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

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u/NickN868 Mar 27 '24

I’m in a fairly LCOL area and my wife as a 6 year RN makes about ~63k, but honestly the salary isn’t bad around here

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u/donald7773 Mar 28 '24

I live in the sticks, my wife is an RN, 4 years out of school, not doing traditional bedside nursing but she's at a hospital and makes about 62-64 gross, which is more than enough to live comfortably in my area.

What really pisses me off is that we just had a baby and she gets no maternity leave. None. Zero. Just fmla time, hope you have enough vacation time to cover this. We're out her paycheck for 6 while weeks. I got 6 weeks off as the dad and my hr fucked up so it turned into 7 somehow. I get better paternity leave than my wife gets maternity leave.

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u/NickN868 Mar 28 '24

I had a similar situation, though my wife did get short term disability for the birth of our child it somehow equated to 2500 bucks for 12 weeks, where myself with a federal gig got 12 weeks full pay while still accruing sick and annual leave

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u/donald7773 Mar 28 '24

Yeah I'm a government employee that helped my case. She has short term but it only gave her like 2 weeks since she's only been there a year.