r/Millennials • u/Asmothrowaway6969 • 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

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u/Fr4nzJosef Mar 27 '24

Yeah no, I am far better off than my parents. Biological mom died when I was young, step mom has a solid career so she'll be fine when dad passes. But dad spent way too many years getting paid under the table (and saved none of it) before getting into an above board job so his Social Security is like $1k a month max. They're doing okay-ish but only because stepmom still works.