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Money and Finances
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]Instead of pitting different generations against each other, you should realize that each generation is at the mercy of historical booms and busts, OP. It's not the fault of anyone in particular. I object to your narrow-minded characterization. I am late gen X, born in 1980. [/quote] You are more of a millennial. -1971 baby The author Douglas Copeland was born in 1962. Census defines generation as every 10 years until the iPhone introduction (now 5 years) [b]I am extremely concerned the millennials will go for GEN X taxable 401K (this is where demographics and democracy collide). [/b] I see a very dysfunctional relationship between boomer parents and their millennial children: but they share a common trait that compounds: liberal mindset when they’re spending other people’s money. Arch conservative with their own.[/quote] What does the bolded mean?[/quote] I’m not sure what it means either but if there’s any way that Gen X will be disproportionately screwed over retirement-wise it will be through social security, not 401ks. [/quote]
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