How Will Millennials and Gen Z RETIRE? 🤔

[MyAramil]

If politicians had to live on the budgets that we survive on, things would change fast.

[fetusdeletus]

Being Gen Z is like joining an old Minecraft survival multiplayer server and knowing right off the bat there ain’t any resources for you.

[happilife]

Blame it on old politicians staying in congress for a long time.

[ethanetn]

I hate the fact that boomers dont care, when they say "pull yourselves up by your bootstraps" they are really saying screw you i dont care im on my way out

[turtlesarecool]

"Pull yourself up by your bootstraps!" And how do you suggest I do that when you decided to steal the entire bootstrap supply?

[sublis]

I have a few solutions.
1) be born into a very rich family.
2) don’t live in America, Australia or England, these 3 countries have some of the worst housing marketing in the world. (I live in Australia, it’s fucked here)
3) be born 2 to 3 decades early.
4) go back in time and start investing early for your future self to inherit

[MagpieMalone]

I doubt most millennials will retire, forget about Zoomers

[TheHumanShitpost]

I'm 25 this year. I'm struggling to stay out of debt. Saving is a pipe dream

[Rey-juic]

I started saving for my retirement when I was born, my parents opened an account for me and we've been putting money into it ever since... Currently it's saying I can retire when I'm 96. Fucking hell

[TheWerttyFiles]

There's a reason the rhetoric about "it's time to raise the retirement age" is starting to creep into the mainstream. They want people to normalize that concept to gaslight us into thinking that's reasonable and okay.

[CrusadingJello]

I have a gen Z friend in his early 20s. Hes given up on retiring.

Its more sad than anything. I hear a lot of "work until I die" ideas at my university, because they dont think they will ever have enough money to have any form of retirement.

[cyanideinmycereal]

I’m really not sweating it because it’s statistically likely that I will die well before I could ever retire anyway

[blah]

my mother keeps nagging me to save for retirement, and im like.... wild of u to think I'll ever afford to retire. or save money for retirement

[ultimateqmazing]

The way my economics professor put it, the baby boomers climbed their way up and pulled the ladder up behind them.

[Zach.]

Where I live, they just passed a bill that essentially gets rid of property tax for retired people

[kylaluv]

Multi generational family homes. I don't see my Gen Z kids being able to move out ever so I guess they are stuck with my old age arse.

[Kokakolaaaa]

I’m 20 and I’m moving to an apartment close to my university soon. The rent, WITH a roommate, is 1.6K - 1.9K a month. Shits insane

[ho]

My retire plan is a 45…minute hike in the forest 🥰

[Icantthinkofaname-ix]

Hi. First year gen zer here. I've been deny jobs do to my age and how lil trust older people have me to be a hard worker. I've been deny emergency food benefits, healthcare, and unemployment for the same reasons. Im 26 and i might not be able to live till my 30s to 40s because of people taking one look at me and saying it's my fault i can't start my life

[jtixtlan]

I am in my 60s. My husband and I have been frugal all our lives. My husband lived with his parents until he got married at 37 to save money. I lived very frugally and served in the military to live cheap and save $. We were able to put our two kids through college debt free. Now they are living home for free while they work in their careers and save money. Free rent, groceries, car insurance, medical, phone, internet. We will allow them each up to 5 years to save and invest. The only rule in the house is mutual respect and everyone cleans after themselves. We both still work instead of retiring so we can help them get started. We built a home for $300K in 1997 in our late thirties, just before having kids. We will leave this house, now valued at $1M, 50/50 to our two kids when we die. We will both work to 67 to carry this all out for our kids. We have insurance to protect the house if we need nursing home care. Boomers, let’s help give our kids a chance to pay off loans and save for home ownership and children by encouraging multigenerational family life!