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Lucky for me my parents were both "I didn't save anything for retirement, my kids will take care of me when I'm older", so I don't have to suffer through this.

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[-] lordnikon@lemmy.world 10 points 6 days ago

I don't think what's talked about enough is kids having the talk with their parents about not being able to take care of them when they get old because you can't afford to take of yourself and didn't save anything for retirement. So you hope SSN will be enough for them. I know my mother always asked me if I would take care of her when she got old.

She would say that's why she had kids. But I had to sit her down and run the math and I said it's not about if I have the will or not it's is it possible and the math just doesn't workout and I have an okay job. I can only imagine what people lower down on the ladder are going through.

There are a lot of boomers that about to get a horrible wake up call and a lot of heartbreak watching our parents suffer at hands of their own making.

They will be drowning and some kids are going to jump in and get pulled under when trying to rescue them and the ones who know they don't have to proper equipment. Stay out of the water and mourn the loss.

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[-] UncleGrandPa@lemmy.world 3 points 4 days ago

Unless things go terribly wrong (and they might) my daughter stands to get a second house and a quarter of a million $

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[-] peregrin5@lemm.ee 3 points 4 days ago

That and my parents will likely be alive longer than me anyway.

[-] y0kai@lemmy.dbzer0.com 7 points 5 days ago

Lol my dad left me everything he had when he died. So, I got a truck.

When my mom goes, my sister and I might get to split a house we don't want that's on its third or fourth refinancing.

I guess if your parents don't have an inheritance to give you just never consider not getting one to be a problem.

[-] Nyxicas@kbin.melroy.org 11 points 6 days ago

I am not one of those children that clutches their pearls for family members to give what they busted their ass for away for free. My father just paid off the mortgage of his home. It is his.

And he paid it for over 25 years as people like us lived in and left it. It is just unearned entitlement for any of us to come to him, demanding or expecting something he earned through hard work.

And it is something generations after his wont understand. You try being 66 years old and enduring the grind for so long to finally have something like a home to yourself. And not have a thought of reluctance of just giving it away.

It is ironic considering how much of a clutch todays generations have with their phones. Does anyone think they are the kind to give a home away when it is paid off? You tell me.

[-] CanadaPlus@lemmy.sdf.org 6 points 5 days ago* (last edited 5 days ago)

Honestly, I'm young, and I know older people that would spend it better than their failkids.

That's not everyone, of course, but maybe instead of blaming people born at a slightly different time we should focus on being mad that there's no non-hereditary path to wealth in the first place.

[-] Roopappy@lemmy.world 6 points 5 days ago

In the same way that we should stop consuming media that blames everything on millennials, we should stop consuming media about how uniquely difficult it is for millennials.

Complaining about the younger generation, and the younger generation complaining that they have it uniquely difficult, has been the experience since the invention of teenagers. It was my experience, and it'll be the same experience when millennials are my age.

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[-] HeyThisIsntTheYMCA@lemmy.world 6 points 5 days ago

Suckers I inherited a cane from one side and a watercolor of a dog from the other. Behold my wealth and cry into your lentils. My lentils are salty enough.

[-] Jackfinished@lemmy.world 6 points 6 days ago

Lol I had this convo with my parents, I told them it's their money and I don't expect to get anything.

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[-] Blackmist@feddit.uk 7 points 6 days ago

How dare they raise you and then spend their own money?!

[-] metaStatic@kbin.earth 9 points 6 days ago

Most people need to sell their estate to pay for end of life care, just tell your boomer parents they can spend their last days in whatever dumpster their meagre estate can afford and they might rethink their next cruise.

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[-] blarth@thelemmy.club 5 points 5 days ago

Yeah, one of my parents likely isn’t getting anything from theirs, but the other did, and I’m sure they’ll have it all spent. My wife’s family is the same; the generational wealth ends with her parents. We’re fucked, as a whole generation.

[-] scarabic@lemmy.world 7 points 6 days ago

My thought is that if you’re going to give money, don’t wait until you die. The earlier you help someone, the more of their life it can improve. Help your kid buy their first house or something. Then spend everything before you die.

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[-] drdalek@lemmy.dbzer0.com 7 points 6 days ago

A ton of it is going to scammers overseas too, even better.

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[-] ATDA@lemmy.world 4 points 5 days ago

They spent it on groceries then voted for an orange dipshit .

I mean I'm not crazy about inheritance anyway for some reason it gives me the jeebies.

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this post was submitted on 22 Dec 2024
1067 points (100.0% liked)

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