re: Personal Finance Expert: Far From Entitled, Millennials Resemble 'The Greatest Generation'

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I have college loans and qualified just fine, as did like three other millennials in my office alone this past year

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And the following was your living arrangements when you all applied?

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a record one-third of millennials are living in dorms or with their parents

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Because that was the millennials that I was referring to

Us older millennials are carrying you post 1988 millennials

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the following was your living arrangements when you all applied?

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Freshly discharged from the military and not living with my parents, nor were my coworkers

Most of us are quite enterprising/frugal. Do your research.

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They live off mom and dad, they should have some money not spent on overpriced cell phone plans

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So their parents should have given the money for cell phones to the kid rather than the cell phone company?

Really, baby boomers are considered to have been born between the years on 1946 (post WWII) to 1964, so the average age for a boomer is much higher than twenty-something when the 401K started in 1978.

Again, like stated, 401K was not understood for at least a decade. Also, jobs back then offered retirement programs so there wasn't the need to get a 401K and truthfully, no one really thought that Social Security was going to fail at that time.

You made a stupid blanket statement. 1/3 of millennials (not "most") are living not just with their parents, as you implied, but also in dorms.

Which further buttresses my point about my demographic being acutely fiscally aware instead of immediately attempting to live beyond our means.

They can see the writing on the wall. All these fricking entitlements nowadays are gonna cause this country to collapse financially at some point.

I think most people born after 1980 recognize that social security will either be gone or made obsolete by inflation by the time they retire.