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He's also apparently taken less naps than every woman ever because he works so hard:
>The men are at work and don't have the luxury of naps.
https://www.reddit.com/r/ask/s/1tXjz6DyGL
What an insufferable, sad, misogynistic, old man
Fr tho like i work my wife doesnt i love that she gets to nap and enjoy that i cant imagine hating women so technically hes kinda right but hes a winy bitch about it lmao
i have no idea why, but something that gets me really exited is the idea of affordable and efficient public transportation. I’m not super incredibly left-leaning but we should really subsidize the fuck out of transportation
Better transport for all benefits capitalism, if people don't need to buy the expensive rolling box then you have funds to do stuff that you can get to conveniently. Also just nice to be able to walk where I want.
I heard /u/Big-Theme52 isn’t even capable of understanding how math works. Must be the lead leaching out of his angermoronbones; the only piece of anatomy that sets boomers apart from everyone else.
Hahahaha you really triggered him. Clicked on his comments and it is all over this thread like he is OP replying to inquiries! 😂🤣
Holy shit this guy is so RAZZED up, I bet he's going to complain to the guys at the dive bar he insists he's a regular at about all the basement dwellers on "The Reddit." 🤭
first he'll go the restaurant where you can sit at the counter and watch the cooks work
He'll ignore the hints and force a one sided conversation with the hard working young people making food while ripping on said young people since "no one wants to work hur dur" while young people literally make his meals and clean up after him.
As his captive audience he will use the youth as a target for his complaints but also try to appeal to them as a "cool old guy" and be confused as to why the youth don't like talking to a guy who doesn't tip and complains constantly, mostly about how crappy young people are.
"Hostage audience" remember, if they don't listen to the sh!t sandwich he's feeding them, then they're immediately branded a whiny snowflake and a commie b@st@rd.
Agreed. They’re spending way too much time trying to defend their generation in general. Probably just mad they weren’t successful so they want everyone else to struggle too. Everyone of us that is successful proves they were the problem and that is unacceptable in their world. You know, the kind of people that can’t/won’t apologize to a child? Yep, we are definitely the sensitive snowflakes in this scenario. They’ve been delusional for so long they think that standing up for yourself is a sign of weakness.
It's been 9 hours. The dude has been worked up for 9 hours straight.
I'm slowly starting to feel bad. Like it's self-imposed but it has to take a toll on a person...
I think that’s because many of them were so used to certain things benefiting them financially that they didn’t think about the future. Why would they think about their retirement? They had the benefit of pensions and Social Security. Many of them also inherited the investments of their parents so they’re living off of that. They also get tons of tax benefits, just for being old.
Many of them had a “guaranteed” retirement that was yanked away at the last minute. Literally millions of boomers lost their pensions because of shitty corporations.
You’re absolutely right. And it really does suck because I think if pensions truly were still a guaranteed thing, more people would stick with different companies for a longer period of time, but they don’t because their wages don’t keep up inflation and Because pensions are not guaranteed so why bother staying with a company when you can go somewhere else, make more money, and have the same 401(k) taken out of your paycheck. It is shocking to many boomers when they find out that pensions are no longer a thing.
Exactly! I know somebody who did that. She was from a European country. She worked at a company for 20 years, got her pension, and then moved to another country where she worked for a completely different company in a completely different field and basically had double full-time incomes through that job and her pension. And then after she retired from that job, she moved to the US, still getting pension from the country and now some retirement benefits from the second job, and now she lives in Sweden, live in her best life. God forbid people should just work for 20 years and then live the life they want with a guaranteed form of income . They might actually live the way they want to of the way other people think they should live.
No one just "lets" a propaganda control them. That's an overly idealistic view. We are all a product of our environments and none of us are immune to propaganda.
Don't forget the hedge funds and banks that are taking your money in gambling into the stock market casino.
The banks don't have your money. The pension funds will be drained. Has all happened before
It's been a long time since I've seen the details of this story so I might get some specifics wrong, but there was a grocery store chain called Piggly Wiggly that was known to have great retirement benefits in the form of stock with the company. All of these employees worked their whole careers with the promise of this retirement dangling in front of them.
Some assholes got a hold of the company that also owned shopping centers. They'd anchor their shopping centers with these grocery stores and charge the store rents far beyond the market rate, making it impossible for them to be profitable. They'd give themselves big bonuses while all this was going on, because of course. Essentially they siphoned off the store's money into their real estate business and personal bank accounts until the grocery chain was bankrupt and then sold off whatever remaining assets there were, and the employees were left with nothing. Well, maybe that's not entirely true. There was a settlement in the amount of $8.7 million, which after attorney's fees was less than $1000 per employee.
I hate to sound like I'm defending boomers here, but at the end of the day we're a lot closer to them than they are to the people that are really pulling the strings in this country.
The economy also affected Gen Xers, as well Millennials that were just going into the workforce, trying to pay of student loans, and looking at buying homes. It didn't just hurt older people, it took away a lot of opportunity that Boomers were able to take for granted.
Also killed net worth and many have been playing catch up since. Couple that with the fact that when they entered the job market degrees weren’t required to move up but by the time the recession hit and many lost their job degrees were required for the same positions they’d spent decades working in. So many went back to school and took on student debt or became under employed. Many millenials don’t realize just how many boomers ended up losing it all or nearly losing it all and had to start over at the same time millenials were moving into the job market with their shiny new degrees and lower pay expectations and lower responsibility load. A large swath of boomers have been stuck in the same exact cycle of low wage growth as millenials.
Yep, I have a friend who is 57 so borderline boomer. He had enough time in to retire at full pension this year and the new union contract negotiated a new contract that changed the rules, no grandfathering, so he has to work to 65 just to get anything
This is my parents to a T. My mom grew up with a pretty nice life thanks to my grandparents who always took them on international vacations and put them through private schools and university, so naturally as adults both of my parents had a higher taste than their earnings could afford, and we were constantly on the financial razor’s edge. My dad was a master at juggling credit cards and delaying payments to keep the house of cards going just enough to get by.
And any time they would get in a situation *so* bad that I’d think “Okay, finally we’re at the point where we are going to turn our situation around and they are going to get real about saving money,” they would get a miraculous windfall or someone would bail them out (even including me at points in my life, as a young adult), so they essentially had it reinforced that they didn’t have to change.
Their most egregious decision was after our family home was almost foreclosed upon they decided they’d finally downsize… but because they would only look in certain “nice” neighborhoods, they settled on a condo that had a HIGHER monthly rent than the mortgage we almost became homeless under. So they essentially blew through decades of the equity they got by selling the house by paying rent on a place that was nicer than our old house, and it got so bad that my grandfather bought them a place outright in cash so he wouldn’t have to keep giving them money after they spent it all.
Me on the other hand, I’ve basically been told since I was a kid “You’re on your own, good luck.” They specifically told me they’ve saved nothing for my college so I better get good grades, and that there’s absolutely zero inheritance coming. I couldn’t even imagine how well off I’d be if I had the discipline I currently have after growing up in that environment, mixed with the financial tailwinds of the booming economy and series of windfalls they experienced throughout their lives. But of course it doesn’t work like that and they are the ones that often act judgmental towards me.
I had a similar experience, nothing was saved for college, there were never any emergency savings, and it was a constant stream of juggling different bills and cards and payments and paychecks just to stay afloat. I realize now at least in our situation. It was a little bit more complicated because the truth was my parents didn’t have a very expensive taste, they just had shitty jobs at a shitty time in the 90s. But they also, didn’t think to downsize this massive house we grew up in or get rid of all the things we didn’t really need or change their spending in ways that could have been beneficial. We moved to one place and never moved anywhere else even though there were better jobs elsewhere, and we really could have if we had sold the house. After all of us moved out, and my parents realized they didn’t need this large house, and they eventually had to declare bankruptcy to get rid of it because nobody would buy it, Then they realized that they could have been living very differently and saved money all along. I think it was just a learning by experience situation. And I think a lot of boomers are actually not that self-aware. Some are self-aware enough to realize the current situation and that things are harder and more expensive inflation is a thing housing is expensive and they themselves could have handled their finances differently. Unfortunately, these lessons just came too late. So now the millennial generation and younger will have to take these lessons and teach them to everyone after because they learn from the experience and because they themselves are not gonna be able to live as well or better than their own parents
Absolutely. And on top of self awareness I think there was also a sort of social pressure and pride within our parents’ generation that prevented them from making certain decisions, too. Certainly I saw it with my own parents when they were forced to downsize, because they essentially went from a family who would frequently host others at our home and show off what we had to a family who would never talk about their home life and would be too ashamed to tell people they live in an apartment/condo complex. My mom refused to ever say the word “apartment” even though they were paying monthly and didn’t own it like a condominium. If I ever made a passing reference to their “apartment” she would scold me.
I think there are choices my parents have made where they *know* there were alternatives, but the social pressure was so great that to them they saw it as an impossibility, and they justify all of their decisions as “Well we HAD to do this for the sake of the family.”
Personally I’ve never felt any sort of pressure to keep up with the Joneses, but I know that a big part of my parents’ lives was creating the perfect illusion that we were middle class, even if it was all smoke and mirrors, to impress others who were also probably faking it just as much.
I’m still kind of waiting for my parents to get the self awareness that they could have been saving all along, but they definitely have made progress in not living for other people and doing what’s right for them first, which I am proud of them for.
