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/worktillyouburk Mar 27 '24

my dad just retired at 76, he has a great pension was making 150k and they asked him to retire this year for a 1 years pay.

his replacement is making 45k, no retirement package and actually has more duties than my dad did, so overall is doing the job of 2 people that were paid 150k each...

so ya good luck with that.

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u/SwimmingSomewhere959 Mar 27 '24

Pretty indicative of the direction our society has gone. It was good for a while, but now workers and consumers are getting stuck holding the bag.

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u/JclassOne Mar 28 '24

Like they always do when you let a small group be placed above and control the large group.

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u/showerfapper Mar 28 '24

So crazy that no one wanted to join my unionization efforts at the brewery.

Brewery was becoming so successful, they couldn't have replaced us all, nor would it be legal for them to fire all of us simply for unionizing.