I'm pretty sure all of us have given up on any boomer giving us anything anyway
I'm pretty sure all of us have given up on any boomer giving us anything anyway
Lucky for me my parents were both "I didn't save anything for retirement, my kids will take care of me when I'm older", so I don't have to suffer through this.
Yeah my parents:
explicitly told me they're giving me nothing
told me they'd give my hypothetical grandchildren something because (and I cannot express to you enough that they explicitly stated this OUT LOUD WITH WORDS) that they would love the grandchildren more than me. My mother has talked to me at length about how she already likes these people that don't exist more than me.
Are constantly critical of my appearance. When I tried to wear makeup as a child they didn't want me to look "promiscuous" (because somehow using an SAT word makes it ok to tell your 10-year-old they look like a whore). My mother was constantly critical of how short clothing looked on me because I was so tall or how my chest looked in shirts because it was too big. Now that I've gotten those tits removed and I dress more masculine even though I never even really "came out" as anything because I just don't care enough about gender that's also not ok because I'm not acting my gender.
They don't comfort me when I'm upset. They either tell me I'm upset about something stupid or say that I should be worried about more other things. I worked in Healthcare while in nursing school through the first half of COVID them graduated mid-pandemic and every time I'd mention stuff about how broken our Healthcare system is they'd want to have a "fun debate" about MAGA shit then make fun of me for getting emotional. One time I was sitting suicide watch because a guy kept ripping the ventilator mask off and begging me to let him die. The only thing that got him to keep it on was me summing up the plots of the last five books I read because after the first four hours I ran out of things to talk to him about to keep him distracted. Y'all. They thought my PTSD flashbacks were funny.
My parents are both rocket scientists but they're not sending people to the moon or Mars. I don't know how they reconcile a belief in Jesus with arms dealing but I'm pretty sure those dead Palestinian kids are paying for my nursing degree.
Anyway I unloaded the exact content of all those PTSD flashbacks on them, told them their voting choices were going to lead to them dying in a ditch full of maggots, then dumped all the shit my whole family talk behind each other's backs in the groupchat and changed my phone number. Its been a year and I haven't felt the need to drink since.
Love me? You don't even like me. Die alone, assholes.
*will
"Fuck you, I got mine."
-Boomers on everything from pensions to affordable housing and education to inheritances to having a habitable planet to live on
Honestly, I'm young, and I know older people that would spend it better than their failkids.
That's not everyone, of course, but maybe instead of blaming people born at a slightly different time we should focus on being mad that there's no non-hereditary path to wealth in the first place.
I mean, didn't they do the exact same thing with the planet?
My parents are land owners My grandfather owns a mansion My uncles are business owners and landlords
I have two siblings I have no clue what I'm going to be given and this will stress the fuck out of me
At least I have confirmation that they'll buy me a place for me to stay in Istanbul and those places aren't exactly cheap either
But what about my house in Denizli, apartment and shops in Eskişehir, farmland near Muğla, and the spa & hotel within Kütahya?
The people who are cool with this going "why shouldn't my parents enjoy what they made, why would you want anything you didn't work for?" are sort of missing the point. The real phrasing, that they probably would agree with, is "why should I support my children and future generations, my enjoyment is more important than their survival and secured future"
If you really think that you should only get what you work for, give back every Christmas or birthday present or any gift you've gotten or are getting in the future immediately. Turn down any bonus you get at work. Hell start paving your own roads.
Supporting others, especially family, is a good human trait, and shouldn't be erroded.
This is my parents. I found out from a relative that after my mom suffered an injury, that her husband was spending $2000 a month on fast food. Literally TWOOOOO THOUSAND dollars on fried chicken a month.
When the topic came up of them writing a will, they said that I'd be getting the family pictures. That's it.
Stark self sufficiency and individualism is their philosophy. Too bad they forgot what their parents gave them so they could reach that point. Including the political atmosphere of unions and good paying jobs.
Yeah, my parents go on regular vacations all over the world, have redone their kitchen THREE times in the last decade (along with every room of their entire 3000 sq ft house), and can't be bothered to help me out when I encounter a major expense.
I don't know what they think is going to happen when they are too old to take care of themselves, but I can barely afford to take care of my immediate family so there's no way in hell I could support them too. Hope they set aside some of those fat stacks of cash for a nursing home because my retirement plan is dying poor at my workdesk (or on the street if I become too old to work).
They spent it on groceries then voted for an orange dipshit .
I mean I'm not crazy about inheritance anyway for some reason it gives me the jeebies.
The hospitals and retirement facilities plan to absorb every cent left.
In the same way that we should stop consuming media that blames everything on millennials, we should stop consuming media about how uniquely difficult it is for millennials.
Complaining about the younger generation, and the younger generation complaining that they have it uniquely difficult, has been the experience since the invention of teenagers. It was my experience, and it'll be the same experience when millennials are my age.
My mom just wanted to make enough to spend it over her lifetime, and that seems fair to me. She got nothing from her parents and had to support her own mom in her old age, and didn't want to cost us anything.