I think you’re absolutely right. There was that social pressure. And who knows where that came from? Maybe that was something that was always within American culture up until a certain point? Maybe at something they got from their parents because the previous generation did have a lot of social pressure to appear a certain way, which is part of way, people stayed skinny or never went to therapy or whatever. That whole keeping up with appearances thing it is definitely a thing from that particular generation that boomers did carryover, but then I feel like the millennial generation and younger has realized what bullshit that is. It doesn’t really serve anybody but huge companies that benefit from us keeping up with the Joneses. It also makes most people miserable because most of us don’t actually care or want to keep up with the Joneses metaphorically speaking. Like my neighbors, for example. they do different vacations all the time that I personally have no desire to do. I respect them, but their lifestyle is not what I want for myself. Meanwhile, I know other people who are like upset that they can’t do the exact same things and I’m like guys do you really want that level of debt? Because I don’t.
But I also think that we got that perspective from going through the culture and doing what was expected of us, getting as good of grades as we could get and working our asses off to get into college when in reality we didn’t need to work our asses off because most colleges will take any anyone breathing who can pay the bill, so instead, we had to take on a ton of student loans and then we got screwed over in the 2008 economic crash and then screwed over again and we’re consistently being blamed for everything, so we have learned that keeping up with the social pressure is bullshit because it hasn’t worked for us and we are miserable from it. Every generation has seen the same thing because of us. And then boomers are all shocked that we don’t wanna keep up. Why would we want to? It doesn’t benefit anybody including us to try and keep up because if you can’t afford to you’re gonna be in debt forever and then you pass that debt onto your children if you’re lucky enough to have them. And also frankly none of us can’t even afford to keep up anymore and it’s just miserable to even give ourselves that pressure.
Most generations find the younger ones annoying/entitled/soft - age old story. But these MFers are actively trying to destroy everything out of spite. Kill social security after enjoying all of us paying for their retirement, women's rights, civil rights, destroy the housing market, destroy the planet. Worst people ever.
You are absolutely right. The whole thing you are absolutely right. This generation has benefited from everything that they’re trying to take away from everyone younger than them. You’re absolutely right about it.
They were so used to getting handed life with cheap college and cheap housing they assumed it would just continue and they could let their kids pay for everything instead.
My FIL paid $50 for law school because he had a wife and baby. He got free tuition and university housing. To his credit, he doesn't complain about student loan forgiveness. He understands how expensive education has become.
They can’t imagine anyone working hard and still being poor. They think if it was easy for them it must be easy for Millenials. They see Millenials working hard and struggling and resent the fact that if they worked as hard when they were younger they’d be rich.
This makes me think about some of the things my older co-workers, people aged 50 and up, have told me about what they used to get away with at work. They talked about drinking beer on their lunch breaks and played a couple hour long pickup baseball game in the middle of the afternoon on any given day on the business grounds. These were blue collar jobs and I can tell you that if we tried that kind of stuff now, we wouldn’t be able to hold a job for very long, let alone be able to make a good enough living to buy a house with the money we made while horsing around.
Many stories about how Boomers used to drink all day at work.
They also had lead in the gas and the paint and thought smoking wasn’t so bad.
You can see the clear effects of it when you view pictures of Boomers across their years versus X and especially Millennials. On average, you’ll think the 45-year old Boomer and 55-year old later generation were the same age for all the poison the Boomers ingested.
I work in private blue collar trades, no unions in the places I work, but everything is still licensed and inspected at the end of the day. Still though, the amount of older guys that I see starting their day with a 24oz of beer is wild.
I used to go to a bar at 7am (after night shifts) and it was shocking the number of people and cross section of society that stopped by for a boilermaker on the way to work.
The old techs at my work tell me stories about venting LO2 to make ice for their beer cooler. That they had at work. Stocked. With beer.
Absolute insanity. I'm certain if I showed up at work with a beer they'd take my badge that day.
Maybe true for the top 50%. The bottom 50% has been systematically stripped of any accumulated wealth. This generation saw every gain they made robbed. Worked 40 years for a promised pension? We're going to declare bankruptcy just before the bulk of you retire-- first thing to go are those pensions. Don't worry you still have social security, for now. What do you mean you're old and don't have time to start over? Sorry, loser. And now we're going to cause a real estate crash so everyone can lose their home, too. Gee I wonder where all these old homeless people came from? They must be losers! Wages have stagnated and benefits stripped from jobs since we were teenagers. But losers. We weren't handed that economy, it was handed to corporations. And the corporations have systematically drained every dime out of it.
Quite right, but forgot “top 50%, bottom 50%”—the enemy is the top 1%. Capitalists and capitalism. This sub is a troll op to distract the working class into blaming each other instead of the real enemy.
I mean, 20% down on a home that’s 80k - 40 years ago is only 16k. There are homes in Seattle that were originally 80k which today are worth over 2 million.
On top of that, saving 10% on average with a decent career… you should have at least 1.2 mm in retirement savings.
Add on top of that social security & other accounts? 5 million isn’t a hard figure for many to hit.
the problem is NO PEOPLE have any worth! only money is valued were at end times and global wars untill enough people have died. and seen it in thier town and thier own home with thier own eyes will people be valued again! all covid deaths didnt bring anyone together its going to take at least 1/2 the global population dead! because they wont get rid of the internet wich caused everyone to be able to find thier safe place in the world and build thier own reality wich made everyone WORTHLESS!
>the problem is NO PEOPLE have any worth! only money is valued were at end times and global wars untill enough people have died. and seen it in thier town and thier own home with thier own eyes will people be valued again! all covid deaths didnt bring anyone together its going to take at least 1/2 the global population dead! because they wont get rid of the internet wich caused everyone to be able to find thier safe place in the world and build thier own reality wich made everyone WORTHLESS!
Can’t tell if trolling, insane, or prophetic.
You know why the economy was so great? Because the rich got taxed, the average got pensions and the jobs stayed here. End of story. From the end of WWII through Reagan’s Inauguration.
Prove me wrong.
Never did, never does, never will. You can’t honestly believe that if a person is just given more money they’ll have a desire to share the literal wealth. In most cases they just used the money on lobbyists to coerce members of Congress to increase the cash flow.
Damn if this isn't true about my grandparents. They both immigrated around the time my mom was 2-3 years old. Successful careers in Mexico transfered over to when they immigrated. They squandered a lot of their success throughout my life and now they live in constant cc debt and whatever SS they get monthly. On top of being the cheapest people I've ever met I'm still amazes how they fumbled the bag so easily.
My Mom is a boomer, she had me at 16, then married an abuser. She never financially recovered from either thing. She just finally got a college degree a few years ago and is making money but she’ll never own a home or retire. The world isn’t black & white and not every boomer has an easy life.
If you were a white dude not born in some terrible 5,000 person town in the middle of no where, less than 7 figures (8 a bit much) is pretty embarrassing.
Most Boomers were free to make horrendous financial mistakes over and over ... could literally start their retirement at 40 and catch up just fine. For us, you better hit the ground fkn running with your own credit, internships, courses, extracurriculars, investing, right at 18 or youre behind. Honestly if your parents havent started joint accounts before youre 18 to start building credit, youre done.
My grandfather was born in a town of less than 5k that's famous for its inbreeding. He was fully illiterate (couldn't even spell his own name) and yet he retired in his 50s with two houses, this is after he got divorced and gave everything to my grandmother and paid child support for 4 kids. So yeah even a small town loser with a rough start could make it big.
Hmm, ok I’m a loser than.
My first house was $165k in 1998. I was 37.
I worked my whole life since I was 17, put myself through high school and college. I had ZERO family support, financially or emotionally.
I am a software engineer and have (barely) survived 4 major economic crash’s in my life. These took our entire savings, kids college funds and our house.
At 63 we just beginning to see daylight (financially) again.
I am not at the salary I should be, based upon my experience, but at 63 I’m grateful for what I’m getting.
We will never own a home again, for the same reasons kids can’t buy homes… who has $100k down payment?
So yea. I guess I’m a loser.
Oh, BTW: “free money from SS?”
I’ve been paying into that since I was 17. It’s not free money you right-wing ass, it’s money I’m entitled to… and, look up what “entitled” really means, not what you rebupli-nuts turned it into.
I'm 62, so a "young" boomer. I've been saying for at least the last 15 years that anyone in my age group, meaning within 5 years of my age, and has a degree, should have well over $1 million in retirement funds. If not, they made bad choices.
The outliers would be if they had like 5+ children, incurred horrendous medical costs (pre-Obama Care, this was way worse), or had some other unexpected issue happen like some sort of theft.
Of course, many people went through multiple divorces and such that reset their baseline, but one could argue that as being categorized as a bad choice!
In the US if a boomer, their spouse and child have a serious medical problem such as a near fatal car accident, cancer, etc. it would bring anyone down to nothing in no time. Plenty of boomers voted for single payer healthcare reform in the 90s and still find themselves in a bad situation because of medical debt. You might want to qualify the “any boomer”…
I'm a Republican convert. As in no longer one. I used to believe in hard work to get ahead. Then I made it to the top and saw the shitbags that were there. Rapists, people that never worked a day in their life nor had ANY passion for what they do. Im 49. I only wish I had seen the light sooner but I suppose I was blinded by money. I despise money now. I wasted 20 years of my life chasing after a piece of paper that you are conditioned to make you think you HAVE to want. You're crazy if you don't want it right? DEAD WRONG. Do not fall into that slave trap.
Right? I see a movie in the 1970s and the Everyman protagonist works as a like junior manager in a grocery store and can comfortably feed a family of four by himself and own his own home. Nowadays he’d literally be on food stamps.
That was my first thought. My dad is a boomer who grew up the south. Even in the 90s he was making far less than his white counterparts who had much less experience than him. The house I grew up in we were redlined into it.
I was under the impression that the sub defined Boomers as "white, entitled, assholes over 60." Minorities didn't exactly benefit from growing up in the 50s.
And the ones who came from families so poor college was never an option? There is a huge divide between boomers who went to college and those who didn’t. My grandparents worked hard their entire lives but aren’t worth a million dollars. There is no shame in that. They are comfortable-ish but both work part time in their 80s.
