According to Suze Orman Baby Boomers are Baby Bummers..
hmmm...Disagree big spenders of the 80's are gone, and many Boomers if anything might be spoiled. Most I know depend on there real property and inheritances more than pensions or savings accounts.
Agreed.The typical Boomer is doing just that.I thank God every day that my Dad passed on to me his Depression-era attitudes regarding work,saving,debt,conspicuous consumption and other things.
I will add that then along came the drug problems, drinking, and all the other categories changing how SS was distributed and the poor were taken care of. As the children became wise to the tax rip off they demanded their share too. Why should the person that works their life get less than the ones who don't. I believe this is the birth of the ME generation. Who do you know that does not try to disperse relatives property prior to putting them in a nursing home so they can keep the money? Not was I was raised to believe but a means to get what was given away to people who never purchased property. If you haven't got they can't take but if you work hard and get--they also take--these folks found a way around it.
Apparently you need some new friends.