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re: Here's How 24% of Baby Boomers Are Solving Their Retirement Crisis
Posted on 12/28/17 at 9:35 am to Tiger n Miami AU83
Posted on 12/28/17 at 9:35 am to Tiger n Miami AU83
quote:
Fact is if Trump was not president and it was a democrat, we would not have just added $2 trillion more for my generation (X), and the next, next, etc to pay for.
How many trillion did the Kenyan add and what was your opinion on it then??????
1
Posted on 12/28/17 at 9:35 am to GRTiger
quote:
quote:Fact is if Trump was not president and it was a democrat, we would not have just added $2 trillion more for my generation (X), and the next, next, etc to pay for. You must be joking.
Dispute me. Defend your position.
Posted on 12/28/17 at 9:37 am to GetCocky11
quote:
So they refuse to retire from their primary job because they have no savings and then they steal jobs from younger people by working a part-time second job?
quote:
Baby Boomers
literally the worst generation of americans. tgoat generation raised twoat generation.
This post was edited on 12/28/17 at 9:38 am
Posted on 12/28/17 at 9:38 am to Tiger n Miami AU83
If you think a democrat wouldn't have added 140 billion per year to the deficit due to useless additional spending, I really don't think I want to even talk to you. 
The irony is you're probably a Bernie bro.
The irony is you're probably a Bernie bro.
Posted on 12/28/17 at 9:39 am to Strannix
quote:
How many trillion did the Kenyan add and what was your opinion on it then??????
Can you not read? Refer to my previous post.
Oh yeah, stimulus package - Thanks GWB (mostly for not regulating the big banks). Thanks Greenspan, thanks Bernanke and Federal reserve). We appreciate your frick ups that necessitated the stimulus and its increase to the debt.
Posted on 12/28/17 at 9:41 am to GRTiger
quote:
If you think a democrat wouldn't have added 140 billion per year to the deficit due to useless additional spending, I really don't think I want to even talk to you.
Did discretionary spending as a percentage of GDP rise or fall under Obama? Which direction did it go under GWB?
Thanks, end of discussion, I win.
Posted on 12/28/17 at 9:43 am to Tiger n Miami AU83
Oh yeah, stimulus package - Thanks GWB (mostly for not regulating the big banks). Thanks Greenspan, thanks Bernanke and Federal reserve). We appreciate your frick ups that necessitated the stimulus and its increase to the debt.
Ok let's go with your false premise, if that's true how will the tax cuts not stimulate the economy?
Ok let's go with your false premise, if that's true how will the tax cuts not stimulate the economy?
Posted on 12/28/17 at 9:45 am to Tiger n Miami AU83
quote:
Can you not read? Refer to my previous post.
Oh yeah, stimulus package - Thanks GWB (mostly for not regulating the big banks). Thanks Greenspan, thanks Bernanke and Federal reserve). We appreciate your frick ups that necessitated the stimulus and its increase to the debt.
Again, it's fine to disagree. I don't love everything any president does. Bit your attitude is lrecisy why nothing gets done. You play the blame and claim game. Everything bad gets blamed on someone and everything good you claim for your guy. It's ok to just say, "hey I thought this guy was good overall, but I didn't like what he did here."
I personally like the tax plan, but I don't like how Trump tweets and some of the other shite he does. That's ok, he's president either way, and I'll evaluate him against other candidates at the election time.
Posted on 12/28/17 at 9:48 am to GreatLakesTiger24
Think how bad it is for us Gen Xers stuck in between the crappy boomers and even crappier millineals.
Posted on 12/28/17 at 9:48 am to GreatLakesTiger24
Why the hate towards Boomers? You act as if Money is a finite resource. That's socialist thinking. If you don't like that boomer's aren't retiring, then maybe be better at your job so you can get a job like the boomers you loathe have?
I was born in 82. So i'm in that weird 5 year gap between 2 generations that would rather blame other people for their failures than actually apply themselves. Our parents were hard working. They were probably the last generation where you could have a good job without the need for a college education as long as you applied yourself. They worked at the same job for 30+ years and retired with a pension.
We grew up before the internet came to be. We were coming of age as the internet and tech started to boom. We know the lessons of hard manual labor, and smart technology. We are able to work hard, and provide for our families, and are tech savvy enough to keep up with the current job markets. We didn't grow up in the participation trophy era. Our parents didn't teach us the world owed us anything nor that we were in our position because of someone else.
Maybe, you should stop bitching about other people and achieve for yourself? Or continue bitching, you make my skillset more appealing to employers while you think you deserve $75k starting salaries with no experience and only a stack of student loans as your reference point.
I was born in 82. So i'm in that weird 5 year gap between 2 generations that would rather blame other people for their failures than actually apply themselves. Our parents were hard working. They were probably the last generation where you could have a good job without the need for a college education as long as you applied yourself. They worked at the same job for 30+ years and retired with a pension.
