Seen a couple posts floating around pitting boomers against millennials. Eventually though aren’t many millennials going to receive this wealth as boomers age and pass away? I have several friends working low/middle income jobs who have parents who currently support them and will further when they pass via large nest eggs. I get not every millennial benefits from this but you’d be surprised how many do

funnylikesmart
Posting as :
works at
You are currently posting as works at
Highlighted IconHIGHLIGHTED

Yeah… in like 30-40 years :(
I’m GenZ and I’ve just accepted my fate of living with my parents till 50 while banging my GF in the same room I jerked off as a teenager.

likefunnyupliftingsmart

If you shrink the entire issue down to just student loan debt that issue alone has crippled the millennial generation. Doesn’t even matter who’s fault it is. We have a full generation with average debt over $30k and no path to pay it off in reasonable time.

Just friendly Gen X passing by and glad to be left out.

likefunny

I was raised a latchkey Gen X but with the technology of a millennial. I have the power of both generations running through my veins.

Those two can duke it out while I do my own thing.

like
Recent IconRecent

My parents worked hard all their lives, I hope they blow it all making their retirement awesome.

Plus, I’ll laugh at my brother as I believe inheriting is his only retirement plan.

like

SIMP-ing for Boomers

Not every millenial has well off parents

like

If your parents have money, sure, but mine certainly didn't.

like

People can live independently on a lot less money than one would think. I have a hard time believing that a full-time professional can’t afford to move out of mom and dad’s long-term. We can’t all afford to live the same lifestyle as our parents did, but we can live within our means.

like

This isn’t a generational question, it’s a wealth-divide question. I am a millennial and i certainly didn’t come from money. Indeed, proudest moment is me being able to buy my parents a house, in which they now live in.

likeuplifting

Not quite a house but one of my proudest moments was paying for my parents to take a trip to Italy. They never would have traveled out of the country otherwise and it was my mother’s life long dream. Totally a wealth divide question!

likefunny

“Can’t wait until my family dies so I can finally have some money”

likefunny

While I’m not the spokesperson for all in my generation - X; I think it’s reasonable to say most of us in Gen X (we’re the smallest, current generation) find ourselves working and shaking our collective heads at both generations you mentioned - we’re paying for both.

like

My single mom is an immigrant who is almost close to retiring, and not only will I, as a millennial, not inherit anything from her, but I will have to support her because she only worked the lowest paying jobs in the US and only for 10 years. I am choosing to go childless because there is no way I will be able to afford having kids.

Also the reason why I will spend every penny when it’s my turn to retire.

like

I agree that the rivalry thing is stupid. It should be the 99% vs. the 1%, as the vast majority of boomers are not the ones holding all the wealth, but rather, a small portion.

The fact that my parents have enough to probably (barring disaster) cover their retirement expenses is great. But they're not the ones keeping us from prosperity. They just have savings from wages and the growth in retirement savings. It's not astronomical.

like

Can we make it the 99.9% vs the 0.1% instead? I'm already top 3% and tbh even once I hit 1% I still won't be able to in good conscience buy a mega yacht 😢

likehelpfulfunny

You can become rich relatively in a short time at least in the US. If you have a high salary and can live on a low budget or both you and your SO have medium to high salaries you can have a million dollars or more in 15 years. Read quit like a Millionaire

like

You can’t even buy a nice house in NYC for a million...

Boomers will go down as the worst generation in American history.

funny

Selfish is only one aspect of it, unfortunately

Boomers are broke

Exactly. Which is why they are all still working.

Hahaha. I wish.

Related Posts

like

How do you manage going back into public accounting as a first time mom? Our first kid is due this summer and I’ve been having conversations with my husband on plans for going back to work post-maternity leave. He is not in accounting and works ~35 hr weeks while I’ve been at 50-70 hr weeks (and enjoy my work). He is worried about my ability to be there for mom duties and also fully commit to work so curious on how other working moms have managed this - especially type A personalities. Thanks!

like

What are the best associate boards to join for healthcare?

like

@deloitte or @pwc which is good for Salesforce?
Which has better perks/benefits?

like

What personal finance / investing books would you recommend to someone in their late twenties who is starting to have decent amounts of capital to invest?

like

Looking at exits into pharma and biotech. Have an opp at a biotech at the SM level. Total comp excluding equity is around $190k; RSUs vest over 4 years with annual refreshers, so first year equity would be around $6,200 and it would go up by $6,200 each of the next 3 years, plus whatever base bump I get. Very good benefits package.