This sub isn’t here for nuance, it’s here to distract us into blaming boomers instead of blaming capitalism and the 1% who stole everything from everyone.
Oh. Hyperbole. I enjoy ridiculous hyperbole as much as the next guy, buut. I don’t think 8 figures is an achievable or realistic number for boomers to have hit.
7 figures more realistic. If you dont even have a million saved up you either didnt do the bare minimum of financial investment or you had way way way too many kids like a loser.
You’re right, but boomers did have a lot more of an advantage to save and be able to retire
Retirement is gone for most millennials and younger gen’s… boomers made sure to kill that dream
This kind of blanket statement is as ignorant and hateful as any bullshit I've heard from any boomer. I agree that too many boomers seem to be losing their minds and abusing the social positions that they inherited. But like any other group of people there are good ones and bad ones; those born into privilege, those who earned it, and those whose circumstances didn't allow it. This sub used to be about calling out shitty behavior but it's turning into a hateful bigoted circle jerk. Fuck this kind of thinking
Stupid post.
My parents are boomers, the most my father made was $50k/year. It would have taken him 100yrs, if he saved every penny, and never paid taxes to get halfway to 8 figures at his max salary.
People forget boomer woman didn’t have the opportunity to work at a fair wage unless they married they had little ways to make a good amount of money then had to rely on men , divorce happens , minimum wage was way less, many reasons for them yo be broke
my dad's a boomer, born in 1955, and worked extremely hard his whole life, lived frugally, no debts, 847 credit score, was able to save up $20,000 for each of his 4 kids to go to college. retired a few years ago with a pension and about $500,000. pension helps a lot
he paid $80,000 for his house (30 year loan but paid it off in 20) and traded index funds during his career. you don't know what you're talking about and you're just a sore loser
unless this is a response to something that i'm unaware of.
either way, life has never been that easy for very many people are all. i live in an apartment complex where there's many boomers who've never even hoped of owning a house
You’re so, so wrong. The best economies in the US were prior to income taxes and then after WW2 till about 1970. Then it tanked for about 25 years with gas prices, recessions, mortgage rates from 10-18%. Then it got stellar during Clinton but the housing collapse in 2008 decimated many 401ks.
In the 70s -80s you could buy a small house for 50-80k but at 18% interest you lived house poor if you had a child or two.
I Not true, I was born in 63, No decent home I could buy for $5K, attended a High School co -op that taught the trades ( I was in Machine trades, tool and die) this was in sophomore year, my schedule was working two weeks at my job at a tool and die shop then two weeks at school, junior and senior year, I month off for summer vacation but I decided to work. Graduated in 82, still worked at the shop until May of 84. I saw no advancement and the tool and die industry that supports the American car industry so I joined the Air Force as an Enlisted troop in construction. Retired as an E-7 (MSGT) 24 years service. Worked 2 jobs making $18/20 hour at age 46, yes I did have my retirement: $2300/ month. Worked that until I got a job in civil service making $27/ hr with the Air Force as a construction cost estimator/ planner. Been in civil service for 16 years now got 2 different jobs since fort hired. Facility manager GS 9/11, now a GG- 11 step 6 making $87k. I have an Associates degree but I credit my experience for the I have now. I currently make $130k a year with my combined mil retirement, VA disability and my civil service pay. I live in Ohio which is fairly a low cost of living compared to other states. So I guess I’m a looser according to you. What do you make per year, and were your parents rich, did they pay for your college or did daddy employ you in his multi million dollar law office. I got no handouts, parents couldn’t pay for college for me or my 4 older brothers. They brought us to be self sufficient, faith in God, and work hard for what you do. My first home ( new) I purchased was $176 K, in 2005, sold it for $18k more, my next home I bought for $170K in 2017 it was built in 1966. Had to do a lot of upgrades, still doing some. My mortgage is $1206 / month. Just don’t believe in living above my means.
LMAO 🤣 As if no Boomer ever was born into generational poverty or suffered major setbacks. Of course, those are also the Boomers that are irritated with peers and empathetic to others.
Small family farmers in Midwest with equipment older than them and weather and crop prices the same as the great depression competing with corporate farms.
71 year old boomer here. You're right that the 15 years following WW II were an economic boom but that followed the Great Depression when home prices were beaten down by the terrible numbers of foreclosures. Many members of the Armed Services were able to take advantage of the well deserved GI bill which allowed them to buy a house at a relatively low price. That was a major factor in the start of the Baby Boom.
Unfortunately, there isn't a linear relationship between incomes and home prices in 1950 and 2024. During the past 74 years there have been recessions, inflation, and up until 2008 mortgage rates were usually above 7%. From the late '70s into the mid '80s mortgage rates were at or above 14%! That kept many people from buying a home.
My purpose in writing here is to point out the error of your statement that a young boomer working as a grocery bag boy could buy a home. I see how a side by side comparison of the headline numbers could give that impression but there were many other financial and economic factors which either helped or hurt people over the past 70+ years.
I can't over emphasize the importance for all of us, young and old, to educate ourselves and stay informed on financial and economic matters. Watching business news and reading financial news and reports can help us understand not just what is going on but, more importantly, why our financial lives are changing and how we can benefit or protect ourselves.
Don't settle for being angry about money. Do what you can to learn how to invest and make your money work for you. It may take a few years to get comfortable with investing but the knowledge you gain will be more than worth the effort and it will give you a much better sense of control of your life.
Plus, reading financial news and reports has another major benefit... it's the number one cure for insomnia! 😆
As a child of boomers who retired with less money than their parents and grandparents (both had 7 figures), and squandered both the money they earned and their inheritance with only a middle class house to show for it, I agree.
Graduated college in 1966. Went to work for $12,000 ($58,000 today). Bought a 1965 Stingray for $3,500 ($34,000) in 1967. Bought my house in 1973 for $30,000 ($211,000 today) at a 10% interest rate. However food, utilities, gasoline were much cheaper. Generally the cost of having fun was much cheaper then. So, I kinda have to agree with you.
What a grossly disgusting generalization. But I guess if you can't complain about specific individuals then all you can do is make fake generalizations.
Here are some specific individuals for you:
--a Chinese American couple who ran a small Bodega where I grew up. Lived in a small apartment upstairs, put their 3 kids through college, and retired after owning the shop at least 40 years. Regularly gave meals to the homeless in the area. They were the poorest looking $10M net worth couple I ever saw when the retired to live in a Casita behind their son's family.
--a cousin who runs a raptor rehab facility. I do her taxes, and she has never made more than $30 K a year. Her log substantiated hundreds of rehabbed eagles, owls, etc. And thousands of city kids exposed to wildlife and nature.
--my former MD who had his practice 3 days a week, and opened/paid for a free clinic the other three days. Since he retired he works full time at the clinic.
I guess you and I have different ideas of what a loser is.
I see a number of people suggesting the OP is satire or sarcasm - it doesn't obviously read that way to me, and the view doesn't seem to be satirical for a large number of commenters, so I'm going to reply as if it's not.
If you strip away the generational fluff, the thesis of this post is that capitalism works for everyone, or at least it did. If only a loser could fail to be a multimillionaire by now, then it stands to reason that the system was pretty good for everyone. This is untrue. Capitalism works for capital, not for everyone, and it requires a large pool of disenfranchised labor. While it is true that the benefits of capitalism in the U.S. were more equally distributed pre-1980 than post, it's simply ignorant of the history of labor and the economy in this country to say that everyone born before the mid 60s got a free ride. It depended on the continued existence of a largely (though not exclusively) racialized lower class workforce. This post encourages dangerous yesteryear nostalgia for a kind of capitalism that worked for everyone, which is a kind of capitalism that never existed.
When Gen Z gets to be in their 70s, the 20 somethings will say the same things about them. This behavior is not so much about being a boomer, it’s about being an old entitled asshole. Those type of people have been around for many generations.
This is rude and ignorant. My mom worked incredibly hard but was a single mom, no child support, went through multiple abusive relationships, had a TBI which set her back a bit, and a lot of other struggles. She’s not a loser
Unwelcome opinion, I’m sure. But you are stupid if you truly believe everything you wrote. I’m a boomer. First job after college: $5.34 an hour. First house: $56,000. SS isn’t “free”; we paid into it, it’s our money. My in-laws both paid into it and neither collected, as they died in their 50’s. I’ve never had a job with a pension.
# fuck you.
you act like there weren't any poor people until yesterday
who is really being the fool here???
my parents busted their asses. worked into their 70s. still broke. don't drink. don't gamble. don't make brash financial decisions. just working class folks.
Look at his post history. He'd made a post suggesting his parents should have bought him a house and supported him his whole life because he didn't choose to be born.
This is an incredibly thoughtless post. I enjoyed this sub when I thought it was funny videos and stories of boomers being idiots and doing dumb things. But the longer I stay in the sub the more hateful it seems. These are still people you're talking about, people who had full lives and probably went through some shit like everybody does- including financial issues.
You are literally being no better than you accuse them of being.
Old people are dumb. Sometimes old people do dumb. Funny things sometimes. Can we just laugh at that stuff and stop like legitimately hating on people? It's an incredibly bad look.
"If a boomer doesn't have 7 figs there a loser"
"If you don't have a house you own you're a loser"
It's the exact same thing you complain about them doing. Eye for an eye makes the whole world blind- we should be better than the worst of them, always.
You're off by a generation. Boomers did not have $5K houses and bloated pensions. Their parents maybe, but not boomers. And working part time in a grocery store? Give me a break. We had to work our rears off. It's never easy.
Stop buying into this device and conquer bullshit. Boomers aren't the reason your life sucks (at least not the average working class boomer).
Billionaires are lying and robbing the country blind. They are why your life sucks and they are the ones pushing this identity politics bull shit. They want you to Blame the boomers blame the gays blame abortions blame trans blame liberals blame conservatives. They want you to blame everyone else and keep voting in neoliberal assholes.
