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Retiring Baby boomers increasingly saying they will need money from their children
Posted on 6/6/18 at 11:01 am
Posted on 6/6/18 at 11:01 am
quote:
As reality sets in, only 24% of boomers express confidence that they will have enough resources in retirement vs. 37% five years ago. And more are pushing back their planned retirement date, with 26% saying they intend to work till age 70, up from 17% five years ago. Twice as many now say they may have to rely on children or family to support them financially. The first boomers turned 70 this year. The generation still has decades ahead. But time for preparation is running out—a reality that may finally be sinking in.
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Posted on 6/6/18 at 11:02 am to weagle99
I don't have any so the joke's on them
Posted on 6/6/18 at 11:02 am to weagle99
somehow this board will blame the millennials for this
Posted on 6/6/18 at 11:03 am to weagle99
well well well, how the turn tables
Posted on 6/6/18 at 11:03 am to weagle99
quote:was this written 2 years ago?
The first boomers turned 70 this year.
Posted on 6/6/18 at 11:03 am to lsupride87
quote:
somehow this board will blame the millennials for this
Of course, it is because the millenials have been mooching off of their parents for too long.
Posted on 6/6/18 at 11:04 am to lsupride87
quote:which is really funny because i bet the majority of this board are Milleninials whether they realize it or not.
omehow this board will blame the millennials for this
Posted on 6/6/18 at 11:04 am to weagle99
frick em. Sounds like some of these people are needy bitches
Posted on 6/6/18 at 11:05 am to NYNolaguy1
quote:
Of course, it is because the millenials have been mooching off of their parents for too long.
quote:i bet you are a Millenial
NYNolaguy1
Posted on 6/6/18 at 11:05 am to weagle99
My dad is in that boat, he wanted to retire at 55 (then his union changed it to 62) well he reached 62 and retired then realized that he wasn't making enough so went back to work. His goal is to work till he can't then retire.
Posted on 6/6/18 at 11:06 am to weagle99
Time for the euthanasia camps
Posted on 6/6/18 at 11:06 am to weagle99
shite does this mean greatlakestiger was right this whole time?
when he wakes up at 1pm he is gonna be all up in this thread
when he wakes up at 1pm he is gonna be all up in this thread
This post was edited on 6/6/18 at 11:07 am
Posted on 6/6/18 at 11:06 am to weagle99
I’m just waiting for my wife’s dad to hit me up for money one day so I can laugh at him
Posted on 6/6/18 at 11:06 am to lsupride87
I think millennials are compassionate enough to help our deserving elders.
Posted on 6/6/18 at 11:06 am to Winston Cup
I don't know, but we sure as hell need some boomer memes.
Posted on 6/6/18 at 11:07 am to EarlyCuyler3
quote:
Time for the euthanasia camps
Posted on 6/6/18 at 11:08 am to weagle99
The boomers are angrily two finger typing responses right now
Posted on 6/6/18 at 11:08 am to weagle99
Boomers:
-Became workforce aged at the best time in American history
-Partied and Hippie’d, spreading STDs in their “free love” era
-Ran a prosperous economy into the ground because of their greed and unwillingness to retire.
-College graduates needed to be more competitive because boomers weren’t retiring and therefore not freeing up space in the workforce. As a result, college rates went up because everyone needed a degree to even be considered
-Housing bubble
-Economic crisis of 08, caused by the boomers in power positions
-Finally, they either retire or are forced out of the workforce because they can’t operate excel.
-Spend their money irresponsibly and rely on their kids for support.
-Rabble Rabble Millennials...
BIGGEST. PIECE. OF. shite. GENERATION. EVER.
-Became workforce aged at the best time in American history
-Partied and Hippie’d, spreading STDs in their “free love” era
-Ran a prosperous economy into the ground because of their greed and unwillingness to retire.
-College graduates needed to be more competitive because boomers weren’t retiring and therefore not freeing up space in the workforce. As a result, college rates went up because everyone needed a degree to even be considered
-Housing bubble
-Economic crisis of 08, caused by the boomers in power positions
-Finally, they either retire or are forced out of the workforce because they can’t operate excel.
-Spend their money irresponsibly and rely on their kids for support.
-Rabble Rabble Millennials...
BIGGEST. PIECE. OF. shite. GENERATION. EVER.
This post was edited on 6/6/18 at 11:10 am
Posted on 6/6/18 at 11:10 am to TDcline
quote:
BIGGEST. PIECE. OF. shite. GENERATION. EVER.
don't hold back bro, you're among friends, if you have something to say, let it out
Posted on 6/6/18 at 11:10 am to TDcline
quote:
BIGGEST. PIECE. OF. shite. GENERATION. EVER.
They created me so they're pretty rad, IMHO
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