You are viewing a single thread.
View all comments View context
-47 points

Boomers and gen X are the ones not able to retire. Most of the younger generations have that ability.

permalink
report
parent
reply
23 points

Please explain.

permalink
report
parent
reply
-41 points

They haven’t saved for retirement and grew up in an Era with with work offering pensions as rare.

Younger generations have greater growth and more savings across the board.

permalink
report
parent
reply
63 points
*

Holy fuck.

Generational wealth gap is an undisputed economic reality, especially when comparing any generation to boomers. Boomers have acquired more wealth by ever age benchmark than any generation to ever exist.

And pensions were very common decades ago. Now they’re mostly gone:

https://www.investopedia.com/articles/retirement/06/demiseofdbplan.asp

Your brain is broken. You need to spend more time reading, and less time commenting for a long time.

permalink
report
parent
reply
6 points

I fully expect a lot of the younger generations to say “fuck it” and just live in poverty instead.

I’m already seeing this attitude in my adult son and his friends and it’s getting increasing hard to motivate him when he sees no light at the end of the tunnel to work for.

permalink
report
parent
reply

Memes

!memes@lemmy.ml

Create post

Rules:

  1. Be civil and nice.
  2. Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.

Community stats

  • 7.8K

    Monthly active users

  • 12K

    Posts

  • 266K

    Comments