by Cynthia Murray, Otherwords
I’ll be turning 67 soon. I’d love to be able to retire on my birthday. I’d celebrate by spending the afternoon at the mall with my daughter and then start planning little trips to visit relatives.
But even after 22 years of working for Walmart, our nation’s largest employer, I can’t afford to retire any time soon.
Walmart does offer a 401(k) with matching funds. But with a high-deductible health plan and at my wage of just $16.83 an hour, I haven’t been able to save much at all for what should be my “golden years.”
Lots of my fellow Walmart associates are in the same boat. I know this from talking to my co-workers — and because companies have to report how many employees have zero balances in their 401(k) plans. At Walmart, 46 percent have not one dime in their accounts.
The situation for my top boss, Walmart CEO Doug McMillon, could not be more different. Would you believe he has more than $169 million in his company retirement account?
Recent Posts
The Terrorists Are Running The U.S. Government
Take Action Now Trump seems like a random spasmodic imbecile, but what we are seeing is an extension of the ongoing, centuries-long shifting of power…
Elon Musk Decimated The Government And Saved Almost Nothing
Take Action Now Elon Musk’s cuts may have “saved” the public less than half a percent of the national debt, but they are already making Americans…
Will Corporate Media Call Out A Constitutional Crisis?
Take Action Now Corporate media is failing to rise to the moment and give an honest accounting of the damage being done to our Democracy.By Ari…
‘We Had To Fight’: Jamaal Bowman And Cori Bush Talk AIPAC
Take Action Now The two former members of Congress pull back the curtain on US politics to discuss lobbying, corruption, and more.By Team Zeteo,…