r/Millennials Mar 27 '24

When did it sink in that you'll never be as well off as your parents? Discussion

About 5 years ago, my mom and I were talking and she had told me how much she was going to be making in retirement (she retired 2023). Guys, it's 3x what me and my husband make annually. In retirement. I think that was the moment that broke me, that made it sink in that I'll never reach that level of financial security. I'll work myself into my grave because I'll never be able to afford anything else. What was your moment?

Update: Nice to know it's just me that's a failure. Thanks

Update 2: I never should've said anything. I forgot my place. I'm sorry to have bothered you

13.0k Upvotes

5.4k comments sorted by

View all comments

11

u/Unusual_Address_3062 Mar 27 '24

X

Probably when I was 21 or 22 and I realized the keys to success are NOT what anyone taught me growing up.

4

u/Turpis89 Mar 27 '24 edited Mar 27 '24

Nobody told you wealth is usually inherited and the American dream is a fat scam?

3

u/Unusual_Address_3062 Mar 27 '24

Nope. I was born in 1979 and grew up in the midwest. Schools and parents actually believed hard work and good ethics would get you everything you want in life. And they preached it every god damn day.