How are you planning for retirement at this point in life?

Almost got lock in on annuities about 3 years ago due to some self serving advice and ignorance on my part. After about a year got out from under that traps. Doing much better now.
Nothing wrong with single premium immediate annuities. Those are just like buying a pension basically. Lots of shady salesmen in the annuity industry trying to sell indexed annuities and other crap unfortunately.
 




 


 


 
Army veteran Ed Bambas, 88, reveals he works at supermarket after losing pension — internet rallies to raise over $1M

By Nicholas McEntyre
Dec. 3, 2025


Christmas came early this year for a man who well deserves it.

An 88-year-old Army veteran has gone viral after the heartbreaking revelation that he works five days a week at a local grocery store to help make ends meet, sparking a wave of generosity from kindhearted shoppers who rallied to raise well over a million dollars for his retirement.

Ed Bambas, a cashier at the Meijer store in Brighton, Michigan, lost his pension 13 years ago and despite his age is now forced to work 40 hours a week — a full-time schedule — because “he doesn’t have enough income.”

“I retired from General Motors in ’99. In 2012, they went bankrupt and they took my pension away from me,” Bambas told Australian influencer Samuel Weidenhofer, according to a video posted to Instagram

88-year-old-veteran-working-116631541.jpg

Meijer store cashier Ed Bambas fights back tears as he explains why he still works 40 hours a week at 88 years old.
 
Trump said he’s looking into an Australian-style retirement program for America. Here’s how it works

Australia’s primary retirement savings program — known as “superannuation” — might have caught the attention of Washington officials.

By John Towfighi
December 3, 2025


250211-donald-trump-oval-office-resolute-desk-ac-602p-b91b38.jpg

President Donald Trump in the Oval Office of the White House on November 21, 2025.
 
Army veteran Ed Bambas, 88, reveals he works at supermarket after losing pension — internet rallies to raise over $1M

By Nicholas McEntyre
Dec. 3, 2025


Christmas came early this year for a man who well deserves it.

An 88-year-old Army veteran has gone viral after the heartbreaking revelation that he works five days a week at a local grocery store to help make ends meet, sparking a wave of generosity from kindhearted shoppers who rallied to raise well over a million dollars for his retirement.

Ed Bambas, a cashier at the Meijer store in Brighton, Michigan, lost his pension 13 years ago and despite his age is now forced to work 40 hours a week — a full-time schedule — because “he doesn’t have enough income.”

“I retired from General Motors in ’99. In 2012, they went bankrupt and they took my pension away from me,” Bambas told Australian influencer Samuel Weidenhofer, according to a video posted to Instagram

88-year-old-veteran-working-116631541.jpg

Meijer store cashier Ed Bambas fights back tears as he explains why he still works 40 hours a week at 88 years old.



 
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