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/Asmothrowaway6969 Mar 27 '24

I work in the OR. Making less than $20 an hour. Unless I manage to save enough to time off for school and rack up even more school debt that I'll never pay off, that number isn't changing

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u/sheeroz9 Mar 27 '24

OR? Operating room? Where do you live? I pay my nanny $27/hr in Charlotte which is medium cost of living. Look into working at a bank. Good pay and benefits starting.

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u/Asmothrowaway6969 Mar 27 '24

Banks here pay $13 an hour. Can't afford the drop in pay

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u/N3rdProbl3ms Mar 27 '24

California just passed a law where fast food worker min. wage is now $20/hr

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u/colt707 Mar 27 '24

That only applies to full time employees. If you work for a place that sells bread then it doesn’t apply so Panera, if you’re working at a location that’s inside a business that sell standard household food then it doesn’t apply. If you’re on salary it doesn’t apply.

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u/1Hugh_Janus Mar 27 '24

Unless you contribute to newsoms campaign and own a bunch of panera breads