They envision 2-3 years before I jump either to AD or right to D. Solid opp? Or hold out to go straight to director level?

like

What are benefits of senior manager at KPMG ? Is senior manager role same in KPMG and uncle D ? Any substantial difference in benefits ?

likefunny

How much is the average salary for a healthcare advocate for an insurance company?

like

How much tax will be deducted on 18lpa fixed salary (1746800 in hand after epf deduction)? Even after investing 1.5 lacs in 80c.

like

How is the work culture and benefits of joining Credit Suisse Pune? I have an offer from Barclays? Is it worth giving credit suisse try? Any insight would be helpful as I am looking for stabilty and better work culture

like

Hi!! Can a company deny you short term disability benefits if you get approved for fmla. So basically you’re on unpaid leave but the std benefits of payment don’t go through

like

26 years old. Thinking about doing Grad school in 2 years. I have been doing Roth 401k. Should I keep on doing that or switch to Trad 401k? Info on this is so mixed :(

like

Obligatory financial info post. 1) size of firm, 2) billable requirements, 3) salary, 4) bonus, 5) quality of life, 6) debt, and and 7) family/married/single. Go!

like

DM if you meet the criteria. Company name: o9. Location: Bangalore. WFH possible. Good perks n benefits.

Post Photo

Which company allows you to take the most maternity/paternity leave? What's the longest you've heard someone from your company taking

likesmart

Have 100 plus points on UA expiring end of month. Can they be sold to someone else? Won’t extend for me since I didn’t fly 100K last year

like

Is it really bad if you renege an offer after you've received some of the relocation reimbursement, if you just don't pay them back, are you technically reliable? The offer is at will right.

like

McKinsey fish: any cool perks of note that make it stand out? Have a final round interview coming up and wondering if there are any that are better than Accenture (travel benefits, etc)

like
like

Anyone return to work from maternity leave experience a major change in their role (i.e. getting sidelined or unofficially demoted in their role)? What steps did you take to address this?

like

More Posts

12 years experience as a software developer. How much package should I expect from a MNC company(Software company) in Toronto, Ontario, Canada?

like

“The mom actress should be late twenties or early thirties, max. The one you’re suggesting is closer to mid-thirties and that’s just not our target.”

Oh, and she has two teen kids in the ad.

likefunnysmart

3.7 GPA top 20 undergrad
2+ Transaction advisory service
Aiming for 750 GMAT
Asian
How should I build my profile for the next two years for MBA? And what’s the chance for me to get into top 7?

like

What are your favorite news sites?

like

Hello fishes,

Need 11 💟 to unlock DM feature.

Please help, thankyou in advance.

like

Good brands for rain boots?

like
like

I am planning to get married next year. My wife would be joining me, I know that she cannot work in the US until the firm has applied for my green card. Has anyone been in the same situation....

like

Best haunted house: Halloween experience in the DMV area this year? I live in VA so id prefer not having to trek to MD, but open to suggestions :)

like

Anyone heard of or have any thoughts on Incentrum?

like

Hi guys,

Any good resources to learn design patterns..

Please share.

Thanks in Advance

I have a prescription for Vyvanse. Even without Vyvanse, I have diagnosed generalized anxiety. On top of that, depression runs in my family. It’s not a diagnosis, but I suspect it’s there. Vyvanse certainly doesn’t help the anxiety, especially when I’m coming down off it for the day. I want to ask my doctors about an anti-anxiety/depression meds, but does anyone here take ADHD meds and those other meds at the same time? I’m worried about the drug interactions/potential physical effects. TIA.

like

Is it realistic to want to do forensic accounting only to support criminal investigations? I'm passionate about the criminal side of things- investigating fraud, anti-money laundering, embezzlement, asset misappropriation, FCPA, etc. Is there enough work supporting this to justify a move into forensics or is this type of work only a small slice of forensic accounting?

like

On what website can you search an attorney who is admitted in New York? To confirm their bad admission etc. TIA - I’m not in the US.

like

I joined pwc 15 Nov. Will i be eligible for appraisal this year?

like
like
like

Infosys Hi Infoscians, If any Infosys consultants in the house. Can you please tell me how to start of any activities like creating artifact, writing white paper beside project work. Where can one access resources related to it in Infosys. Whom to ask if the people in my team do not have any idea on theese??

like

If you could work for anyone on the street, who would it be?

like

Sending all y’all some love & whatever energy you need most. You’re here. Maybe some days here feels impossible, but still you wake up and choose to keep fighting. YOU’RE A WARRIOR, CELEBRATE THAT SHIT. It gets better, I PROMISE you. CHEERS!

likeupliftinghelpful

Additional Posts in The Work-Life Bowl

How often do you read the news and which sources do you use? 🌍

like

I miss my dunkin runs in the morning.

likefunny

For those not with their SO during this time, has ur SO’s send you care packages, gifts etc?

like

So who’s working in the office now that your state stay at home order has expired? Any masks/distancing/safety measures in place in the office?

like

So effing grateful to be able to work from bed while recovering from jab number 2

like

Faking it until I make it

Post Photo
like

I have just moved in to Germany and left my earlier position in Accenture. I am trying to figure out my career options as a freelance developer. Any suggestions would be highly appreciated.

like

Have any of you told your family how much money you make? My family has never asked but I feel like my partner’s family is always trying to figure it out and it makes me uncomfortable. They assume that I make a lot because I’m an attorney. I often get comments like “well you can afford it because you’re a lawyer.” I do well for myself but I am far from rich. I am so grateful to have a job but I’d rather not disclose my salary to anyone other than the IRS.

like

Have a blessed day all. Last night my pet passed away, I put him up in a hotel/boarding at the adoption center. Since California is a hotspot for COVID-19, I flew back to my parents house (lower

like

Does accounting pay well? And what are the skills needed / what does your work week look like? This bowl made me realize I know nothing about this industry as I don’t know any accountants and went to liberal arts undergrad, but it seems pretty big from what I can tell.

likefunny

Looking for something to read as the weather gets cold? Follow @lonslibrary on instagram for book recommendations and reviews! I recently started the account to track books I think are worth recommending to people

like

Question: You are all members of the Yakuza and you happen to be visiting the Lackawanna trolley museum and you are attacked by triads. How can you hold them off until your clan arrives?

like

Nose beers. Peruvian nose whiskey. Columbian marching powder. What do you call it?

like

First cabbage from the COVID garden.

Post Photo
like

Does anyone have a promo code for SHRM membership? (Not renewal). I have tried multiple codes I found online, and none work. Thanks

like

Hi guys! I could use some help here, feeling a little discouraged. I started working for EY through a contractor and im hoping to move to EY to a different line that I could expand my current skillset. Although I don't hold a degree, I recently completed a certificate with Google in Project Management. I was hoping to move to something in Communications, EA or even Advisory but I haven't had any luck. and advice? Also looking into the EY Employee Referral scheme? or would that even be worth it?

like

Seasonal depression is slowly starting to creep in and I know it’s going to get worse after daylight savings. Any tips on how to combat this? Especially with limited human interaction due to WFH

like

My building management increased rent. Tried to negotiate and did not work. Are they kidding? Increase rent during these times? LOL Now I don’t want to stay here.

like

April fools joke?

Post Photo
like

Can anyone recommend a good standing desk under $500.

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Send download link to your phone

OR

Scan your QR code to download
Fishbowl app on your mobile

By continuing you agree to Terms of Use and Privacy Policy.

Messaging rates may apply

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal