Reply to Honestly the complete disregard for GenX financial strain is getting old

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[quote=Anonymous][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]

Let's back the truck up for a bit.

Boomers WILL NOT LEAVE because they can't! Life is damn expensive and they got caught in the squeeze same as narcissistic you. Do you think their old asses want to continue working? Don't be dense.

Blame population growth for creating conditions leading to higher cost of everything since everyone is chasing the same goods and services including housing, transportation, food, etc. And my population growth comment is my delicate way of saying unchecked immigration.
[/quote]

The boomers leadership, who bought homes for pennies, lived through the largest run up of stocks ( from the “death of equities” to today), need to work?  Did they blow all their money on blow??[/quote]

Seriously. I don’t have a dog in this fight (we are GenX but my husband is very successful and I am just a lowly teacher along for the ride) but the Boomers we know are sitting on huge piles of money. Many did retire. But the ones who didn’t or retired later kept working because the work was so cushy and the pay was so good. My husband used to talk of early retirement in his slog years but now that he’s on the other side and he has more control and the pay is great, he says things like “maybe I won’t retire early I’ll just step back a bit but keep working.”[/quote]

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