Their parents are going to spend their retirement-inheritance bailing them out of trouble.
Most likely 70% of Millennials are going to retire broke.
Most likely 70% of Millennials are going to retire broke.
I do believe you are right-they don’t get that they have to be able to get and hold onto a JOB before they can make any money...
One of my neighbors is the not-so-proud mom to the guy who is believed to be the only snowflake in this rural area-she is also mom-in-law to his snowflake wife-both are in their late 20’s. Mr. Snowflake was a late born child, so mom is my age-like all the rest of us, she works for herself at her own one-person business-that is what “retirement” means out here-we work for and make money for ourselves-but the 2 snowflakes don’t get that they have to start by working for an employer-he can’t hold a job for more than 4-6 months and has been trying to qualify for a real estate license for over a year. They live on the acreage mom owns and lives on also-in a fair-sized cabin mom previously rented to snowbirds in Winter for extra cash-they do not pay rent, or have a separate electrical pole or water well-they don’t even offer to pay their share of water or electricity-they literally live off my neighbor and the income she busts her ass to make, with no end in sight-but they’ve saying for at least two years that they plan to move along on their own in “a couple of years”. We all think they are just going to mooch there until mom gets pissed and tired and throws them out...
Mr. and Mrs. Snowflake have a kid and he has two from a previous marriage-Mrs. Snowflake is looking for a business partner to bankroll her in a fitness gym-but has no money or equipment to put in-thinks her contribution to the venture should be that she “likes to work out”-she and Mr. Snowflake are both college grads-will someone please tell me how clueless, useless millennials like this are going to become millionaires-start robbing banks?...