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Money and Finances
Reply to "Honestly the complete disregard for GenX financial strain is getting old"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]https://www.wsj.com/personal-finance/millennials-vs-boomers-charts-e6f1971b I know it’s non stop Boomers and Millenials but many GenX were ruined by the dot.com and housing busts and had the lost decade up to the GFC. Careers haven’t advanced because [b]boomers WILL NOT LEAVE[/b]. [/quote] How can us Boomers leave when the Gubermint wants to steal our retirement money. The proposed 50k max social security benefit will be frozen until all the high earners are making the same amount monthly as the average retiree at $2k month. We can't afford to retire. [/quote] What? This hasn't happened and if you retire, I'm sure your benefits will be grandfathered in while everyone younger pays the same for lower benefits. My parents just changed their plans and started taking SS before 70 because they wanted to "lock in" benefits at the current level. Don't just work forever. [/quote]
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