I wish I could say the same about my parents. I don't think they we're exposed to any investor education until the late 80s. ....do you know why? They believed the American Dream that the BS government feed them, which was "all the money they put into the SSI they were going to get back" for retirement, their GOLDEN YEARS and of course they couldn't have known that that same government would allow the drug industry to rape them with the inflated cost of perscription drugs.
I have no doubt that I will be supporting them, which I'm glad to do. I am not even at retirement age, but I know plenty who are and belive me most of these people are living day to day. of course you won't know it, because they are to proud to let the very kids they supported for years know they have needs now.
They deserve it. Yes they do! Unlike some on this thread would have you believe, these were hard working people, who had very few vacations and invested any extra money into their kids, some of which are like the ungreatful x'ers on this thread.
Give it a rest GrandMoM, I guess you don't think anyone in your generation were complete failures at parenting do you?
Ungrateful my kazoo..I guess I should be grateful for being kicked out of the house for looking at my dad the wrong way or not picking up my dirty clothes from the day before off the floor? And I should be grateful for being blamed for my mothers ulcers(which would more likely have been his fault if they were related to stress)? Or maybe I should be grateful for my dad who thought with his private part and broke our family part? And my mother who went through all of his mental abuse of me to maintain her bottom line?
And maybe I should be grateful when they show the same "love" and "concern" now for their grandchildren?
Yeah, I'm so ungrateful and I think I have reason to be.
I don't pretend to think my generation is perfect. Like all generations there are some real losers, but we are talking about general trends here and my generation definitely trends towards the conservative and the boomers toward that other direction;-)
What's funny is the boomers are proving the point of their self centered arrogance with every passing post made to this thread and their continued belittlement of their own children and their generation. At the very least, xers can claim some resentment to their parents belittlement of them, but what can boomers claim for their continued resentment of xers? In what way has our generation so disappointed their parents that they can claim to hold this grudge against us? My theory is it revolves around some irrational jealousy of their children for taking the limelight away from them. They are loosing their center stage and they aren't going without a fight.