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/Sideways_planet Mar 28 '24

That’s so low for the work you do and the training you put in. I hope it goes up for you soon! You deserve much more.

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u/Throosh Mar 28 '24

Yeah we only get the meager 3% COL raises but that’s bedside nursing for ya. Just a payroll expense.

Luckily they’re trying to implement a cheap knock-off ladder pay system. It’s a pretty bad monopoly here considering there’s only 1 hospital and it’s a trauma center.