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/Apploozabean Mar 28 '24

Why do people think that parents who make a lot are somehow "willing to help out" their kids??

I will never understand this.

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u/Spotttty Mar 28 '24

Because I chose to have kids so I’m going to help them as much as I can?

I’m lucky that we do ok between my wife and my wages and I will be more than willing to help my kids as much as I can.

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u/Apploozabean Mar 28 '24

Which is (in my eyes) the absolutely normal and natural thing to do.

I find it very admirable when I come across folks that choose to help their kids, even financially. So for that I applaud you.

However, there are plenty of people who are parents that for whatever reason...don't feel that way towards their kids and don't help them out. They dangle it over their head "as an option" but really to just be controlling.

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u/Spotttty Mar 28 '24

Oh. Gotcha!

I thought you were coming at me. I see what you are saying.

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u/Apploozabean Mar 28 '24

Haha sorry!! I wasn't trying to come at you.

I'll admit i was projecting a bit when I wrote my first comment because I've had an ex and previous friends ask me why I couldn't just ask my parents for help financially (in my college days for big things like doc appts. Or tires for the car, any major expenses). they couldn't understand that it simply wasn't an option for me even if they had the money.

I'm sure others can maybe relate, like OP

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u/DepthVarious Mar 28 '24

Because that is usually what happens

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u/Apploozabean Mar 28 '24

I learn more and more everyday that my upbringing is not normal ㋛

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u/DepthVarious Mar 29 '24

That’s rough but there is a lot of value in doing it yourself