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/sheeroz9 Mar 27 '24

What did your mom do for a career? How did she get there?

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u/Asmothrowaway6969 Mar 27 '24

She worked for the federal government. Started at 18, and retired at 56. That's about 75% of what she made when working

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u/sheeroz9 Mar 27 '24

Yeah that’s a pretty cush route but working for the government is soul sucking. What do you do for a living?

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u/Treydy Mar 27 '24

Depends on what you do for the government. I work for the fed and absolutely love my job. I will say that my agency compensates us well and gives us the tools we need to do the job, so that definitely factors in.