Anonymous wrote:Boomers are the locust generation.
They spent all their grandparents money, all their parents money, all their own money, all their kids money, and are now running up debts to steal their grandchildren's money.
All of this to fuel their own pointless hedonism.
They inherited utopia and bequeathed us a hell-hole.
Fck you, Boomers.
Sincerely,
Generation X
Anonymous wrote:Anonymous wrote:My parents had a HHI of around $15k in the early 1980s and topped out around $130 by retirement age. My dad paid for college with money from summer jobs and PT work during semesters. They never had to rent, even with no help from family or inheritances. Housing and college are killing the current generation of young adults.
College and housing costs are legit challenges but think about all the things that previous generations had to deal with that you don't.
Anonymous wrote:Boomers are the locust generation.
They spent all their grandparents money, all their parents money, all their own money, all their kids money, and are now running up debts to steal their grandchildren's money.
All of this to fuel their own pointless hedonism.
They inherited utopia and bequeathed us a hell-hole.
Fck you, Boomers.
Sincerely,
Generation X
Anonymous wrote:My parents had a HHI of around $15k in the early 1980s and topped out around $130 by retirement age. My dad paid for college with money from summer jobs and PT work during semesters. They never had to rent, even with no help from family or inheritances. Housing and college are killing the current generation of young adults.
Anonymous wrote:Anonymous wrote:Boomers are the locust generation.
They spent all their grandparents money, all their parents money, all their own money, all their kids money, and are now running up debts to steal their grandchildren's money.
All of this to fuel their own pointless hedonism.
They inherited utopia and bequeathed us a hell-hole.
Fck you, Boomers.
Sincerely,
Generation X
YES - totally agree. My best friends dad and step mom (his secretary that he had an affair with which ended his first marriage) have always lived to 'keep up the appearance' of a very wealthy lifestyle - which was totally unsustainable. Now he's constantly calling his kids to help pay their bills: "I'm your father... you owe me... look at everything I've done for you..."
The Baby Boomer lifestyle is a very fancy house of cards built on sand.
Anonymous wrote:Baby boomers mucked up the Earth. My biggest grouse is their utter disregard for the enviornment. The most selfish generation ever. + they voted for Trump.
Anonymous wrote:The weak, retired baby boomers living off pensions and SS, should die off and make room for the strong.
Anonymous wrote:Anonymous wrote:Anonymous wrote:I’m a Gen Xer, but the sense of entitlement boomers have drives me crazy.
+1 I refuse to buy property from them. They will not enjoy my hard earned down payment, ever.
If you don't invest in real estate, please invest in something while you are young and time is on your side. Stocks, bonds, gold, etc. Real estate is usually a safer investment, hedge against inflation and great tax shelter on gains - DC is an expensive place to start however. Buy a starter home with some land under it. It will make you 'lucky financially' and keep a roof over your head. If you don't invest well your children may have to take care of you in your old age.
Anonymous wrote:Boomers are the locust generation.
They spent all their grandparents money, all their parents money, all their own money, all their kids money, and are now running up debts to steal their grandchildren's money.
All of this to fuel their own pointless hedonism.
They inherited utopia and bequeathed us a hell-hole.
Fck you, Boomers.
Sincerely,
Generation X
Anonymous wrote:When I was in my 20-30's, I paid student loans, drove a beater car, I lived with roommates, bought a condo, then a TH then a SFH. It took years of saving to be able to afford an nice SFH in a good neighborhood.
It seems like younger people think that baby boomers had wealth drop out of the sky. Boomers have wealth from decades of working and investing. If you are young you will have wealth, it will take time, just stick with it. Also, if your parents are boomers you will likely inherit from them. We got nothing from our parents estates, because there was nothing left.
Stop whining.