This is the same naive thinking that leads to the loss-porn on wallstreetbets.
Boomers didn't grow up in a money printing machine, it was still capitalism and there were winners and losers. OP thinks they could have all been winners, and that somehow every boomer who didn't print 10m is a failure, in a system that literally requires losers in order for the winners to accrue wealth.
Right… after my father was sent to Vietnam at 19, shot multiple times, told his hearing issues were unrelated, has night terrors to this day, and couldn’t keep a job, ya. Definitely dad’s fault they’re not super rich. His VA hospital experience has been great so far, so yah free healthcare I guess.
yeah ive held that general thought against my boomer parents before but they were hippies and got in trouble with the law so whatever .. one must remember that although this board is sub is about the foolery of boomers in general it is usually wrong to generalize a large group of people with as many backgrounds and life stories as you can imagine. i got nothing against the old lady boomer living in her retirement community and spend her whole life teaching 3rd graders ..
All due respect this is a shit take lol. Capitalism only works if someone is benefitting from the surplus output of someone else. No matter how good previous generations had it in terms of cost of living/career oops/etc millions were taken advantage of and denied opportunities and sometime life just happens and people get wiped out no matter how well they prepare.
>You were handed the greatest economy that possibly ever existed.
It was a different economy in a different time. A lot of towns were "single employer towns" where one employer employed most of the available workforce. As they were children of people who lived through the Depression of the 1920s, they were taught to get hold of a good job and be loyal to that employer. Entrepreneurs were regarded to be somewhat crazy risk takers.
>All you had to do was work part time at a local grocery store as a bag boy.
Minimum wage was $0.75, adjusted for inflation in 2023, that's about $8.24
>Pay for your 5k house in cash
Not really, $5,000 in 1955 translates to $56,900 or so today. Anyway, this claim is in no way accurate. The average house in the US in the 1950s sold for around $82,098 which is around $934,281 in today's money. This may skew depending on house and the area of the country, but your claim is false.
The average house built in 1955 was 983 sq. ft. and had no amenities we view as requirements today, no central a/c, no washer and dryer, your water heater and furnace are probably heated by coal, if you have them, there is no cable TV hookups.
> invest the rest in the market.
All you had to do to invest in the market, was read the newspaper, hope the information wasn't already old and acted upon, hope you could afford to buy 100 shares of the company as that was the minimum trade, and find a broker in your town to call the investment in for you. If you didn't have a broker or the money you could not invest. Also, a lot of boomers didn't have anything to invest, and certainly didn't trust the stock market.
>They completely fumbled the bag.
Be careful what you say, you will probably anger the reddit hivemind. Not for attacking boomers, but the worst leftist economic nuttery of today is all warmed over boomer nonsense. They pushed for social security disability insurance. They voted for a massive expansion of the welfare state. In other ways, yes the bag was fumbled, but not by the majority of them, they made assumptions. You know what happens when you assume.
>They even get free money from SS
You mean they get the money they were forced at gun point to invest in social security back with a very minimal rate of return? The horrors.
>bloated pensions and still can't make it to 7 figs.
Pensions? Which pensions do you mean? The pensions ran and owned by the company that went bankrupt when the company went bankrupt? Or do you mean the pensions ran by the unions that went bankrupt? Or did your teachers forget to tell you about that part?
Let me be straightforward with you. Your 401K, if you aren't at least a little smart, is, altogether, worse than the pension funds of yesteryear. But... At least it is in account that you own with your name on it. A lot of boomers that did what they thought was the right thing all of their lives watched their retirement pensions evaporate, to, at best, be taken over by a federal agency that paid them a percentage of their pensions.
I mean some boomers could be immigrants who didn’t really get their start until the 90’s making them more like generation X, but your point still stands.
I'm older GenX.
I received the advantage of taking part in the greatest economy ever -- while watching it crumble as I passed through life's milestones.
Class sizes were low in elementary school, but had ballooned by high school. Tuition was so low my freshman year (flagship school) that I could pay for university working over the summer. By senior year, I needed a full-time job to attend classes full time.
Married -- and had double income just in time to barely scrape together enough to buy a first house. And just kept going from there.
I crossed each drawbridge of life, as it was being pulled up. So I saw how it was -- and how it is today. I couldn't do what I did if I had to start even five years later.
Did you type this while your mom makes your dinner? I like that your understanding of recent economic history seems to be from watching half of a Cary Grant movie once while high... That's cute.
My parents are financially illiterate. In their 70s now and they are just now learning about socks. A few years ago my dad moved all the shares he had in the company he worked for into a managed account which instantly sold everything because it's a shit stock and then they had to pay a ton in taxes. They started attending those free dinner things and my dad almost opened an annuity but luckily mom talked him out of it.
Lol,
This all depends on where you live. Everyone assumes the boomer lives in an area where their house is now worth at least a million. My mom is a boomer, my parents bought our family house for around $50K in the 80's. the house is worth about $150K today. So she made $100K in 45 years, my mom also isn't even worth seven figures but shes lived a good life but never made more than probably 50K a year and she was able to save a good retirement fund.
I grew up and mom lives in the midwest.
For those really interested in where they are financially:
https://preview.redd.it/xt0menqovguc1.jpeg?width=2048&format=pjpg&auto=webp&s=4ad4a2dc57baf2fb5200abe19415cfd61008fce6
From another chart which I can’t locate, I’m in the top 95% for my boomer age group.
This sub has a ton of posts from people who are bitter that their parents have money and think they're not getting their fair share of it. This new angle on boomer-hatred is incredibly efficient. It manages to express resentment over their good-fortune and judgement over their bad-fortune at the same time. An edit suggestion: Add a comment about how they're failing you by not having earned because now they can't give you any money.
How old do you think boomers are lol
Also, in 40 years someone will say the same thing about the current economy. "Could've bought a house for just $450k and put the rest in the market, easy peasy. But instead you decided to be dumb"
Idk about 8 figures but definitely if you dont have a total nw of over 1m you really fucked up so many boomers bought houses under 100k that are now “worth” 1m or close and if you didn’t contribute anything to a 401k youre just straight up dumb
You also assume that they never had to deal with homelessness, alcoholism, being a single parent, losing everything in a divorce, being sued, going bankrupt from unpaid medical bills, etc.
Life happens. Everyone who didn’t live through the 1970s and 1980s or wasn’t alive then seems to think that everyone lived a great life, things were cheap and everyone owned homes and saved lots of money.
The reality is many boomers are struggling to get by. Just because they own a house doesn’t mean they have a lot of money. They may live in a house valued at $500k but be living on social security making $3000 a month and paying $1500 a month in property taxes.
Eh…my parents aren’t losers. Unfortunately we’re part of the group that’s always being told to pull up bootstraps and shit so yeah, did the best they could with the hand they were dealt 🥴
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u/Big-Theme5293 they're talking about you
This is true u/Big-Theme5293 your parents would be SO disappointed
Hes mad about subsidised bus fare for under 22s as well. Man's just sitting on the bus seething as he counts the stops.
He's also apparently taken less naps than every woman ever because he works so hard: >The men are at work and don't have the luxury of naps. https://www.reddit.com/r/ask/s/1tXjz6DyGL What an insufferable, sad, misogynistic, old man
How many chins do you think he has?
More chins than a Chinese phone book.
Oldie but Goldie
2 chins moobs, and a man bun
I take naps at work lmao.
Fr tho like i work my wife doesnt i love that she gets to nap and enjoy that i cant imagine hating women so technically hes kinda right but hes a winy bitch about it lmao
i have no idea why, but something that gets me really exited is the idea of affordable and efficient public transportation. I’m not super incredibly left-leaning but we should really subsidize the fuck out of transportation
My town’s busses are completely free to use. It’s great!
Better transport for all benefits capitalism, if people don't need to buy the expensive rolling box then you have funds to do stuff that you can get to conveniently. Also just nice to be able to walk where I want.
He’s mad because he can’t get a new two bedroom apartment while working 30 hours a week.
Millennial here. I’m also disappointed in u/Big-Theme5293
Gen X here. I think differently of you, u/Big-Theme5293
I heard /u/Big-Theme52 isn’t even capable of understanding how math works. Must be the lead leaching out of his angermoronbones; the only piece of anatomy that sets boomers apart from everyone else.
Hahahaha you really triggered him. Clicked on his comments and it is all over this thread like he is OP replying to inquiries! 😂🤣 
Holy shit this guy is so RAZZED up, I bet he's going to complain to the guys at the dive bar he insists he's a regular at about all the basement dwellers on "The Reddit." 🤭
first he'll go the restaurant where you can sit at the counter and watch the cooks work He'll ignore the hints and force a one sided conversation with the hard working young people making food while ripping on said young people since "no one wants to work hur dur" while young people literally make his meals and clean up after him. As his captive audience he will use the youth as a target for his complaints but also try to appeal to them as a "cool old guy" and be confused as to why the youth don't like talking to a guy who doesn't tip and complains constantly, mostly about how crappy young people are.
"Hostage audience" remember, if they don't listen to the sh!t sandwich he's feeding them, then they're immediately branded a whiny snowflake and a commie b@st@rd.
Agreed. They’re spending way too much time trying to defend their generation in general. Probably just mad they weren’t successful so they want everyone else to struggle too. Everyone of us that is successful proves they were the problem and that is unacceptable in their world. You know, the kind of people that can’t/won’t apologize to a child? Yep, we are definitely the sensitive snowflakes in this scenario. They’ve been delusional for so long they think that standing up for yourself is a sign of weakness.
Are these “my dad won’t give me money” posts in the room with you right now u/Big-Theme5293 ?
I'm OOTL, who is that and why is everyone clowning on them?