I would argue that inheritance is a huge driver of inequality. I have gotten small amounts from the estate of my dad's parents (my dad died when I was 16) and a childless relative and even those amounts jumped us ahead some, I can imagine what some huge amount unearned would do - but it's just that. Unearned.
Isn't that better anyway? Inheritance makes the world less fair, as children of rich parents will get a huge advantage. If that money is instead spent, it hopefully distributes over society again instead if staying in the rich families.
It's obviously not that black and white, getting some money is a great help to you get people. And obviously a parent will want to help their children, that's totally fair. But as a larger trend it doesn't seem like a bad thing to me.
Lol my dad left me everything he had when he died. So, I got a truck.
When my mom goes, my sister and I might get to split a house we don't want that's on its third or fourth refinancing.
I guess if your parents don't have an inheritance to give you just never consider not getting one to be a problem.
Suckers I inherited a cane from one side and a watercolor of a dog from the other. Behold my wealth and cry into your lentils. My lentils are salty enough.
Yeah, one of my parents likely isn’t getting anything from theirs, but the other did, and I’m sure they’ll have it all spent. My wife’s family is the same; the generational wealth ends with her parents. We’re fucked, as a whole generation.
"We aren't gonna give you any inheritance"
"I'm not gonna give 2 fcks about you when you become too old to care for yourselves"
I'm not saying that my family's like this but sounds fair to me...
My father was extremely open about his plans to spend it all. My in laws as well. I did get a small inheritance once, a few thousand dollars from a great grandpa that went to me because the legal battle for it outlived my mom. I hope I get sentimental things from my grandparents because that's the remainder of my incoming inheritance
Somehow, I grew up in the one neighborhood in the city that hasn't had a spike in value in the last couple of decades. My mom refuses to move out to a retirement community (at this point she would need assisted living). She likes to talk about improving the property and what color she should paint the upstairs. Watches flipper shows all day.
I don't have the heart to tell her that I have no interest in inheriting the property and that it will be a huge burden to liquidate all of the 'antiques' she has gathered over the last 80 years that now stink of cat piss and many colors of mold.
She's always been there for me in my darkest hours, though, and so has that shit mid century ranch.
I'll still let her win at Wheel of Fortune, as long as she can remember my name.
I was sitting in the room while my friend's dad was having a argument with his horrible dad. The horrible dad threatened to write him out of his will, and my friend's dad respond, "Why do you think I'd want 1/6th of fuck all anyway?"
I wouldn't be so blunt with my mother about things, but every time she talks about inheritance I encourage her to just spend the money on herself. Anything will be spilt between 7 kids overall (3 hers, 4 my late step dad). She is holding on to an expensive ring because my very well off, money hungry sister, has basically demanded it, so I'm working behind the scenes to try get her to sell it so she can invest in making her last few years that much easier.
I was sexually/otherwise abused by my mother for most of my life. When I brought it up to family, I was basically told to shut up about it/“go to therapy.” They spent thousands torturing me in troubled teen facilities, and provided me with nothing for college (which I paid for with multiple jobs and sex work.)
I will never own a house. I spent almost two years after my divorce to just be able to afford an apartment. My family has never valued me - I will not give them the comfort they denied when it is the end. My entire life has been a hell.
Lucky for me my parents were both "I didn't save anything for retirement, my kids will take care of me when I'm older"
man I feel that. It's like raising a teenager.
"don't do that, it'll infect your PC."
"don't buy from there your card info will be stolen."
"no, Biden isn't going to round us up into camps."
"now we have to call and get you a new debit card."
"please don't buy so much junk food....why? because you have diabetes."
My dad - who was an amazingly racist conspiracy theorist - gave all his money to 2 redhead women he started fucking after divorcing the woman he married after my mom died.
He chose not to leave me anything because I called him out for using the "n" word any time he talked about African Americans.
I'm out $150k
He is out having a legacy. My kids will never know his name, story, or hate.
When my grandparents passed away they left my boomer mother a fully paid off duplex...
Which she immediately reverse mortgaged to fund her retirement because she has nothing.
A house my grandmother designed, and great grandmother financed and built, where 4 generations of my family lived and literally died, will be pissed into the wind when my mother dies.
I never really considered an inheritance an option. Seems so off-worldly to me, even though I am by no means from a poor family, just lower middle class.
I think the entire concept of inheritance is something more prominent in developing countries like US or India, where there isn’t a well-established safety nets already in place by the government itself.
Of course we have inheritances too, I know a few who got something, but most of it gets taxed away upon receiving or vanishes covering the deceased’s debts, so I’ve never heard anyone I know get anything other than maybe a weekend vacation in the city next over or maybe a small chunk of student debt away.
Then again I’m not very well-off, and I do know there are the upper class families that have a long standing generational wealth passing over to the new generations. I guess it really depends on the circles one’s in.
But I still think it’s not as common here, at least I’ve never considered it to be normal, and I’ve known well people from upper middle class too.
