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Posted on 12/28/16 at 11:29 am to TigersHuskers
Boomers ruined it for literally everyone else. Millenials have an attitude problem but they have not had their chance at power yet
Posted on 12/28/16 at 11:37 am to RogerTheShrubber
quote:
not sure how they destroyed the economy either.
In part by failing to adequately prepare for retirement.
Posted on 12/28/16 at 11:43 am to TigersHuskers
The young SJW's are a pretty "uppity" group.
Posted on 12/28/16 at 11:47 am to TigersHuskers
They're the reason health care costs are insane, the reason we got into the longest war in American history, sky rocketing college tuition rates, the Great Recession, and a host of confusing social issues. Without a doubt they detoured us.
This post was edited on 12/28/16 at 11:48 am
Posted on 12/28/16 at 11:49 am to Rhino5
This
How low IQ does one need to be to deny the boomers royally screwed are country
How low IQ does one need to be to deny the boomers royally screwed are country
Posted on 12/28/16 at 11:49 am to Peazey
quote:
not sure how they destroyed the economy either.
In part by failing to adequately prepare for retirement.
Most boomers aren't retired yet. Many because of the stock market in 2008-2009.
People live longer, retire later. Trend will continue with the next generation.
Posted on 12/28/16 at 11:54 am to RogerTheShrubber
quote:
Many because of the stock market in 2008-2009.
The majority basically have nothing saved. That's not 2008's fault.
Posted on 12/28/16 at 11:57 am to rocket31
quote:
How low IQ does one need to be to deny the boomers royally screwed are country
nice
Posted on 12/28/16 at 11:59 am to TigersHuskers
F'n Millenials
Posted on 12/28/16 at 12:02 pm to I Bleed Garnet
Being able to afford a home and a car with a high school diploma 
.
All you Generation X & Millennials need to pull yourself up by your own bootstrap.
. All you Generation X & Millennials need to pull yourself up by your own bootstrap.
Posted on 12/28/16 at 12:03 pm to GreatLakesTiger24
quote:
The majority basically have nothing saved. That's not 2008's fault.
Derp
LINK
quote:
Just a few ago in 2011, 84% of Baby Boomers who were still working had some retirement savings. At that same time, 69% of the already retired had some retirement savings.
quote:
Possible causes for why Boomers are lacking in retirement funds are multi-dimensional. One reason is the big stock market decline in 2008-2009 that scared some Boomers out of the markets, inciting them to miss the subsequent rebound. Seven years of low interest rates have drastically damaged the funds of savers and retirees as their money is earning virtually no interest. Also, with wages plateauing, it’s difficult for most workers to ramp up savings.
Boomers haven't destroyed the economy. Now, if you're looking toward 2030 that may hold truth.
Posted on 12/28/16 at 12:04 pm to rocket31
quote:
How low IQ does one need to be to deny the boomers royally screwed are country
Perfect
Posted on 12/28/16 at 12:05 pm to austin2015
quote:
Being able to afford a home and a car with a high school diploma
Some people can't even afford that base on what college they went to.
This post was edited on 12/28/16 at 12:06 pm
Posted on 12/28/16 at 12:18 pm to RogerTheShrubber
From your link:
Like I said, the majority have practically nothing saved. Baby Boomers have been extremely financially irresponsible on both the individual and government levels.
And boomers missing the rebound isn't an excuse. Don't be financially illiterate.
quote:
Thirty percent of the respondents age 55 and over claimed to have no retirement savings. An additional 26% reported less than $50,000 saved for retirement
Like I said, the majority have practically nothing saved. Baby Boomers have been extremely financially irresponsible on both the individual and government levels.
And boomers missing the rebound isn't an excuse. Don't be financially illiterate.
Posted on 12/28/16 at 12:20 pm to GreatLakesTiger24
quote:
Like I said, the majority have practically nothing saved.
You said the majority have nothing saved.
Posted on 12/28/16 at 12:21 pm to GreatLakesTiger24
quote:
Don't be financially illiterate.
quote:
The percentage of boomers who report feeling satisfied with their economic situation has plunged the last four years, according to a new report from the Insured Retirement Institute. It’s a sharp turnaround from the first few years after the financial crisis, when satisfaction rose. But the gauge has been in steady decline ever since—just 43% say they are satisfied this year, down from 79% in 2012, the report found.
LINK
This post was edited on 12/28/16 at 12:23 pm
Posted on 12/28/16 at 12:23 pm to RogerTheShrubber
$50,000 in your 50s or 60s is basically nothing. Even $100,000 isn't nearly enough at that age for responsible people.
Posted on 12/28/16 at 12:24 pm to TigersHuskers
Yes.
Posted on 12/28/16 at 12:24 pm to GreatLakesTiger24
quote:
$50,000 in your 50s or 60s is basically nothing. Even $100,000 isn't nearly enough at that age for responsible people.
Nothing means zilch. You're citing bad information.
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