Stocks barely budge on Wall Street; S&P 500 just shy of high

[Marthe48]

7. Even so

I can't tell you how many of my husband's co-workers either died before they started collecting their pensions, or like my husband, collected for a few years and died. Just went to a graveside service 2 weeks ago for one of my husband's friends.

My husband set up his retirement and got less than the full amount, so that if he died ahead of me, I would continue getting half of what he received. The aluminum plant he worked at closed over 10 years ago, so I doubt there's a chance for the younger employees to see their share of that retirement plan.

OTOH, the 1% see immediate benefit from a healthy stock market, in the here and now. So that's why my sour grapes. Workers who drive the success of the companies that sell the stocks don't see much payback when they need it in the present. So while the 1% is out playing golf, workers are scared they will lose what they have, or hope they have a pension in the future.