Before Pensions, Did Americans Have to Work Until They Died?
Forgotten Ledger
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Before Pensions, Did Americans Have to Work Until They Died?
31 просмотр · 11 дней назад
Forgotten Ledger
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31 просмотр · 11 дней назад
Before pensions, Social Security, and modern retirement plans, what happened when American workers became too old to earn a living? Did they retire—or were they forced to keep working until they died?
This video explores the harsh realities of old age in America before retirement security became common. Discover how aging workers survived through family support, personal savings, charity, almshouses, veteran pensions, and, in many cases, continued labor. We also examine the rise of employer pension plans, government assistance, and Social Security—and how retirement gradually changed from a privilege enjoyed by relatively few people into an expectation for millions of Americans.
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