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re: Millennial wealth is still lagging behind previous generations at the same age

Posted on 2/21/20 at 12:08 pm to
Posted by GetCocky11
Calgary, AB
Member since Oct 2012
51270 posts
Posted on 2/21/20 at 12:08 pm to
quote:

someone born in 1990 have more in common with someone born in 2000 than they do with someone born in 1985.



ummmm.....that is not true at all.
Posted by eScott
Member since Oct 2008
11376 posts
Posted on 2/21/20 at 12:08 pm to
quote:

thats not true at all.


There's always exceptions, but to say it's not true at all hasn't been my experience.
Posted by GreatLakesTiger24
One State Solution
Member since May 2012
55589 posts
Posted on 2/21/20 at 12:08 pm to
quote:

It is a fact. im sorry.
that’s not a fact at all. In fact it’s pretty stupid
Posted by 0
Member since Aug 2011
16627 posts
Posted on 2/21/20 at 12:08 pm to
quote:

Check into what plumbers, electricians, HVAC guys and the like make.





They make good money but unless they own the company they ain’t making 100k
Posted by fallguy_1978
Best States #50
Member since Feb 2018
48477 posts
Posted on 2/21/20 at 12:09 pm to
quote:

Can we all agree that Zoomers is the dumbest name for a generation yet?

I saw them referred to as iGen somewhere which I thought was a better name.

My kid is that generation and it's pretty appropriate.
This post was edited on 2/21/20 at 12:10 pm
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
35309 posts
Posted on 2/21/20 at 12:09 pm to
Ok? They still aren't zoomers. Only a retard would argue that.
Posted by CarRamrod
Spurbury, VT
Member since Dec 2006
57438 posts
Posted on 2/21/20 at 12:10 pm to
quote:

Can we all agree that Zoomers is the dumbest name for a generation yet?


yea.

When the term snowflake came out it was Millennials calling the age below them that. So idk how that term got associated with Millennials. Millennials were out of college when that term was floating around.
This post was edited on 2/21/20 at 12:11 pm
Posted by CarRamrod
Spurbury, VT
Member since Dec 2006
57438 posts
Posted on 2/21/20 at 12:10 pm to
quote:

someone born in 1990 have more in common with someone born in 2000 than they do with someone born in 1985.

This is a ridiculous statement.

ok zoomer.
Posted by Oilfieldbiology
Member since Nov 2016
37491 posts
Posted on 2/21/20 at 12:11 pm to
I’ve never seen iGen. I like that
Posted by CarRamrod
Spurbury, VT
Member since Dec 2006
57438 posts
Posted on 2/21/20 at 12:11 pm to
quote:


ummmm.....that is not true at all.


it really is. think about it.
Posted by Oilfieldbiology
Member since Nov 2016
37491 posts
Posted on 2/21/20 at 12:11 pm to
quote:

When the term snowflake came out it was Millennials calling the age below them that. So idk how that term got associated with Millennials. Millennials were out of college when that term was floating around.


Because boomers can’t meme and ruined Facebook and all that is good.

/sarcasm kind of off
Posted by Janky
Team Primo
Member since Jun 2011
35957 posts
Posted on 2/21/20 at 12:12 pm to
quote:

Nah. Job hopping = $$$ much more often than not.


But this thread is about wealth/savings. If you are constantly switching jobs you are not being able to fully participate in employer sponsored retirement plans.
Posted by CarRamrod
Spurbury, VT
Member since Dec 2006
57438 posts
Posted on 2/21/20 at 12:13 pm to
quote:

It is a fact. im sorry.
that’s not a fact at all. In fact it’s pretty stupid


you are the guy born in 1996 who was just itching to be a part of the millennial generation. that thread where you knighted for Millennials was like that nerd toddler kid on the playground trying to play with the big kids.. Its sad really.
Posted by GetCocky11
Calgary, AB
Member since Oct 2012
51270 posts
Posted on 2/21/20 at 12:13 pm to
quote:

quote:

ummmm.....that is not true at all.

quote:

it really is. think about it.



People born in 1990 remember a time before cell phones and the internet were mainstream, the world before 9/11, the Super Nintendo, and Michael Jordan playing basketball.

You think about it.

I almost want to say you're just trolling.
Posted by Displaced
Member since Dec 2011
32711 posts
Posted on 2/21/20 at 12:13 pm to
Kids born in 2000 have never known a world without the internet and prominent cell/smartphones.

The same cannot be said about kids born in the 90s.
Posted by TDcline
American Gardens building 11th flor
Member since Aug 2015
9281 posts
Posted on 2/21/20 at 12:14 pm to
Posted by Oilfieldbiology
Member since Nov 2016
37491 posts
Posted on 2/21/20 at 12:14 pm to
quote:

But this thread is about wealth/savings. If you are constantly switching jobs you are not being able to fully participate in employer sponsored retirement plans.


A lot of plans only retire 6 months before contributing. I’m lucky mine started from the first paycheck. I guess it just depends how much more you’re making and how much you save from your new pay raise
Posted by Oilfieldbiology
Member since Nov 2016
37491 posts
Posted on 2/21/20 at 12:15 pm to
Probably not made by a boomer
Posted by Janky
Team Primo
Member since Jun 2011
35957 posts
Posted on 2/21/20 at 12:15 pm to
quote:

A lot of plans only retire 6 months before contributing.


And?
Posted by CarRamrod
Spurbury, VT
Member since Dec 2006
57438 posts
Posted on 2/21/20 at 12:15 pm to
quote:

If you are constantly switching jobs you are not being able to fully participate in employer sponsored retirement plans.

i have never seen this. the old model of working for 5 years before you can participate is all but gone. even state and federal jobs have gone to a 401k style plan over the racket of pensions.
This post was edited on 2/21/20 at 12:16 pm
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