Prices are rising for many Americans, with 65% of consumers saying the increases are outpacing their income, according to a J.D. Power survey of 4,000 U.S. adults conducted in February 2026.
Recent inflation data adds to that pressure, with the annual rate rising from 2.4% in February to 3.3% in March, according to consumer price index data released Friday. The increase was driven largely by a surge in energy costs as gasoline prices spiked amid the Iran war. Gasoline prices rose 21.2% in March, accounting for nearly three-quarters of the overall increase, according to the Bureau of Labor Statistics.
Who needs a 401k when you can down a 12 pack a day!
It’s hard to imagine a future where my 401k is worth enough to support me. In the meantime, the horrors of the world are driving me to increase my alcohol intake.
My 401k would only ever be a supplement to Social Security. Fortunately the ruling party would never even dream of abolishing that.
/s of course. They used to say Social Security was the third rail of American politics – soon it will be the third leg.