It WON'T go two ways for us. There will be nothing left for us. Our ability to save for our own retirement will be hampered by the Big Boomer Suck that will happening just when we most need to be putting aside for our futures. I have YET to hear from ANY Boomer that they're concerned about the future of their offspring.
HUH? It won't go "two ways" for us either! It will be broke before we get to collect 1% of what we've paid in. And incidentally...we managed to raise you kids and PAY all the bills, too.
>Our ability to save for our own retirement will be hampered by the Big Boomer Suck that will happening just when we most need to be putting aside for our futures. I have YET to hear from ANY Boomer that they're concerned about the future of their offspring.<
Here's one. I'd be glad to hear your advice on how this Boomer family is going to save for a lavish retirement, footing the private school tuition for our 15 year old. We aren't EVEN talking college, yet.
Oh, yeah, and our wills are set up that should the 2 of us get run over by the same semi, she'll be well on her way to a secure future. I'm sure glad SHE doesn't think the way some of you youngsters do.
She's being taught that you care for your kids, so they can care for theirs. Just because you inherit an estate, it doesn't mean you squander it on yourself.
And we'll pay all the bills, provide for our children's education, pay for our own retirement and make Mom comfortable in her old age directly out of pocket. What's really neat is that many of my generation are staying home with the kids to give them the stable childhood that we were denied, so we get to do all of the above on one income.
The Boomers will have SS. They'll guarantee it just by sheer numbers. (Younger Boomers may be sucking hind teet, though.)
"HUH? It won't go "two ways" for us either! It will be broke before we get to collect 1% of what we've paid in."
I call BS.