The Me generation has already pulled the ladder so high, that most of Gen X never made it onto even the bottom rung.
Their parents named them The Me Generation. They tried to stick that label on Gen X, not realizing that they didn’t have enough of us for us to ever be relevant.
The Greediest Generation will be taught about, as the people who were so shortsighted they sold out themselves and their next 5 generations of offspring.
They’re spending all of the money that might go to our inheritance on themselves, but mostly because the medical system has figured out how to extract all of their money from them when they are near death through hospice care, assisted living facilities, and other means.
I personally don’t like the idea of inheritance in general but first thought that came to my head when I read this - every time I hear about the “great wealth transfer” that’s supposed to happen, I think nah, it’s all going to go to long term care and into the pockets of the people who own those places.
Climate change, although the younger generations aren’t doing much to help with that either.
climate change.
Reverse mortgages.
My cousin’s neighbor got screwed by this. Thought he was inheriting the home et al - turns out the bank is coming in to take the home unless he can come up with a chunk of money he absolutely doesn’t have. Now he has to unexpectedly move.
Corporate slavery. Indentured indefinitely.
People like you will do it for them. You think old people are fucking you over when it’s the billionaires. Meh.
It’s both, it doesn’t have to be binary, are you a bot?
Sell all their homes to corporation in a reverse mortgage, so they get the cash now and the homes stay off the market for young people.
Jesus fuck your right
A lot of the cash will go on healthcare. But a bunch will go on trips in retirement and other stuff…of course no wealth transfer any more except for the uber wealthy.
It’s a case of the young no longer having a large sun of money at once to buy a house while also taking housing off the market. This reduces supply and demand keeping prices somewhat affordable for corps but out of reach for people. Renting is the new serfdom.
I mean, young people can’t afford their houses, at some point something’s gotta give, or yeah they’ll sell them to corporations.
Tom Selleck, do your mustache magic
Fuck Tom Selleck
Corporate nursing homes milking them of all their remaining inheritable money.
Exactly this. I’ve seen it with two of my family members.
And casinos.
My boomer relatives floated the idea of donating their estates to the mormon church upon their deaths, fucking their apostate kids out of any inheritance
You oughta see their gilded temples. They’re really hurting for money.
Isn’t it the richest church in the world
Wall Street is the richest church in the world.
Good observation 🤔
No one is owed an inheritance.
Yeah certainly not the fucking Mormon church though. Literally would rather it go to a crackhead at peak addiction so they can throw a $450,000 crack party then those fucks.
Bro 😔 I am so sorry. Assuming you are not a drug addict or something you didn’t deserve that.
Assuming you are not a drug addict or something you didn’t deserve that.
What a weird second sentence.
They’ve already done it. The environment is fucked for future generations.
they didn’t stop
Dying and leaving us holding the bag.
Rather, dying and leaving it all to the few sycophantic offspring they’ve managed to brainwash to continue their legacy.
this… this is absolutely my exact life situation right now.
like we don’t agree about ANYTHING even though i am literally watching them suffer from the consequences of how they’ve been voting since they came of age (fuck Reagan)
why do i keep hanging out with them? because they have a boat? i don’t think it’s worth it anymore
ugh
The easy answer is by spending all their money before they die so that their kids/grandkids don’t really have an inheritance.
yup irresponsible spending too, and then at least on some subs there are stories of them that want the children to be thier retirement plans. some of thier adult children were willing to do it, some wont.
This works for me. My dad died when I was 19 and I got a little insurance money, but he left his significant estate to his 2nd family. Fucking pos, burn in hell.
Wife’s dad died a few years later. Left her a little, but when you’re 20-something, you have no idea how to manage it. Had a relative help manage it, she did a great job of picking losers so it slowly dwindled down to very little in about 10 years.
Wife’s mom was an invalid ward of the state, we had to pay for a bunch of her expenses. No insurance or assets to speak of, all her shit went into a dumpster as most was garbage.
My mom is left and shes never met a dollar she couldn’t spend. My brothers and I are giving her money and food so she can stay in her house, but its in a shitty neighborhood and has many stairs. She has already said she won’t go into a home, I guess that means one of us has to take her in. She has lots of ugly old Ethan Allen furniture that she thinks is worth a fortune, but its just ugly old furniture.
All we got from this was a little money when we were too young to manage it and expenses from anyone left.
I am so envious of friends who have parents that put something aside for them. They will have an actual retirement. I will be working until I’m old as shit.
To spite the libs, they’ll inflate the US dollar till its worthless.
Nope. Till, though an older form of the word, would be the acceptable term, with 'til being an informal shortening of until that’s used mainly in poetry for cadence (source).
My grammar allies have arrived!
Although frankly the spongebob guy with a board nailed to his head is also pretty much me.
I may not be perfect at it (at all, considering English is not my mother tongue), but I love grammar. It’s linguistic artwork.
Also, I love this alot lol
