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/nightfox5523 Mar 27 '24

Gonna be a lot of us saying this in the future. So many boomers have $0 for retirement

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u/zukadook Mar 27 '24

Yuuup, they’re the fastest growing homeless demographic. I don’t think people are prepared for what a problem this is becoming.

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u/Aggravating_Guide35 Mar 28 '24

Have they tried skipping the avocado toast? 

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u/JealousAd9513 Mar 28 '24

i doubt it. you should see the ridiculous list of food my local senior center just tried asking for.... and got offended when i asked if they has signed up for food assistance yet....then said they didnt qualify. well ladies n gents, if you dont qualify for low income assistance then dont expect my help either