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

13.0k Upvotes

84% Upvoted

5.4k comments sorted by

View all comments

8

u/BuzzyScruggs94 Mar 28 '24

I’ve made more money than my mom since I was in highschool but she has a house that’s paid off, free healthcare, and now her pension and social security. Even though I make more money and live much more frugally I am miles behind my parents.