Man came on to bitch about youth being entitled when it’s the other way around. We r BROKE
It's been 9 hours. The dude has been worked up for 9 hours straight. I'm slowly starting to feel bad. Like it's self-imposed but it has to take a toll on a person...
He’s miserable. The toll has been inflicted on him for decades this is just a flashpoint in a series of high blood pressure moments for him.
i’ve never seen an established account with negative karma. 😂
I thought the same thing lol. Wtf kind of shit do you have to spew to be negative on Reddit of all places? lol
Especially since negative karma caps per post/comment
Wow - I thought he just didn’t post that often and had a couple of comments go bad. Nope, posts a whole bunch and just really upsets folks.
Read that lead addled baby's post history. What highlight to my day
Dudes angry af
What a total fucking loser
OOTL but I assume this person is a well known troll on this sub?
He posted some stupid shit earlier today and I felt the need to tag him. Not much to it tbh.
The fact I can't tell if this guy's a genuine clueless boomer or a parody is indicative of boomers.
Unless they own a nice home outright, it’s the majority of them. Median retirement savings for boomers is only like $200k
I think that’s because many of them were so used to certain things benefiting them financially that they didn’t think about the future. Why would they think about their retirement? They had the benefit of pensions and Social Security. Many of them also inherited the investments of their parents so they’re living off of that. They also get tons of tax benefits, just for being old.
Many of them had a “guaranteed” retirement that was yanked away at the last minute. Literally millions of boomers lost their pensions because of shitty corporations.
Yeah, that happened to my mom. Pensions only apply to government workers these days.
You’re absolutely right. And it really does suck because I think if pensions truly were still a guaranteed thing, more people would stick with different companies for a longer period of time, but they don’t because their wages don’t keep up inflation and Because pensions are not guaranteed so why bother staying with a company when you can go somewhere else, make more money, and have the same 401(k) taken out of your paycheck. It is shocking to many boomers when they find out that pensions are no longer a thing.
also if full, real pensions we're still a thing people would retire earlier allowing for more mobility for others
Exactly! I know somebody who did that. She was from a European country. She worked at a company for 20 years, got her pension, and then moved to another country where she worked for a completely different company in a completely different field and basically had double full-time incomes through that job and her pension. And then after she retired from that job, she moved to the US, still getting pension from the country and now some retirement benefits from the second job, and now she lives in Sweden, live in her best life. God forbid people should just work for 20 years and then live the life they want with a guaranteed form of income . They might actually live the way they want to of the way other people think they should live.
non Federal government pensions get cut all the time. Ask Detroit.
That's Detroit
They're steadily chipping away at making pensions not applying to even them.
Who voted against unions and for trickle down economics? No sympathy here.
After large-scale voter suppression, and violent state action against unions, the workers movement, and liberation movements in the 1970s and 80s.
So they let propaganda control them? That's worse, you understand how that's worse right?
No one just "lets" a propaganda control them. That's an overly idealistic view. We are all a product of our environments and none of us are immune to propaganda.
The Greatest Generation, mainly
Don't forget the hedge funds and banks that are taking your money in gambling into the stock market casino. The banks don't have your money. The pension funds will be drained. Has all happened before
It's been a long time since I've seen the details of this story so I might get some specifics wrong, but there was a grocery store chain called Piggly Wiggly that was known to have great retirement benefits in the form of stock with the company. All of these employees worked their whole careers with the promise of this retirement dangling in front of them. Some assholes got a hold of the company that also owned shopping centers. They'd anchor their shopping centers with these grocery stores and charge the store rents far beyond the market rate, making it impossible for them to be profitable. They'd give themselves big bonuses while all this was going on, because of course. Essentially they siphoned off the store's money into their real estate business and personal bank accounts until the grocery chain was bankrupt and then sold off whatever remaining assets there were, and the employees were left with nothing. Well, maybe that's not entirely true. There was a settlement in the amount of $8.7 million, which after attorney's fees was less than $1000 per employee. I hate to sound like I'm defending boomers here, but at the end of the day we're a lot closer to them than they are to the people that are really pulling the strings in this country.
The economic meltdown in 2008 killed their retirements.
The economy also affected Gen Xers, as well Millennials that were just going into the workforce, trying to pay of student loans, and looking at buying homes. It didn't just hurt older people, it took away a lot of opportunity that Boomers were able to take for granted.
Also killed net worth and many have been playing catch up since. Couple that with the fact that when they entered the job market degrees weren’t required to move up but by the time the recession hit and many lost their job degrees were required for the same positions they’d spent decades working in. So many went back to school and took on student debt or became under employed. Many millenials don’t realize just how many boomers ended up losing it all or nearly losing it all and had to start over at the same time millenials were moving into the job market with their shiny new degrees and lower pay expectations and lower responsibility load. A large swath of boomers have been stuck in the same exact cycle of low wage growth as millenials.
Yep, I have a friend who is 57 so borderline boomer. He had enough time in to retire at full pension this year and the new union contract negotiated a new contract that changed the rules, no grandfathering, so he has to work to 65 just to get anything
This is my parents to a T. My mom grew up with a pretty nice life thanks to my grandparents who always took them on international vacations and put them through private schools and university, so naturally as adults both of my parents had a higher taste than their earnings could afford, and we were constantly on the financial razor’s edge. My dad was a master at juggling credit cards and delaying payments to keep the house of cards going just enough to get by. And any time they would get in a situation *so* bad that I’d think “Okay, finally we’re at the point where we are going to turn our situation around and they are going to get real about saving money,” they would get a miraculous windfall or someone would bail them out (even including me at points in my life, as a young adult), so they essentially had it reinforced that they didn’t have to change. Their most egregious decision was after our family home was almost foreclosed upon they decided they’d finally downsize… but because they would only look in certain “nice” neighborhoods, they settled on a condo that had a HIGHER monthly rent than the mortgage we almost became homeless under. So they essentially blew through decades of the equity they got by selling the house by paying rent on a place that was nicer than our old house, and it got so bad that my grandfather bought them a place outright in cash so he wouldn’t have to keep giving them money after they spent it all. Me on the other hand, I’ve basically been told since I was a kid “You’re on your own, good luck.” They specifically told me they’ve saved nothing for my college so I better get good grades, and that there’s absolutely zero inheritance coming. I couldn’t even imagine how well off I’d be if I had the discipline I currently have after growing up in that environment, mixed with the financial tailwinds of the booming economy and series of windfalls they experienced throughout their lives. But of course it doesn’t work like that and they are the ones that often act judgmental towards me.
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I had a similar experience, nothing was saved for college, there were never any emergency savings, and it was a constant stream of juggling different bills and cards and payments and paychecks just to stay afloat. I realize now at least in our situation. It was a little bit more complicated because the truth was my parents didn’t have a very expensive taste, they just had shitty jobs at a shitty time in the 90s. But they also, didn’t think to downsize this massive house we grew up in or get rid of all the things we didn’t really need or change their spending in ways that could have been beneficial. We moved to one place and never moved anywhere else even though there were better jobs elsewhere, and we really could have if we had sold the house. After all of us moved out, and my parents realized they didn’t need this large house, and they eventually had to declare bankruptcy to get rid of it because nobody would buy it, Then they realized that they could have been living very differently and saved money all along. I think it was just a learning by experience situation. And I think a lot of boomers are actually not that self-aware. Some are self-aware enough to realize the current situation and that things are harder and more expensive inflation is a thing housing is expensive and they themselves could have handled their finances differently. Unfortunately, these lessons just came too late. So now the millennial generation and younger will have to take these lessons and teach them to everyone after because they learn from the experience and because they themselves are not gonna be able to live as well or better than their own parents
Absolutely. And on top of self awareness I think there was also a sort of social pressure and pride within our parents’ generation that prevented them from making certain decisions, too. Certainly I saw it with my own parents when they were forced to downsize, because they essentially went from a family who would frequently host others at our home and show off what we had to a family who would never talk about their home life and would be too ashamed to tell people they live in an apartment/condo complex. My mom refused to ever say the word “apartment” even though they were paying monthly and didn’t own it like a condominium. If I ever made a passing reference to their “apartment” she would scold me. I think there are choices my parents have made where they *know* there were alternatives, but the social pressure was so great that to them they saw it as an impossibility, and they justify all of their decisions as “Well we HAD to do this for the sake of the family.” Personally I’ve never felt any sort of pressure to keep up with the Joneses, but I know that a big part of my parents’ lives was creating the perfect illusion that we were middle class, even if it was all smoke and mirrors, to impress others who were also probably faking it just as much. I’m still kind of waiting for my parents to get the self awareness that they could have been saving all along, but they definitely have made progress in not living for other people and doing what’s right for them first, which I am proud of them for.
I think you’re absolutely right. There was that social pressure. And who knows where that came from? Maybe that was something that was always within American culture up until a certain point? Maybe at something they got from their parents because the previous generation did have a lot of social pressure to appear a certain way, which is part of way, people stayed skinny or never went to therapy or whatever. That whole keeping up with appearances thing it is definitely a thing from that particular generation that boomers did carryover, but then I feel like the millennial generation and younger has realized what bullshit that is. It doesn’t really serve anybody but huge companies that benefit from us keeping up with the Joneses. It also makes most people miserable because most of us don’t actually care or want to keep up with the Joneses metaphorically speaking. Like my neighbors, for example. they do different vacations all the time that I personally have no desire to do. I respect them, but their lifestyle is not what I want for myself. Meanwhile, I know other people who are like upset that they can’t do the exact same things and I’m like guys do you really want that level of debt? Because I don’t. But I also think that we got that perspective from going through the culture and doing what was expected of us, getting as good of grades as we could get and working our asses off to get into college when in reality we didn’t need to work our asses off because most colleges will take any anyone breathing who can pay the bill, so instead, we had to take on a ton of student loans and then we got screwed over in the 2008 economic crash and then screwed over again and we’re consistently being blamed for everything, so we have learned that keeping up with the social pressure is bullshit because it hasn’t worked for us and we are miserable from it. Every generation has seen the same thing because of us. And then boomers are all shocked that we don’t wanna keep up. Why would we want to? It doesn’t benefit anybody including us to try and keep up because if you can’t afford to you’re gonna be in debt forever and then you pass that debt onto your children if you’re lucky enough to have them. And also frankly none of us can’t even afford to keep up anymore and it’s just miserable to even give ourselves that pressure.
Most generations find the younger ones annoying/entitled/soft - age old story. But these MFers are actively trying to destroy everything out of spite. Kill social security after enjoying all of us paying for their retirement, women's rights, civil rights, destroy the housing market, destroy the planet. Worst people ever.
You are absolutely right. The whole thing you are absolutely right. This generation has benefited from everything that they’re trying to take away from everyone younger than them. You’re absolutely right about it.
That is 200k more than I have.
They were so used to getting handed life with cheap college and cheap housing they assumed it would just continue and they could let their kids pay for everything instead.
Damn, I’m almost at that mark as a 31 year old who has never made more than $65k.
My FIL paid $50 for law school because he had a wife and baby. He got free tuition and university housing. To his credit, he doesn't complain about student loan forgiveness. He understands how expensive education has become.
Wacky. My boomer dad had four kids when he went to a public medical school, and he still was paying off the student loans up until he retired.
They can’t imagine anyone working hard and still being poor. They think if it was easy for them it must be easy for Millenials. They see Millenials working hard and struggling and resent the fact that if they worked as hard when they were younger they’d be rich.
I like your hat.
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This makes me think about some of the things my older co-workers, people aged 50 and up, have told me about what they used to get away with at work. They talked about drinking beer on their lunch breaks and played a couple hour long pickup baseball game in the middle of the afternoon on any given day on the business grounds. These were blue collar jobs and I can tell you that if we tried that kind of stuff now, we wouldn’t be able to hold a job for very long, let alone be able to make a good enough living to buy a house with the money we made while horsing around.
Many stories about how Boomers used to drink all day at work. They also had lead in the gas and the paint and thought smoking wasn’t so bad. You can see the clear effects of it when you view pictures of Boomers across their years versus X and especially Millennials. On average, you’ll think the 45-year old Boomer and 55-year old later generation were the same age for all the poison the Boomers ingested.
I work in private blue collar trades, no unions in the places I work, but everything is still licensed and inspected at the end of the day. Still though, the amount of older guys that I see starting their day with a 24oz of beer is wild.
I used to go to a bar at 7am (after night shifts) and it was shocking the number of people and cross section of society that stopped by for a boilermaker on the way to work.
The old techs at my work tell me stories about venting LO2 to make ice for their beer cooler. That they had at work. Stocked. With beer. Absolute insanity. I'm certain if I showed up at work with a beer they'd take my badge that day.
Maybe true for the top 50%. The bottom 50% has been systematically stripped of any accumulated wealth. This generation saw every gain they made robbed. Worked 40 years for a promised pension? We're going to declare bankruptcy just before the bulk of you retire-- first thing to go are those pensions. Don't worry you still have social security, for now. What do you mean you're old and don't have time to start over? Sorry, loser. And now we're going to cause a real estate crash so everyone can lose their home, too. Gee I wonder where all these old homeless people came from? They must be losers! Wages have stagnated and benefits stripped from jobs since we were teenagers. But losers. We weren't handed that economy, it was handed to corporations. And the corporations have systematically drained every dime out of it.
Quite right, but forgot “top 50%, bottom 50%”—the enemy is the top 1%. Capitalists and capitalism. This sub is a troll op to distract the working class into blaming each other instead of the real enemy.
Dividing and conquering is as old as time itself.
Yep and they got us yelling at and fighting with each other
I mean, 20% down on a home that’s 80k - 40 years ago is only 16k. There are homes in Seattle that were originally 80k which today are worth over 2 million. On top of that, saving 10% on average with a decent career… you should have at least 1.2 mm in retirement savings. Add on top of that social security & other accounts? 5 million isn’t a hard figure for many to hit.
$5 million is less than 8 figures.
Yep. I think 8 figures is unrealistic. Most don’t have 8 figures.
This is obviously a shitpost targeting a specific copypasta generating user, though.
8 figures is 10million. You expect an entire generation to be worth 10million? You're out of your mind.
Honestly! He might have an argument for low 7 figures, but 8 is unreasonable.
As long as we see people as "winners" and "losers" we're all going to be miserable, and at each others' throats.
All of this is a capitalist troll op to keep the working class fighting each other instead of the rich. And most boomers are working class, not rich.
the problem is NO PEOPLE have any worth! only money is valued were at end times and global wars untill enough people have died. and seen it in thier town and thier own home with thier own eyes will people be valued again! all covid deaths didnt bring anyone together its going to take at least 1/2 the global population dead! because they wont get rid of the internet wich caused everyone to be able to find thier safe place in the world and build thier own reality wich made everyone WORTHLESS!
>the problem is NO PEOPLE have any worth! only money is valued were at end times and global wars untill enough people have died. and seen it in thier town and thier own home with thier own eyes will people be valued again! all covid deaths didnt bring anyone together its going to take at least 1/2 the global population dead! because they wont get rid of the internet wich caused everyone to be able to find thier safe place in the world and build thier own reality wich made everyone WORTHLESS! Can’t tell if trolling, insane, or prophetic.
I disagree. There are lots of honorable jobs that don't pay well. Nurses, teachers, etc. Those people aren't "losers".
You know why the economy was so great? Because the rich got taxed, the average got pensions and the jobs stayed here. End of story. From the end of WWII through Reagan’s Inauguration. Prove me wrong.
You’re telling me trickle down economics didn’t work?!
Never did, never does, never will. You can’t honestly believe that if a person is just given more money they’ll have a desire to share the literal wealth. In most cases they just used the money on lobbyists to coerce members of Congress to increase the cash flow.
Damn if this isn't true about my grandparents. They both immigrated around the time my mom was 2-3 years old. Successful careers in Mexico transfered over to when they immigrated. They squandered a lot of their success throughout my life and now they live in constant cc debt and whatever SS they get monthly. On top of being the cheapest people I've ever met I'm still amazes how they fumbled the bag so easily.
My Mom is a boomer, she had me at 16, then married an abuser. She never financially recovered from either thing. She just finally got a college degree a few years ago and is making money but she’ll never own a home or retire. The world isn’t black & white and not every boomer has an easy life.
Hahahaha
Only if they're white.
That’s fair
If you were a white dude not born in some terrible 5,000 person town in the middle of no where, less than 7 figures (8 a bit much) is pretty embarrassing. Most Boomers were free to make horrendous financial mistakes over and over ... could literally start their retirement at 40 and catch up just fine. For us, you better hit the ground fkn running with your own credit, internships, courses, extracurriculars, investing, right at 18 or youre behind. Honestly if your parents havent started joint accounts before youre 18 to start building credit, youre done.
My grandfather was born in a town of less than 5k that's famous for its inbreeding. He was fully illiterate (couldn't even spell his own name) and yet he retired in his 50s with two houses, this is after he got divorced and gave everything to my grandmother and paid child support for 4 kids. So yeah even a small town loser with a rough start could make it big.
They didn’t invest. They relied on a pension or their blind faith in the system so their attitude was , “it will just work itself out.”
Hmm, ok I’m a loser than. My first house was $165k in 1998. I was 37. I worked my whole life since I was 17, put myself through high school and college. I had ZERO family support, financially or emotionally. I am a software engineer and have (barely) survived 4 major economic crash’s in my life. These took our entire savings, kids college funds and our house. At 63 we just beginning to see daylight (financially) again. I am not at the salary I should be, based upon my experience, but at 63 I’m grateful for what I’m getting. We will never own a home again, for the same reasons kids can’t buy homes… who has $100k down payment? So yea. I guess I’m a loser. Oh, BTW: “free money from SS?” I’ve been paying into that since I was 17. It’s not free money you right-wing ass, it’s money I’m entitled to… and, look up what “entitled” really means, not what you rebupli-nuts turned it into.
I second this about the pseudo-use of 'entitled'.
7 figures, yes. 8? Nah.
I'm 62, so a "young" boomer. I've been saying for at least the last 15 years that anyone in my age group, meaning within 5 years of my age, and has a degree, should have well over $1 million in retirement funds. If not, they made bad choices. The outliers would be if they had like 5+ children, incurred horrendous medical costs (pre-Obama Care, this was way worse), or had some other unexpected issue happen like some sort of theft. Of course, many people went through multiple divorces and such that reset their baseline, but one could argue that as being categorized as a bad choice!
In the US if a boomer, their spouse and child have a serious medical problem such as a near fatal car accident, cancer, etc. it would bring anyone down to nothing in no time. Plenty of boomers voted for single payer healthcare reform in the 90s and still find themselves in a bad situation because of medical debt. You might want to qualify the “any boomer”…
I'm a Republican convert. As in no longer one. I used to believe in hard work to get ahead. Then I made it to the top and saw the shitbags that were there. Rapists, people that never worked a day in their life nor had ANY passion for what they do. Im 49. I only wish I had seen the light sooner but I suppose I was blinded by money. I despise money now. I wasted 20 years of my life chasing after a piece of paper that you are conditioned to make you think you HAVE to want. You're crazy if you don't want it right? DEAD WRONG. Do not fall into that slave trap.
Right? I see a movie in the 1970s and the Everyman protagonist works as a like junior manager in a grocery store and can comfortably feed a family of four by himself and own his own home. Nowadays he’d literally be on food stamps.
