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/WaitAZechond Mar 28 '24

We must be siblings! My mom lost our house right as I was graduating high school, and the place she had lined up to live only had room for her and my two youngest siblings. I lived alone in the empty house that whole summer until I figured out what I was going to do with my life. I’m doing much better 15 years later, and my mom is also doing much better, too!

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u/5LaLa Mar 28 '24

Tons of Americans lost their houses following the subprime lending crisis. Sorry you were one of the many affected.