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Reply to "Honestly the complete disregard for GenX financial strain is getting old"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Politically it’s the Boomers that won’t leave.[/quote] How old are GenX, millennials and GenZ anyway? A full 59% of Gen Xers are staring down the barrel of retirement age without adequate preparation, and a shocking 60% of all boomers not yet retired may still be working because they don’t have enough savings on which to comfortably retire. They look pretty equal although I don’t know what age group they’re talking about. https://finance.yahoo.com/news/why-gen-z-may-retire-120850724.html[/quote] Boomers are not leaving partially at my company Genx are all FIRE or not qualified to take our jobs. At home our Millennial and GenZ kids are getting married later and later. My three kids none are close to marriage yet. I have no grandkids to visit, no weddings to plan. etc. Ironically, when I was young work was brutal. five days a week in the office, we work from 8am to around 630 pm then we had up to a three hour round trip commute. I would leave for work at 650am and get home at 730 pm most days. We had hardly anyone over 50-55 as it was such stress they could not keep up. Gen Z and Milennials the laziest generation and to me now the greatest generation created Work Life Balance, dress down, Work from Home, Remote work. It made work so easy. My job it is two days a week in person, dress down. can make it flex time to avoid traffic, then remote the other three days. I have a 68 year old guy at work. He bought his retirement home by Chesapeake Bay. Guess what he gets paid $250,000 he drives in Wed morning, stays over Wed evening in a hotel by office one night, then starts work earlier as at hotel by office and leaves for day at 3 pm. Since 2020 hardly anyone is retiring. We were remote a few years now only back two days a week. I may do it till 70 at least. If my work said 5 days back in office, suit and tie and pantyhouse and high heels for ladies. we all work 8am to 6pm 5 days a week the older boomers would drop like flies and younger people would have job opportunities. But no one has the balls to do it. [/quote] I can't tell if this is a voice to text debacle or just an absolute inability to adequately grapple with the English language. Either way, it's virtually impenetrable, and what I can glean from it is a mix of idiocy and faux macho nonsense. 0/10, do not recommend.[/quote] Yes, seems like garbled speech to text. I know exactly zero Gen X who've been able to "FIRE" but I am sure some are out there. Those of us in our late 50s, and boomers in early 60s are pretty much looking at working until at least 65, and in most cases 67-70 to get full social security, and praying it's going to be around. DH was just promoted to a management position after working for 30 years, because enough boomers finally retired. And I realize there are boomers out there who can't afford to retire earlier either. We are both in our late 50s and are trying to figure out side jobs we can do to help support ourselves after we actually retire. We can not afford to buy a smaller house in a 55+ community currently: adding an HOA fee (thankfully don't have one now) on top of the new mortgage we would need --because even the profit / principal we have in our larger sfh will not fully pay the cash price for a new smaller house. And we are "successful" compared to most of my LMC relatives and old friends from "back home." We don't have debt, we have health insurance, we have been able to save for retirement and build equity in our house. And we are just trying to keep up with inflation at this point. We are getting zero raises this year, not even a cost of living raise. [/quote]
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