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Thread: No Longer The Luckiest Generation: Boomer Finances Start To Roll Over

  1. #1

    Default No Longer The Luckiest Generation: Boomer Finances Start To Roll Over

    We Baby Boomers timed it perfectly. We came of age during in an era of plentiful jobs and relatively high wages. Public pensions were generous. Stock, bond and home prices were low, and have since risen strongly, enriching anyone who managed to save regularly. College was (by current standards) insanely cheap, allowing us to upgrade our skills with minimal sacrifice.

    The result was a generation with high average net worth and, at first glance, a great shot at a comfortable retirement.

    But thatís an illusion, for several reasons.


    https://www.dollarcollapse.com/boomer-finances/

  2. #2

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    Biggest problem I see with that age group is "keeping up with the Joneses". Had it too good and spoiled themselves...if doing this leads to eating beans in a one room apartment in retirement...I don't feel any sympathy. Again this isn't the case of Every Boomer...just alot
    One in a million...GNR ...sums it up nicely

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