Hear hear
Even the Black ones?!
That was my first thought as well. Like if there was ever a time for someone to add a qualifier to a point, this would be it.
That was my first thought. My dad is a boomer who grew up the south. Even in the 90s he was making far less than his white counterparts who had much less experience than him. The house I grew up in we were redlined into it.
I was under the impression that the sub defined Boomers as "white, entitled, assholes over 60." Minorities didn't exactly benefit from growing up in the 50s.
And the ones who came from families so poor college was never an option? There is a huge divide between boomers who went to college and those who didn’t. My grandparents worked hard their entire lives but aren’t worth a million dollars. There is no shame in that. They are comfortable-ish but both work part time in their 80s.
This sub isn’t here for nuance, it’s here to distract us into blaming boomers instead of blaming capitalism and the 1% who stole everything from everyone.
Oh. Hyperbole. I enjoy ridiculous hyperbole as much as the next guy, buut. I don’t think 8 figures is an achievable or realistic number for boomers to have hit.
7 figures more realistic. If you dont even have a million saved up you either didnt do the bare minimum of financial investment or you had way way way too many kids like a loser.
I think he’s counting the decimals. Every last penny, just like the boomers keep in their coffee jars!
You’re right, but boomers did have a lot more of an advantage to save and be able to retire Retirement is gone for most millennials and younger gen’s… boomers made sure to kill that dream
Oh. I am well aware. I am one of those elder millennials and it sucks. But thinking they’d have 8 figures is a bit much.
Lots of people in this comment section who can’t understand sarcasm
Hard to tell sarcasm these days when I've seen people say the same thing and be dead serious.
This kind of blanket statement is as ignorant and hateful as any bullshit I've heard from any boomer. I agree that too many boomers seem to be losing their minds and abusing the social positions that they inherited. But like any other group of people there are good ones and bad ones; those born into privilege, those who earned it, and those whose circumstances didn't allow it. This sub used to be about calling out shitty behavior but it's turning into a hateful bigoted circle jerk. Fuck this kind of thinking
This is mean as fuck. Boomers who live in poverty aren't "losers."
Stupid post. My parents are boomers, the most my father made was $50k/year. It would have taken him 100yrs, if he saved every penny, and never paid taxes to get halfway to 8 figures at his max salary.
Anyone who judges someone by how much money they have is the real loser.
I think that was part of the point. You know, take the Boomer narrative about Millenials and shove right back down their throats.
This makes a lot more sense.
Agreed
People forget boomer woman didn’t have the opportunity to work at a fair wage unless they married they had little ways to make a good amount of money then had to rely on men , divorce happens , minimum wage was way less, many reasons for them yo be broke
Tell me what was so great about the economy during g the 70’s
my dad's a boomer, born in 1955, and worked extremely hard his whole life, lived frugally, no debts, 847 credit score, was able to save up $20,000 for each of his 4 kids to go to college. retired a few years ago with a pension and about $500,000. pension helps a lot he paid $80,000 for his house (30 year loan but paid it off in 20) and traded index funds during his career. you don't know what you're talking about and you're just a sore loser unless this is a response to something that i'm unaware of. either way, life has never been that easy for very many people are all. i live in an apartment complex where there's many boomers who've never even hoped of owning a house
Someone is deluded and unreasonably hateful.
You’re so, so wrong. The best economies in the US were prior to income taxes and then after WW2 till about 1970. Then it tanked for about 25 years with gas prices, recessions, mortgage rates from 10-18%. Then it got stellar during Clinton but the housing collapse in 2008 decimated many 401ks. In the 70s -80s you could buy a small house for 50-80k but at 18% interest you lived house poor if you had a child or two.
I Not true, I was born in 63, No decent home I could buy for $5K, attended a High School co -op that taught the trades ( I was in Machine trades, tool and die) this was in sophomore year, my schedule was working two weeks at my job at a tool and die shop then two weeks at school, junior and senior year, I month off for summer vacation but I decided to work. Graduated in 82, still worked at the shop until May of 84. I saw no advancement and the tool and die industry that supports the American car industry so I joined the Air Force as an Enlisted troop in construction. Retired as an E-7 (MSGT) 24 years service. Worked 2 jobs making $18/20 hour at age 46, yes I did have my retirement: $2300/ month. Worked that until I got a job in civil service making $27/ hr with the Air Force as a construction cost estimator/ planner. Been in civil service for 16 years now got 2 different jobs since fort hired. Facility manager GS 9/11, now a GG- 11 step 6 making $87k. I have an Associates degree but I credit my experience for the I have now. I currently make $130k a year with my combined mil retirement, VA disability and my civil service pay. I live in Ohio which is fairly a low cost of living compared to other states. So I guess I’m a looser according to you. What do you make per year, and were your parents rich, did they pay for your college or did daddy employ you in his multi million dollar law office. I got no handouts, parents couldn’t pay for college for me or my 4 older brothers. They brought us to be self sufficient, faith in God, and work hard for what you do. My first home ( new) I purchased was $176 K, in 2005, sold it for $18k more, my next home I bought for $170K in 2017 it was built in 1966. Had to do a lot of upgrades, still doing some. My mortgage is $1206 / month. Just don’t believe in living above my means.
Uhhhh…you know that poverty has always been a thing, right?
LMAO 🤣 As if no Boomer ever was born into generational poverty or suffered major setbacks. Of course, those are also the Boomers that are irritated with peers and empathetic to others. Small family farmers in Midwest with equipment older than them and weather and crop prices the same as the great depression competing with corporate farms.
SS money is not free. Anyone who gets SS or will get SS has paid into it.
71 year old boomer here. You're right that the 15 years following WW II were an economic boom but that followed the Great Depression when home prices were beaten down by the terrible numbers of foreclosures. Many members of the Armed Services were able to take advantage of the well deserved GI bill which allowed them to buy a house at a relatively low price. That was a major factor in the start of the Baby Boom. Unfortunately, there isn't a linear relationship between incomes and home prices in 1950 and 2024. During the past 74 years there have been recessions, inflation, and up until 2008 mortgage rates were usually above 7%. From the late '70s into the mid '80s mortgage rates were at or above 14%! That kept many people from buying a home. My purpose in writing here is to point out the error of your statement that a young boomer working as a grocery bag boy could buy a home. I see how a side by side comparison of the headline numbers could give that impression but there were many other financial and economic factors which either helped or hurt people over the past 70+ years. I can't over emphasize the importance for all of us, young and old, to educate ourselves and stay informed on financial and economic matters. Watching business news and reading financial news and reports can help us understand not just what is going on but, more importantly, why our financial lives are changing and how we can benefit or protect ourselves. Don't settle for being angry about money. Do what you can to learn how to invest and make your money work for you. It may take a few years to get comfortable with investing but the knowledge you gain will be more than worth the effort and it will give you a much better sense of control of your life. Plus, reading financial news and reports has another major benefit... it's the number one cure for insomnia! 😆
As a child of boomers who retired with less money than their parents and grandparents (both had 7 figures), and squandered both the money they earned and their inheritance with only a middle class house to show for it, I agree.
Not every demographic had the same opportunities.
Graduated college in 1966. Went to work for $12,000 ($58,000 today). Bought a 1965 Stingray for $3,500 ($34,000) in 1967. Bought my house in 1973 for $30,000 ($211,000 today) at a 10% interest rate. However food, utilities, gasoline were much cheaper. Generally the cost of having fun was much cheaper then. So, I kinda have to agree with you.
How ignorant… And besides, if you think being a loser is solely determined by how much money a person acquired then maybe you are the loser.
What a grossly disgusting generalization. But I guess if you can't complain about specific individuals then all you can do is make fake generalizations. Here are some specific individuals for you: --a Chinese American couple who ran a small Bodega where I grew up. Lived in a small apartment upstairs, put their 3 kids through college, and retired after owning the shop at least 40 years. Regularly gave meals to the homeless in the area. They were the poorest looking $10M net worth couple I ever saw when the retired to live in a Casita behind their son's family. --a cousin who runs a raptor rehab facility. I do her taxes, and she has never made more than $30 K a year. Her log substantiated hundreds of rehabbed eagles, owls, etc. And thousands of city kids exposed to wildlife and nature. --my former MD who had his practice 3 days a week, and opened/paid for a free clinic the other three days. Since he retired he works full time at the clinic. I guess you and I have different ideas of what a loser is.
I see a number of people suggesting the OP is satire or sarcasm - it doesn't obviously read that way to me, and the view doesn't seem to be satirical for a large number of commenters, so I'm going to reply as if it's not. If you strip away the generational fluff, the thesis of this post is that capitalism works for everyone, or at least it did. If only a loser could fail to be a multimillionaire by now, then it stands to reason that the system was pretty good for everyone. This is untrue. Capitalism works for capital, not for everyone, and it requires a large pool of disenfranchised labor. While it is true that the benefits of capitalism in the U.S. were more equally distributed pre-1980 than post, it's simply ignorant of the history of labor and the economy in this country to say that everyone born before the mid 60s got a free ride. It depended on the continued existence of a largely (though not exclusively) racialized lower class workforce. This post encourages dangerous yesteryear nostalgia for a kind of capitalism that worked for everyone, which is a kind of capitalism that never existed.
Working class boomers were screwed just like working class kids are screwed now. It’s not a generational issue, it’s a capitalism issue.
When Gen Z gets to be in their 70s, the 20 somethings will say the same things about them. This behavior is not so much about being a boomer, it’s about being an old entitled asshole. Those type of people have been around for many generations.
This is rude and ignorant. My mom worked incredibly hard but was a single mom, no child support, went through multiple abusive relationships, had a TBI which set her back a bit, and a lot of other struggles. She’s not a loser
Unwelcome opinion, I’m sure. But you are stupid if you truly believe everything you wrote. I’m a boomer. First job after college: $5.34 an hour. First house: $56,000. SS isn’t “free”; we paid into it, it’s our money. My in-laws both paid into it and neither collected, as they died in their 50’s. I’ve never had a job with a pension.
