Reply to Stop calling Gen X people "Boomers"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I explain to my kids that boomers have the big pensions and wildly inflated home equity. And they think they succeeded when they just worked regular jobs. [/quote]

I’m in my 50s and don’t have a pension. I only know one of my friends who has a pension and she worked for a Japanese company. For many boomers pensions just aren’t a thing.

Home equity has inflated dramatically the last couple of years. That’s not limited to boomers at all.

Maybe consider explaining to your kids that stereotypes aren’t always helpful or accurate. [/quote]

If you’re in your 50s you’re Gen X. But look around at your friends’ parents if not your own. They are the ones who have the houses in Avalon New Jersey or Rehoboth paid off and big pensions from being in sales at IBM or the like. College was affordable and they worked jobs like lifeguarding to pay for it. Sure there’s poor Boomers. But the whole point of these labels is to show trends. Boomers that are discussed here do have the big pensions from jobs that required only a four year degree from a state school and real estate was cheap. [/quote]

Also, with respect to your discussion concerning stereotypes, the whole point of this thread is about generational stereotypes. So maybe you should sit this one out.

Moreover, if you’re in your fifties of course you are unlikely to have a pension. As a Gen Xer, you likely have a 401(k) and paid close to a million dollars for a red brick small colonial in Arlington that the boomers picked up in the 70s for around 100k. [/quote]

Again, boomers are currently 56-59 years old (and older of course). So I don’t have a pension, I went to college and grad school with scholarships and loans, and in the 70s when people were buying houses for $100k I was in middle school and high school and definitely not investing in real estate on my $1/hour babysitting gigs. Same is true for my late 50s peers. [/quote]

[b]You are off by a lot. Currently boomers are 58-70 years old. A lot of boomers are pushing 70.[/b] And their kids are 40+. [/quote]

Actually, you are off as well. My mother is the oldest of the boomers (1946) and she is 75. [/quote]

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