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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Wait a minute..I thought all Boomers were hoarding money by staying in their 
house  purchased with the low interest rates when they were young teens-  that have now made them all wildly rich, preventing everyone else from owning any property ever. Oh, and taunting everyone with it.

So, no, it turns out it's not a thing? Oh. [/quote]

Sample size of one and draws a sweeping conclusion . . . You know what that says about you don't you? [/quote]

Yeah, it says that I know many many many many Boomers aged 58 ish to 75 who cannot afford to retire  at all and not because of their own  failures. They bought within their means, supported at least two children, paid  for colleges, weddings, music lessons, camps,  helped THEIR  parents out- you name  it, but the 2007 recession decimated their 401ks,  with this being the 3rd  big recession they lived  through starting with graduating from college in the worst one, with interest rates at 18% (!),  their houses were underwater for a long period of time from this last recession, and only were able to refinance to lower rates much later in the mortgage.  They 
only saw equity growth in these last 3 years.   
 They lose their health insurance if they retire and, even if they can wait to 65, they still pay for Medicare and a necessary supplemental plan- costing way more than everyone thinks. They drive 14 year old cars, take day trips, 
 and some are still helping their kids who lost jobs during the pandemic. Everyone is a professional with multiple degrees. It's worse for those who took a different route.

So, I'm here busting the big  myth, sorry if you prefer to remain in a delusional state of whining. [/quote]

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