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Reply to "Boomers can’t downsize "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Looking here and the numerous send ups of Boomers on insta , I am here to say that most millennials are entirely unschooled as to who the Boomers were. Boomers are constantly confused with my parents' generation. None of this is true- about anything- housing, jobs, pensions, inflation, anything. [/quote] Tons of boomers born 1960- 1964 still working. SS is 67 and Medicare is 65. They are not old enough to retire. Numerous boomers still have kids in HS and college. They are laying 2023 prices for college. And pensions were phased out in the 1970s and 1980s most big companies. They just have 401ks. And they did not get medical on retirement. For instance American Express froze its pension plan and post retirement medical benefits in 1991. And they were generous as never canceled. But you have to retire from there at 65 to get it and they did massive layoffs in 2000 and 2009. Do you really think there are anf pre 1991 employees left? My first company canceled pensions in 1982 when rates shot up. And 401ks unless you are paid very well and get a good match good luck. [/quote] People born between 1960-1964 are not boomers. If you look as the stats the birthrate fell off a cliff with the advent of the pill in 1960. The seminal events of the boomers are Kennedy’s assassination, the moon walk and Viet Nam - none of those were as important to those born between 1960-1964 even if they were alive or actually remember. When they started talking about the boomers vs Gen-X they ended boomers in 1960 and started GenX in 1970. Then someone went “oops we forgot the 60’s and split the difference. Those born between 1960 and 1970 are neither really. [/quote]
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