We grew up before the internet came to be. We were coming of age as the internet and tech started to boom. We know the lessons of hard manual labor, and smart technology. We are able to work hard, and provide for our families, and are tech savvy enough to keep up with the current job markets. We didn't grow up in the participation trophy era. Our parents didn't teach us the world owed us anything nor that we were in our position because of someone else.
Maybe, you should stop bitching about other people and achieve for yourself? Or continue bitching, you make my skillset more appealing to employers while you think you deserve $75k starting salaries with no experience and only a stack of student loans as your reference point.
Posted on 12/28/17 at 9:50 am to GreatLakesTiger24
I'm not quite a BB but I'm close( 1966) does this study say anything about them having to support their ADULT kids. I have a lot of friends whose adult kids still live at home or have to help pay their bills every month? GFY OP
Posted on 12/28/17 at 9:51 am to BowDownToLSU
quote:
I'm not quite a BB but I'm close( 1966) does this study say anything about them having to support their ADULT kids. I have a lot of friends whose adult kids still live at home or have to help pay their bills every month? GFY OP
Who raised em? People are by and large a product of how they were raised.
That arguement cracks me up Everytime.
MILLENNIALS ARE JUST PEIECES OF shite BECAUSE WE DIDNT TEWCH THEM ANY BETTER. YEAH, THEY SAVE MORE AND LIVE MORE WITHIN THEIR MEANS BUT THEYRE STILL STUPID
This post was edited on 12/28/17 at 9:53 am
Posted on 12/28/17 at 9:51 am to BugAC
quote:wtf are you babbling about?
Why the hate towards Boomers? You act as if Money is a finite resource. That's socialist thinking. If you don't like that boomer's aren't retiring, then maybe be better at your job so you can get a job like the boomers you loathe have?
I'm making fun of boomers for saving $17,000. Nothing more.
Posted on 12/28/17 at 9:52 am to Strannix
quote:
Ok let's go with your false premise, if that's true how will the tax cuts not stimulate the economy?
This discussion is probably over your head, but I will give a few reasons briefly as I need to get back to work.
1. Stock buybacks/dividends - vast majority of the corporate savings will go this direction and is certainly not stimulatory.
2. Tax cuts for the wealthy will not result in them spending it. I make pretty good money, my tax cut is several thousand. I don't need it, it will not be spent.
3. The economy is at or near full employment already
Those are your basic reasons. The repatriation rate and toll charge will result in a lot of money coming back into the U.S. which will just swell corporate balance sheets as major corps are already sitting on more cash than at any point in history. It will not result in capital expenditures in a significant manner.
You want economic tax cuts through stimulus, do what Obama did, cut payroll taxes and target the tax cuts toward demand by putting more money in the pockets of those who will automatically spend it.
Note, I am not advocating tax cuts at all right now. Dumbest idea ever - a debt financed tax cut when the economy is at or near full employment, then targeted toward those who will not spend it. BY FAR the dumbest tax cut in American history. Nothing else is even comparable.
If it is any consolation to you, I will end up paying for it by a bigger tax increase in a few years. The people that make between $100-$200k are already the ones who pay the highest percentage of their income in taxes as it is now and it will just get worse in a couple of year to pay for this dipshit tax cut.
Posted on 12/28/17 at 9:52 am to BowDownToLSU
So on top of everything else, the boomers suck at raising responsibile kids?
Posted on 12/28/17 at 9:52 am to BowDownToLSU
quote:1) they don't HAVE to support their adult children. that's their choice.
I'm not quite a BB but I'm close( 1966) does this study say anything about them having to support their ADULT kids. I have a lot of friends whose adult kids still live at home or have to help pay their bills every month? GFY OP
2) they raised the worthless adult. it's kind of on them.
Posted on 12/28/17 at 9:54 am to Mingo Was His NameO
quote:
I personally like the tax plan, but I don't like how Trump tweets and some of the other shite he does
Well, I am the opposite. He can tweet all day from the shitter and make a fool of himself all he wants. However, the tax plan is an abomination that I will end up paying for. See my previous post and with that I'm getting back to work.
Posted on 12/28/17 at 9:56 am to GreatLakesTiger24
Sadly my mother and her husband got this category. She's made some very bad financial decisions in the past couple decades and as her child I can't tell her any different.
My father on the other hand is completely opposite. Same goes for his siblings.
My father on the other hand is completely opposite. Same goes for his siblings.
Posted on 12/28/17 at 9:58 am to MBclass83
quote:
Baby boomer here. My nest egg is so big, I'll be paying all the taxes for those of you living at mom's house. So suck it.
Here too! And I shite more taxes then half these younging make a year.
Posted on 12/28/17 at 9:59 am to Tiger n Miami AU83
Obama tripled national debt. Tripled it.
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