Baby boomers are fearful of soaring costs for food and housing
Baby boomers are fearful of soaring costs for food and housing
A third of older adults with credit card debt carry a balance of more than $10,000 and 12% have a balance of $20,000 or more.
Then maybe they shouldn't have spent their whole life voting for those things.
Yes, we all know they have no empathy. Their children and grandchildren have been telling them that they've been experiencing this shit for decades, but "what do they know?".
But the moment they start personally feeling it... Oh well now suddenly it's an issue and it's everyone else's fault that we let it get this bad.
Fuck boomers
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Baby Boomers are fearful of the consequences of their own actions? Boo fucking hoo
We always think of boomers as retired ski doo dealership owners because that's most of what we see in the media, but most are former working stiffs living on meager fixed social security incomes and deserve compassion.
Lots of folks finding out the hard way that capitalism throws you to the wolves once you're no longer useful
Or perhaps many of us know a bunch of boomers who were working class their whole life and yet still spent their whole life trying to kick the ladder down behind them.
I'm not saying every boomer deserves to suffer for their consequences, but the boomers who spent their whole life proudly trying to make sure nobody else could have the success they did certainly deserve whatever they have coming to them.
My mom is in her 70s, still working full time, and she can't make enough to save anything for retirement. It's not just one generation that screwed everyone else, it's a whole lot of greedy people in a lot of different age groups.
About one-quarter of U.S. adults age 50 and older
So the baby boomer generation extends all the way to the 70's now?
“Far too many people lack access to retirement savings options and this, coupled with higher prices, is making it increasingly hard for people to choose when to retire,”
"... lack access to retirement savings..." This hurts my brain to read.
At the end of the article there's a link to a "fix your finances boot camp"... smdh
as a bi trans genx'er being erased is my culture!
i had my mother ask me to reassure her I would take care of her when she got really old and can't work . she is in her 60s now and still works. I had to break it down to her. I honestly don't think i will be able to even if I wanted to.
She has no savings in any meaningful way and had this 1000 yard stare as I told her. i felt bad but when you are forced to live a minimalist mind set and don't have any social safety net. these honest conversations should be had now vs when the time comes.
To make sure they don't have the rug pulled out from under them when they day comes. I expect most boomers. See their kids as an insurance policy so don't pay attention and get manipulated into voting against their interest for two minutes of hate of the day.
Shouldn't have turned your back on socialism because you personally benefited more.
Then die already.
Man, I was going over my spending and noticed my grocery spending for the month was $900 (me and my wife). Our grocery spending pre-covid was around $300. These costs are getting out of hand.
