Deleted member 1634
I believe I, and every other person my age, am doing the exact opposite of putting my future financial situation in the hands of the government. Because we know FOR SURE that we'll get screwed over hardcore for any government benefits (social security, medicare, etc) once we hit that age. There's no way I'm counting on any government help with retirement, because there won't be any anyways.I guess that's one way to look at it, unless of course, you DO make it that far. I 100 percent agree with you to enjoy your life now while you are young. But if you would consider some advice from a battle scarred "boomer" that worked 6 days a week for 30 plus years, don't put your future financial situation in the hands of the government. You'll end up in a crappy rest home that smells like pee. Visit one of those places and the poor people that have to live there, and you will be motivated to put away as much as you can for as long as you can, in spite of what's going on. Back in '08, my retirement account went down to 25% of it's original value-but it came back, and this time it will too.
On another note, and this isn't directed at anyone in particular, please be careful about broad brushing us "boomers". We have contributed to this mess, but we certainly didn't create it. Every generation learns it's values from the one before it; unfortunately, as is the case for most generations, only the most narcissistic, power hungry, inept fools become our leaders. This will happen with your generation as well. At least we are trying to turn the corner; the one before us was very shortsighted, especially environmentally (i.e., dumping thousands of tons of DDT off the coast of Los Angeles in 50 gallon drums in the 40's and 50's) and socially (i.e., good old boy shit, wives expected to be subservient, racial issues).
One thing I learned early is that you treat people with more life experience than you with respect, regardless of your feelings. You don't know what they have been through or had to deal with in their lives. When you complain about them, quite frankly it's more of a reflection of you, then of them.
And to be clear, I'm not out running rampant blowing all my money on things, contrary to what some older "kids these days" folks are saying. Nor are any of the people my age that I know and hear about. I have a retirement account and am saving as best I can. But I just know that unless I MAYBE put away every single loose cent I have and suffer through my 20-65 typical working years, I still very likely won't have enough to live off of for the 15-25 years of retirement. And when I do get there, I'll probably be too sick and beat up to do anything I want anyways. I've seen way too many of my relatives retire and then get sick and even die within years. Some, like my mom, never even made it to retirement before passing.
A lot of the arguments uninformed "boomers" (not all to be sure, and definitely less and less every day) give is "you just have to work hard, save, and you'll have a wonderful relaxing life once you retire." We just know that's not where things are heading for us.
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