suffice to say, they bought at the top of the housing market, have had to replace deck, furnace, roof,fridge plus other stuff....
they don't have two sticks to rub together let alone retirement savings...
I've urged one of them to go into govt work just for the health insurance and retirement....
>>an example....my son in his mid 30’s is working a call center job for small pay,while attending night school to earn his computer programming masters....my dil graduated with with a BA,had a baby, then went back to get her masters in library science...then another kid...
suffice to say, they bought at the top of the housing market, have had to replace deck, furnace, roof,fridge plus other stuff....<<
Could these perhaps be a series of extremely bad life decisions? I have been DESPERATELY looking for 30-somethings who can think for themselves and make at least decent decisions in uncertain predicaments — or to at least see they are in a predicament and call for help. The cutoff seems about 40 YO. Younger than that they can’t seem to see the desert for the sand. If I could find them, I would hire them in a second.
I started doing this kind of analysis when I was in my young 20’s — I learned and moved on and learned some more. For some reason, today’s 30s seem to think their crap indoctrination/education has heft. Thus, I keep them updating spreadsheets and project plan target dates in the hopes they might someday understand why what they are doing is important and how it fits in the larger scheme of things.
These X Gen kids (and don’t get me started on the Millenials) seem to confuse that when they are given a hammer and a nail that it somehow actually builds a structure.
I try to help them along as a mentor but frequently I can see the “helicopter parent” happening — the complete inability to think and actually do something without any safety nets.
I would say the current crop of 30 YOs is the same as 20 YOs a few decades ago. The Y-Gens seem to have a better grasp on reality, despite squandering their best learning years.
>>they don’t have two sticks to rub together let alone retirement savings...<<
of course they don’t. They expect OTHERS to take care of them. This is what we have produced. I have a nephew who insists we the taxpayers pay for his college loans. I told him he can have it after they retroactively pay for mine. It sort of shuts him up.
>>I’ve urged one of them to go into govt work just for the health insurance and retirement....<<
Are you on the right board? DU is 2 clicks to the left, KOS, 3 clicks, Huffpo, 5 clicks.