Good for you, pp. I'm sure it was tough to say no but it was the right thing. |
This thread is hilarious, wall-to-wall dumbasses. Dear me. I think it's safe to say none of you are going anywhere in life. |
Nice try, troll! ![]() |
To the PP who told her in-laws "no" to their request for a loan, were they born in 1946 or later? Are they truly Boomers? (I agree that you should not subsidize their lifestye!) |
So your life sucks and you're placing the blame on your parents? |
Wow! This post hit a nerve. Lots of anger on both sides. As a 56 year old female who has raised 3 successful children, you should be angry at your parents because they raised you to be victims. I am one of the people you hate. I never had a career, was a stay at home Mom who is married to a retired federal employee. We are sitting pretty on a fat 401k and a nice annuity the first of every month. When my husband started on his career, we were looked down upon by our families. Slow and steady does win the race and working with a good financial advisor to get you set up is good advice and provides peace of mind.
Maybe you are living beyond your means and blaming a failing system. If you're smarter than the average park bear, figure it out. Another suggestion is to get out of the private school rat race. We raised our kids in Fairfax County. Almost all the kids go to public schools out here in the burbs. The schools are very supported by the families in the community. The kids are very active within the framework of the public school system. One of my kids ended up at UVA and the other ended up in a small private college. I hope some of this information is helpful! FWIW. We can't wait to downsize and move out of here. It was a great place to raise kids, but it is not our idea of how we want to sail off into the sunset. We are moving north. |
Well, for those of us who came of age in the 90s and more recently, SAHM + Federal employee = very modest lifestyle purchased at the expense of the possibility of savings. A SFH needing work in Fairfax County might still be a possibility, but it would be at the top of the family's price range and would prohibit energetic saving.
I don't think you realize how much you benefited from relatively cheap housing (compared to income) back in your day. Slow and steady no longer wins any races. |
There sure as hell are a lot of boomers subsidizing the lifestyle of their children and grandchildren, I guess we should all stop that, too. After all, it is all a bout ME, ME, ME!!!!! I wouldn't want to to do anything to help out a family member. After all, that is what GOVERNMENT is for. |
I'm the PP you responded to, not the knucklehead you've been arguing with. That is a valid point, but I don't think it's sufficient to make means testing a bad idea. (It's also the tried and true slippery slope, a logical fallacy.) If your brother needs SS, he'd still get it. But the point of SS is so our older citizens aren't compelled to work until they drop, or subsist on dog food (or starve) if they can no longer work. It'll still be available to everyone if needed; just not automatically provided to anyone who has enough retirement assets (and set the bar ridiculously high - $2 million in assets and more don't get benefits). When someone falls below the threshold, benefits begin (at a reduced rate, until another benchmark is reached). And if you never fall below the threshold, well, consider yoruself lucky. Also, I refuse to cave in to the "I want mine" mentality. It's abhorrent, and shouldn't be enabled. |
You know people with money and means will get around asset thresholds by gifting, setting up trusts. The have's know how to protect what they've got ... and that includes ALL have's, Gen X'ers and millenials, too!
What these complainers do not realize is that Boomers are cutting Boomer's benefits! Really, the stupidity is impressive! |
Pp here who is skeptical about means testing here - Your suggestion seems reasonable to me so I certainly wouldn't take to the barricades to oppose it. But I do think there is reason to be careful about means testing. As you can see in the very threads of DCUM, anything that is seen to be a program for the poor is regularly attacked by people who see it as a handout for a few rather than as something that is beneficial to society as a whole. |
Agree. Aside from inheritance- It's ALL in the question of whether, when and where, but especially when you bought and sold any houses. Your age, education and your profession do not matter at all. We will never again have such a transfer of wealth. |
yes. how do we take it back from the boomers and their screwed up children? |
You ARE their screwed up children. |
Whose fault is that?? Those damn boomers, always voting. Why can't they slack off like the other generations. And in your tirade you failed to mention that the boomers protested and got the government out of Vietnam, a war started by the prior generation. It was the backbone of the civil rights movement. Yup, most of those kids getting their heads cracked and hit with water hoses were boomers. And they fought for equal rights of women generally and in the workplace. Lastly, it seems to me quite ironic to accuse them of greed when this post is all about what they got that we didn't. |