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[quote=Anonymous][quote=Anonymous]Gen Xer here. I don't hate the Boomers. But I do think that with the invariable cuts to come, they are going to need to share the pain. You can't just raise the retirement age, Medicare age, etc for younger generations. Boomers will need to suck it up with the rest of us.

Younger Boomers did lose a lot in the downturn, and I'm sure some of their retirements are delayed as a result. But the costs are higher for GenX and Y now than when the Boomers were younger - housing, college, gas, childcare, not to mention the coming costs for caring for elderly Boomer parents. The Boomers need to have some empathy for this - the average middle class X or Y-er can't save or build wealth the same way they did. We may never be able to.[/quote]

Speaking as another Gen X'er though, there is a key difference that you are missing:

Boomers are already past their prime work years.  They have already planned around the retirement benefits that they were promised.  The reason it's fairer for our group to have the limits raised is because we have time to change our behavior to meet our retirement goals.  Also, we are going to live longer than them and so a raised age makes more sense for the younger cohort than the older one.

Lastly, we are so ready to talk about how "easy" the boomers had it.  The reality is that they lived through the 70's, with double digit inflation, unemployment, and a stagnant economy at the same time.  They lived through housing busts and the stock market crash of '87.  It doesn't seem like as big a deal now because it's in the past.  It was every bit as challenging as the last decade has been for us.[/quote]

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