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dreading having to support 2 pairs of retirees on my income in a few years. my wife's and my parents. Neither of them have any savings and are counting on their
by dangwhy 3y ago
dreading having to support 2 pairs of retirees on my income in a few years. my wife's and my parents. Neither of them have any savings and are counting on their only child to come through. I've been maxing out my 401k last decade but we don't own any assets rent our home ( We entered our 40s :/ ).
- adamwong246 3y agoTheres a terrible damn mess coming in a few years. It's easy to crap on millennials but what's going to happen when those kids retire WHILE their parents are still on life support? Those same millennials who spent their whole lives without saving? Those same millennials who never produced the children needed to keep this whole enterprise going?
- reactordev 3y agoThose same millennials that were preyed upon by poor financial programs pushed by their parents generation. The same millennials who suffered financial setback after financial setback all while the X’ers and Boomers got richer. Yeah, it’s going to be a bitch.
- adamwong246 3y agoMy Mom: Why aren't you making me any grandkids?! Me: Because you voted for Ronald Reagan.
- dangwhy 3y agoWe live in a Hispanic neighborhood in Chicago ( we are hispanic) . All the families here have 3 kids each and i see pregnant ladies all around me. I feel a surge of anxiety that window is closing for me and that i might be overthinking this.