to get through his first courses. Displayed a natural talent for adequate work and straightforward math that was apparently everything people needed when paired with his indomitable spirit and happier-than-sadder mood profile. In short: he hustled, he did his fucking work and he was a net-positive to work with.
Now we fast-forward. The union was good to him, and he moved into jobs where his 5’8 size, nimble fingers and “yeah, I’ll crawl in the slushy muck” attitude got him as many opportunities as his quick wit got him out of shitty politics. He went to a place we call Fort McMoney and was able to exercise his options when bosses were dinks; and he did so very quickly and openly, explaining what’s happening on the way out – “We agreed on this vacation time, but you broke that agreement. I’m still getting on the plane tonight. I got a job with the guy down the road, so that’s why I’m clearing out. I’m sorry it went this way, but we both get to learn from this. Good luck, and have a great weekend.”
At 48 he’d done his 25-plus years at one career and many shops, and the half-pay-for-life union retirement kicked in.
He now rides his donorcycle with his adorable wife or they take the little car on trips to climb mountains or see a lake or something. He got a shitty place in a nice place, made some friends and some of them knew how to fix up his place and needed his own skills, and his easygoing attitude provided the glue to get everything fixed everywhere, and he’s kinda set.
He touches grass and trees a lot, and the pics he posts on his cell phone show some great locations and his beaming face in the dawn light. He’s fucking winning so hard and I’m half jealous and intensely proud of him because he is actually an absolute sweetie and a great and caring guy.
Guys, build better unions or build better labour code. Focus on getting into a work arrangement with a group that pretends to like you better than at-will dot-com fat-cat “we’re a family” pizza-party dickheads think they’re pretending.
Holy shit I just felt like I lived his life vicariously with that comment.
I’m really happy for this guy and just absolutely despairing over how weak labor generally is. People don’t even imagine a better world, it feels like.
He was senior director of risk management, so I assume more than 100k+ salary a year.
I’m surprised he kept his job so long, seeing how poorly he managed his own risks…
This comment here is excellent - I love it! Thank you for sharing!
ZING!
Don’t worry, he won’t stop working. He’ll spend the next 15 years as a ‘consultant’ in his old position and make 100 times more than he did as an employee.
It probably means that he retired from a job and receives that retirement pay, but he still won’t qualify for social security or other benefits until he hits whatever age they’ve raised it to. Some companies let you retire after 20 years, some even less.
receives that retirement pay
Lol actual pensions are rare in the US these days. Most companies/institutions just do a 401k - the decline of which is exactly what will kill your early retirement plans.
Very very few can. Or do. But yes.
He can’t access that 401k without some pretty significant restrictions or penalties, though.