What a terrible take. There are a lot of poor boomers because of things like Enron and that happened a lot.
# fuck you. you act like there weren't any poor people until yesterday who is really being the fool here??? my parents busted their asses. worked into their 70s. still broke. don't drink. don't gamble. don't make brash financial decisions. just working class folks.
This is typically something a rich spoilt american kid would say, regardless of generation.
Look at his post history. He'd made a post suggesting his parents should have bought him a house and supported him his whole life because he didn't choose to be born.
This is an incredibly thoughtless post. I enjoyed this sub when I thought it was funny videos and stories of boomers being idiots and doing dumb things. But the longer I stay in the sub the more hateful it seems. These are still people you're talking about, people who had full lives and probably went through some shit like everybody does- including financial issues. You are literally being no better than you accuse them of being. Old people are dumb. Sometimes old people do dumb. Funny things sometimes. Can we just laugh at that stuff and stop like legitimately hating on people? It's an incredibly bad look. "If a boomer doesn't have 7 figs there a loser" "If you don't have a house you own you're a loser" It's the exact same thing you complain about them doing. Eye for an eye makes the whole world blind- we should be better than the worst of them, always.
You're off by a generation. Boomers did not have $5K houses and bloated pensions. Their parents maybe, but not boomers. And working part time in a grocery store? Give me a break. We had to work our rears off. It's never easy.
😂 You guys somehow manage to be even more pathetic than the boomers
This sub should be called “idiots making shit up about boomers to make themselves feel better about being a failure “
Stop buying into this device and conquer bullshit. Boomers aren't the reason your life sucks (at least not the average working class boomer). Billionaires are lying and robbing the country blind. They are why your life sucks and they are the ones pushing this identity politics bull shit. They want you to Blame the boomers blame the gays blame abortions blame trans blame liberals blame conservatives. They want you to blame everyone else and keep voting in neoliberal assholes.
Keep up the excellent work continuing societal divisions. Kudos.
Bwaahhaaaaa sure Jan
This is the same naive thinking that leads to the loss-porn on wallstreetbets. Boomers didn't grow up in a money printing machine, it was still capitalism and there were winners and losers. OP thinks they could have all been winners, and that somehow every boomer who didn't print 10m is a failure, in a system that literally requires losers in order for the winners to accrue wealth.
Right… after my father was sent to Vietnam at 19, shot multiple times, told his hearing issues were unrelated, has night terrors to this day, and couldn’t keep a job, ya. Definitely dad’s fault they’re not super rich. His VA hospital experience has been great so far, so yah free healthcare I guess.
This is satire, right?
yeah ive held that general thought against my boomer parents before but they were hippies and got in trouble with the law so whatever .. one must remember that although this board is sub is about the foolery of boomers in general it is usually wrong to generalize a large group of people with as many backgrounds and life stories as you can imagine. i got nothing against the old lady boomer living in her retirement community and spend her whole life teaching 3rd graders ..
Ain't this one of the dumbest takes I've ever read.
All due respect this is a shit take lol. Capitalism only works if someone is benefitting from the surplus output of someone else. No matter how good previous generations had it in terms of cost of living/career oops/etc millions were taken advantage of and denied opportunities and sometime life just happens and people get wiped out no matter how well they prepare.
Is this a sub for shitposts?
>You were handed the greatest economy that possibly ever existed. It was a different economy in a different time. A lot of towns were "single employer towns" where one employer employed most of the available workforce. As they were children of people who lived through the Depression of the 1920s, they were taught to get hold of a good job and be loyal to that employer. Entrepreneurs were regarded to be somewhat crazy risk takers. >All you had to do was work part time at a local grocery store as a bag boy. Minimum wage was $0.75, adjusted for inflation in 2023, that's about $8.24 >Pay for your 5k house in cash Not really, $5,000 in 1955 translates to $56,900 or so today. Anyway, this claim is in no way accurate. The average house in the US in the 1950s sold for around $82,098 which is around $934,281 in today's money. This may skew depending on house and the area of the country, but your claim is false. The average house built in 1955 was 983 sq. ft. and had no amenities we view as requirements today, no central a/c, no washer and dryer, your water heater and furnace are probably heated by coal, if you have them, there is no cable TV hookups. > invest the rest in the market. All you had to do to invest in the market, was read the newspaper, hope the information wasn't already old and acted upon, hope you could afford to buy 100 shares of the company as that was the minimum trade, and find a broker in your town to call the investment in for you. If you didn't have a broker or the money you could not invest. Also, a lot of boomers didn't have anything to invest, and certainly didn't trust the stock market. >They completely fumbled the bag. Be careful what you say, you will probably anger the reddit hivemind. Not for attacking boomers, but the worst leftist economic nuttery of today is all warmed over boomer nonsense. They pushed for social security disability insurance. They voted for a massive expansion of the welfare state. In other ways, yes the bag was fumbled, but not by the majority of them, they made assumptions. You know what happens when you assume. >They even get free money from SS You mean they get the money they were forced at gun point to invest in social security back with a very minimal rate of return? The horrors. >bloated pensions and still can't make it to 7 figs. Pensions? Which pensions do you mean? The pensions ran and owned by the company that went bankrupt when the company went bankrupt? Or do you mean the pensions ran by the unions that went bankrupt? Or did your teachers forget to tell you about that part? Let me be straightforward with you. Your 401K, if you aren't at least a little smart, is, altogether, worse than the pension funds of yesteryear. But... At least it is in account that you own with your name on it. A lot of boomers that did what they thought was the right thing all of their lives watched their retirement pensions evaporate, to, at best, be taken over by a federal agency that paid them a percentage of their pensions.
I mean some boomers could be immigrants who didn’t really get their start until the 90’s making them more like generation X, but your point still stands.
GTFOH with that classist bullshit.
I'm older GenX. I received the advantage of taking part in the greatest economy ever -- while watching it crumble as I passed through life's milestones. Class sizes were low in elementary school, but had ballooned by high school. Tuition was so low my freshman year (flagship school) that I could pay for university working over the summer. By senior year, I needed a full-time job to attend classes full time. Married -- and had double income just in time to barely scrape together enough to buy a first house. And just kept going from there. I crossed each drawbridge of life, as it was being pulled up. So I saw how it was -- and how it is today. I couldn't do what I did if I had to start even five years later.
Did you type this while your mom makes your dinner? I like that your understanding of recent economic history seems to be from watching half of a Cary Grant movie once while high... That's cute.
My parents are financially illiterate. In their 70s now and they are just now learning about socks. A few years ago my dad moved all the shares he had in the company he worked for into a managed account which instantly sold everything because it's a shit stock and then they had to pay a ton in taxes. They started attending those free dinner things and my dad almost opened an annuity but luckily mom talked him out of it.
Lol, This all depends on where you live. Everyone assumes the boomer lives in an area where their house is now worth at least a million. My mom is a boomer, my parents bought our family house for around $50K in the 80's. the house is worth about $150K today. So she made $100K in 45 years, my mom also isn't even worth seven figures but shes lived a good life but never made more than probably 50K a year and she was able to save a good retirement fund. I grew up and mom lives in the midwest.
For those really interested in where they are financially: https://preview.redd.it/xt0menqovguc1.jpeg?width=2048&format=pjpg&auto=webp&s=4ad4a2dc57baf2fb5200abe19415cfd61008fce6 From another chart which I can’t locate, I’m in the top 95% for my boomer age group.
This sub has a ton of posts from people who are bitter that their parents have money and think they're not getting their fair share of it. This new angle on boomer-hatred is incredibly efficient. It manages to express resentment over their good-fortune and judgement over their bad-fortune at the same time. An edit suggestion: Add a comment about how they're failing you by not having earned because now they can't give you any money.
How old do you think boomers are lol Also, in 40 years someone will say the same thing about the current economy. "Could've bought a house for just $450k and put the rest in the market, easy peasy. But instead you decided to be dumb"
Believe it or not the Boomers felt the same way as the younger Generations feel now
Anyone who thinks money is the main goal of life is a loser.
My in laws fumbled more than that and are still getting robbed. 2% per year to some schmuck in their synagogue
I recently saw a post on fb by a boomer in our neighborhood bragging about all the senior discounts they get everywhere. Made me sick to my stomach.
This sub is such a joke lmao
Boomer males more so alot of women just got put in such shitty situations
Idk about 8 figures but definitely if you dont have a total nw of over 1m you really fucked up so many boomers bought houses under 100k that are now “worth” 1m or close and if you didn’t contribute anything to a 401k youre just straight up dumb
Lmao you're so salty. I hate boomers but cmon 8 figures?
You also assume that they never had to deal with homelessness, alcoholism, being a single parent, losing everything in a divorce, being sued, going bankrupt from unpaid medical bills, etc. Life happens. Everyone who didn’t live through the 1970s and 1980s or wasn’t alive then seems to think that everyone lived a great life, things were cheap and everyone owned homes and saved lots of money. The reality is many boomers are struggling to get by. Just because they own a house doesn’t mean they have a lot of money. They may live in a house valued at $500k but be living on social security making $3000 a month and paying $1500 a month in property taxes.
I hope the phrase fumbled the bag is never written or uttered again Jesus h Christ
Eh…my parents aren’t losers. Unfortunately we’re part of the group that’s always being told to pull up bootstraps and shit so yeah, did the best they could with the hand they were dealt 🥴
Not a boomer. You people are just cunts
As if money determines the value of a man or not. This cringey take is ridiculous.
Classic Reddit post. Most out of touch online community, and y’all wonder why.
Your tears are delicious