My boomer dad: you probably won't get anything because I'm paying [i.e. using my retirement] to take care of my [100 year old] mother
Me: that's understandable
How dare they raise you and then spend their own money?!
Watched my mom work her ass off to raise me and save everything she could for retirement. She got to do some fun things, but not enough. I'm glad she had good insurance and a little money saved for when she got sick. I inherited a house with a mortgage, taxes, insurance, and repairs that are bleeding me dry and I'm pulling money out of my retirement to cover it. I'm thankful that it's given my son a decent place to live for the last year and i hope to break even when we sell it. I'm fine with that. I didn't earn it. I didn't take care of her for money. If you're only helping your family because you want money, you suck and they're probably better off without you.
More like .... "Boomers decide to watch and accelerate the burning of the world because they're going to die soon anyway"
Damn, I wish my parents had an inheritance to waste.
I know poor and wealthy people in every generation. Why aren't we blaming the banks for the 08 crash, the politicians for taking away almost every social service and trying to take away more, and the psychopath CEOs who care about their dick measuring contests every quarter? This generational divide obscures the real issues.
You'd be completely wrong. In my case.
I don't think what's talked about enough is kids having the talk with their parents about not being able to take care of them when they get old because you can't afford to take of yourself and didn't save anything for retirement. So you hope SSN will be enough for them. I know my mother always asked me if I would take care of her when she got old.
She would say that's why she had kids. But I had to sit her down and run the math and I said it's not about if I have the will or not it's is it possible and the math just doesn't workout and I have an okay job. I can only imagine what people lower down on the ladder are going through.
There are a lot of boomers that about to get a horrible wake up call and a lot of heartbreak watching our parents suffer at hands of their own making.
They will be drowning and some kids are going to jump in and get pulled under when trying to rescue them and the ones who know they don't have to proper equipment. Stay out of the water and mourn the loss.
not eveyone get inheritances. what we need is social safety nets and to collect taxes on wealth.
"I got mine."
I’m all for the average retiree spending freely and enjoying what they earned. They spent a lifetime working; it’s their money. Inheritance issues create way too many family disputes.
Inheritance is weird. My partner and I stand to inherit a good bit when the parents on either side pass. Both sides of the family had successful middle class careers saved and invested well. Even considering the siblings on both sides, we could inherit an amount around $1M from either side.
But it's weird in two ways. First, it's not something that can be counted on. On either side it could be completely eaten up by nursing home care and medical costs for our parents. So we're not planning our own retirement assuming a windfall from inheritance. Second, on either side, unless they're unlucky, at least one of the parents is likely to live into their late 80s or 90s. So we'll already be in our 60s or 70s.
In other words, while we stand to likely inherit a good chunk of change, it will come so late in life that we won't really need it. Unless our parents die younger than expected, we will already be well into a fully funded retirement by the time they pass.
I feel inheritance made a lot more sense in the past. A farmer or a craftsman would will their farm or business to their children. And that child would take over that business while the parent was still alive, but too old to work it anymore. The child got the business or farm, but in turn had to support the parent in their later years.
But now? You're basically just inheriting your parent's house and whatever is left over of their retirement accounts. And you're doing so at an age where it really doesn't necessarily help you. Sure, if you yourself are unable to retire, then that windfall will be a godsend. But considering how wealth reproduces through generations, if you're in a position to inherit substantial funds from your parents, odds are you probably have a pretty big nest egg yourself built up by then. The people who could really use an inheritance to fund their retirement are unlikely to have parents wealthy enough to give them one.
But yeah, this is why I support strong inheritance taxes. For most people who inherit anything substantial, by the time you actually inherit something, you don't really need it anymore.
I am not one of those children that clutches their pearls for family members to give what they busted their ass for away for free. My father just paid off the mortgage of his home. It is his.
And he paid it for over 25 years as people like us lived in and left it. It is just unearned entitlement for any of us to come to him, demanding or expecting something he earned through hard work.
And it is something generations after his wont understand. You try being 66 years old and enduring the grind for so long to finally have something like a home to yourself. And not have a thought of reluctance of just giving it away.
It is ironic considering how much of a clutch todays generations have with their phones. Does anyone think they are the kind to give a home away when it is paid off? You tell me.
I'll certainly be out of this world long before I ever stopped to think about my retirement. That's my retirement plan.
I'm relying on my inheritance from my mum to get a house, but that's mostly from selling her house, I'm sure her actual savings will be quite low by the time that comes around.
I want my parents to enjoy what they've earned and to have enough money to handle expenses of aging. I'm an anti natalist but I don't fault then for doing something that was expected by everyone at the time which was having kids, and they really did their best. I have dedicated my life to gerontology and helping the aging population. If humanity is going extinct, let's go out with compassion.
I'm pretty sure all of us have given up on any boomer giving us anything anyway
That should work out since most boomers didn't get anything from their parents either.
What's the problem? One of the common complains on Lemmy is that they claim to ban inheritance, for everyone. So this would be the logical conclusion right?