Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "Honestly the complete disregard for GenX financial strain is getting old"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[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 boomers WILL NOT LEAVE. [/quote] I am a gen-ex and we have weathered through things. [b]We bought a house in 1997 and held steady through the ups and downs of the market. [/b] We retired last year and sold our house for a nice profit and the buyer tore it down. We lost money in the dot.com bust, but kept up our 401ks. We weathered job loss. Our 401ks have done well since 2000. We have more than enough for retirement. Plenty of boomers have quit, it’s just that there are so many of them that it feels like they are staying on. It was harder early in our career to move up because so many had come before- but we stayed in technical roles and that served us well. [/quote] This made everything possible, including keeping cash in stocks from the 2000s. Late GenX were stuck with expensive housing which eliminated any realistic investment [/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics