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

Forum Index » Money and Finances

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

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Boomers have very good social security benefits with no means testing. They do not NEED to keep working and delaying retirement. They also won’t give up their family sized homes that younger people need to start families.

Meanwhile they complain that they don’t have many grandchildren. And that it’s expensive to hire people to cut their grass, repair their spare 2 bathrooms, snowblower their long driveways. It’s ridiculous. Poor them.
[/quote]

They just care A LOT about their peers’ opinions. 
My parents had an enormous house on 2 acres of land. I convinced them to downsize and when they saw houses that would be an appropriate size (no stairs, 2 bedrooms) they were appalled. My mom said “I need to be PROUD of my home! My friends wouldn’t be impressed by this.” They ended up in a huge “luxury” townhouse with two flights of stairs. But at least they got rid of the yardwork problem.[/quote]

Your mom is right. Those tiny 2br "retirement" homes are depressing. Most of them don't even have enough space for a proper dining table that would seat 8-10 people. Tiny closets, no storage. We are not ready to downsize yet (youngest still at home) but what I have seen is not very encouraging. We will likely either stay put and remodel or do a partial downsize to something like a large townhome for 10 or so years before downsizing again. [/quote]

Agreed. Retirement homes are just not nice. My parents were looking for something like their current 6 bedroom home with a large master, large kitchen. But they wanted to nix 4 of those bedrooms, didn't want the formal living room, only needed one dining area, only wanted 2.5 bathrooms (or 2 maybe). Instead the houses had tiny kitchens, tiny bathrooms, and everything was very basic. Where I'm from in south florida there are very fancy retirement communities, but those just don't exist around here.

My parents instead just bought a normal colonial and will get a stair lift when they need it. They love having guests and hosting dinner parties.[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics