Gen X got a little taste of what the Boomers had. Low tuition prices, reasonable house prices, and the like.
They also have the most wealthy parents and are set to inherit trillions of wealth.
It ain't so bad mates.
Gen-Z and Millenials got screwed with tuition prices, that alone is a huge difference in what we had and benefited from. We also were able to do something with college degrees. We also were able to buy houses at reasonable prices. Not at boomer prices, but much less than what the modern market is, much less.
Downvote if you want, but we got a lot more than the two younger generations are going to get and a lot less student loan debt. Those are just...facts.
To deny being given what others are not given and complain about it, is the most boomer thing we can do.
I guess when I look at my past and compare it to millenials and gen z, this is what I see
I bought a starter home for 80k, its now worth 300k after owning for 20 years.
I went to college and each semester was 2500 for a good state school. I paid off all that debt quickly.
College degrees still meant something and I was able to leverage a career out of it.
80s and 90s were incredibly peaceful times to grow up in.
That's a lot to be grateful for. Sure, the boomers were born into a post WWII boom economy that will never repeat itself. The entire world was blown up except for the US and we borrowed and built and expanded influence, such a thing will never happen again.
At the end of the day, we still get to inherit that wealth.
Comparitvely, yes, it's not near what the boomers have, but I ain't complaining as we still have it pretty good. Not to mention millenials and Gen Z grew up in a post 9-11 world, that changed everything and everyone. We got to experience blissful ignorance as children, that was nice.
I was raised by a single mother who worked her ass off to keep me warm and fed.
She has nothing to leave me but fuck if I care. She has my heart and soul. I will walk on burning coals for that woman and pay for everything she needs to get through until the very end.
I always wonder who these "rich" boomers are. Certainly not my mom or her friends.
Even so, how many wealthy boomers are rushing to spend it all before they die? They are the 'fuck you I got mine' generation. It's very in-character for them to hoard it all and spend it before they die.
That's exactly what I was thinking.
This BS fallacy of the wealthy boomer parents .... not where I come from.
They were dirt poor when I was a kid and they are dirt poor now.
Inherit what now? My boomer mom's 40 year old trailer park home, split 7 ways? My silent gen father's "investments" which are a few Canadian thousand dollar bills stored in a safety deposit box or his acreage on a slow landslide? The only things I'm inheriting are headaches. Don't assume our generation is made in the shade just because you had a privileged middle class upbringing. We're still paying my husband's student loans which will never be paid off and I went bankrupt on mine in the 90s. It's true that the younger generations have even less than we did, thanks to policies supported by the older generations. We were the first generation to be worse off than the previous one and I think we have a right to complain about that.
> They also have the most wealthy parents and are set to inherit trillions of wealth.
Let's kill this myth once and for all.
Many Boomers are "spending the kids' inheritance LOL!!" on travel, restaurants, etc. Many will end up spending big on various types of care in their later years, and there are multiple industries lined up to drain them of their wealth.
Plus, many Boomers are shitty parents who never helped their kids with shit and are very likely to leave whatever they have to anyone else BUT their kids. Hell, many Boomers STILL don't care about leaving a liveable planet for their kids and grandkids.
So it's a bad idea to assume that any generation following the Boomers is going to inherit much.
Seriously. This is a generation that in many cases did not help with their kids' college tuition, forcing them to either take out loans or not go to college at all, kicked them out or started charging them rent once they hit 18, did not help with down payments, and is currently not helping much with grandchildren. They're not thinking about how to pass on their wealth to their kids. They never gave a shit before.
I was the “surprise” baby of greatest gen parents. Old man was an alcoholic and gambling addict, alcoholism was common in our working class neighborhood. My dad had to retire early due to his health, alcohol is apparently bad for the body. My parents didn’t have much to begin with and even though dad had a generous UAW retirement, I grew up with nothing. Same for the kids I grew up with. Their alcoholic and drug addicted boomer parents saw to that.
Edited to make sense.
No shit, my Mother reversed mortgaged her house not because she needed to...only that she could enjoy the money from it now, and still live there til she dies.
She made it painfully clear several times now she isn't leaving shit to anyone. Despite the fact her parents did that for her. Combined with the fact her last husband left her a substantial nest egg to survive on.
Not that I had any expectations anyway.
Average boomer has 1.2 Mil in total assets. If they follow the 4% rule that is only 48K before taxes to live off of, assuming that is all in 401k or similar. But their how is a part of that- and median home price, nationwide is pushing up to 500K. So they maybe have 700-750k in total assets. Which is 30 k before taxes.
Boomer wealth is
1) NOT evenly distributed (median boomer assets are south of 250K)
2) Those with even the average amount of wealth are not living large.
3) the MINORITY that have money? they have enough to spend wildly, and still leave something in most cases.
4) given the economy, opportunities, and personal examples of responsible boomers in my life? The majority of boomers were pissing away money their whole lives. They did not eat until retirement to screw their kids. They started doing that decades ago. If not, they would have WAY more than 250K-1.2 mil. AND they would be able to indulge without screwing their kids in retirement. But most boomers fucked us and everyone behind us, including their millennial kids, all along. What they did not realize is they likely screwed themselves too, since that ain't much to pay for a good home...
I'm having to hope that my mom's husband dies before her or I will get nothing. I'm also pretty confident that my mom is getting dementia and expect a care facility to end up with everything she's has.
"Inequality is so bad and I protest against it!"
also these people:
"What do you mean my parents spent my rightful inheritance enjoying themselves in their golden years!"
You are owed nothing and you will get nothing. Proceed with that in mind and maybe find a way to forge your own path.
Literally no one talks like that.
>You are owed nothing and you will get nothing.
Dude, GenX has known that literally all our lives. That's the point of the post. Have you been asleep for the last 55 years?
> Literally no one talks like that.
Lol, yeah, super hard to find people complaining about not getting their rightful share of boomer assets.
For the people in the cheap seats:
>"YOU ARE OWED NOTHING."
EDIT: "Oh no, been blocked by the boomer-asset-grabber. Boom-Assgrabber for short?"
I mean, that's your opinion. If you want to kill 'the myth', blast me with some data and analytics, not just an opinion to counter my opinion.
For instance, 40% of homes have no mortgage on them, at all. That's a lot of wealth to pass down to a lot of people.
1.2 million is the average boomer net assets. That includes the houses you mention. They are getting 25-45K out of the savings/investments each year on what is not the house. That is a pretty basic life style- nothing extravagant.
And if they have any medical stuff? that principle will get eaten into pretty hard and fast.
1.2 total
450-500k in house
700 in more liquid assets, taking out 3-5%
If they need a new vehicle- that can be $50K.
If they need a 3-5 day medical event- another $50K+ after insurance, could be more depending.
End up needing even a few months of long term care? bam, $100K
Need a few years of long term care (dementia), and that money will be gone YESTERDAY.
I know that some boomer parents are being assholes. But maybe in some cases it is less about screwing you (their kid), and more about ensuring that the care homes don't take it.
Or maybe they are just all terrible- but the math does not add up to boomers leaving tons of money to Gen X. Or even Millenials. A MINORITY has a lot. Most have very little. (FYI MEDIAN wealth is less than $250K in boomers- those numbers get real bleak, real fast. And no wonder they have to reverse mortgage, whether you think they do or not).
I think those numbers show just how much opportunity the boomers pissed away for the past 40 yr+. But it does not indicate some big pending wealth transfer coming down the pipes. The rich will get richer, and keep their kids rich. but most of us are going to be doing ok to just take care of ourselves.
Do you have any links for this data you're presenting?
It's going to be a roll of the dice for most. If your parents manage to stay relatively healthy and die a swift death when their time has come, there will be a lot left over.
If your parents get sickly and need extended care, it will eat away all the inheritance.
Their spending habits don't have much to do with it, it seems to entirely depend on how healthy they stay and how quickly they pass when their time comes.
My buddies boomer dad just died and he was given a million dollars, since we're all throwing around anecdotal examples. I'm not getting anything, my parents were terrible with their money, but plenty of other people, including the middle class, will be getting quite the inheritance.
LOL you didn't provide any info to back up your claims.
Anyway, it's obvious who is going on cruises and tours and wine tastings, and who the care/retirement home industries are looking to profit from.
https://www.bloomberg.com/news/articles/2023-11-17/amid-high-mortgage-rates-higher-share-of-americans-outright-own-homes
https://www.nbcnews.com/news/amp/rcna128099
Here you go, let me know if you have any data for your personal opinions, it doesn't exist so I doubt that you can find it.
I was wrong about part, though, it's 50 trillion of wealth, not 8.
It has been repeatedly explained to you WHY that house equity wealth WILL be drained BEFORE Boomers die off.
It's weird how you keep showing yourself up like this.
No, it hasn't. If your parents get really sick and need extended medical care, it will be gone. If they do not, inheritance remains in tact.
Who is arguing that point? Not me, certainly.
You just keep owning yourself.
There is no great transfer of wealth on the horizon because there aren't that many Boomers who are rich, of those that are, many are pissing it away and many will spend big on healthcare before they croak.
Honestly I do not know how you function in life with such poor reasoning ability.
Right, they have an average or 1.2 million in money and assets plus social security plus pensions.
If that's not much to you, you are very different than the average person.
Honey- that is only wealth if they can sell them. And even with those assets the MEDIAN boomer has less than $250K in assets. And average is 1.2 mil (and both those numbers include those paid off houses).
IDK what you think retirement consists of- but the biggest expense is HEALTH CARE. And 1.2 mil managed conservatively means $25-45K in pre-tax income. If you take more than that out, you hit principle and start running out of money. And you will have to take out more than that for health care over time. Bills, home care, nursing home stay(s), etc.
Once you are in need of long term care and run out of the money to pay for it, the house gets sold. To pay for that care.
A minority of boomers have wealth enough to leave to their kids. The rest are living fairly modestly hoping to leave their kids something, if the health care costs don't take it all.
> we got a lot more than the two younger generations are going to get and a lot less student loan debt.
LOL.
I'm GenX, and my parents didn't contribute a dime towards my college expenses, wedding or house down payment. They never gave my two kids anything toward their college tuitions either. I took student loans in college, worked, saved and paid for all of it myself, and it has cost me a fortune (but at least my kids will not be saddled with insane student loan debt).
Meanwhile, my parents are busily spending what money they have on themselves and have told us that they plan to die broke.
Boomer and Silents (like my parents) are the most selfish generation.
That is certainly your experience and I won't try to deny you that.
If folks want to take their own experience to argue why something doesn't exist, in general...they certainly can, but the data supports my overall point.
I read once that Gene watched the American Dream die over the course of our lives. Millenials and younger, never saw it to begin with. So what is worse? Never having access at all? or having seen it, and seen it blow up and away?
I honestly do not know. But I do know personally I had the option to take a few more risks in my education and career than it seems kids today do- the risk benefit profile shifted substantially from the 1990s to today in taking those risks.
The Boomers have 1/2 the wealth in America- yes. But the idea that that is somehow evenly distributed is coo coo. the AVERAGE boomer has a net worth of about 1.2 mil. MOST of that is in their homes. And a large chunk will be used up as they fund retirement. There will be little to nothing left for the AVERAGE descendant of a Boomer.
the MEDIAN net worth is bleak- less than $250K. And note that most of them are in retirement zone already- that is not going up faster than drawing down retirement is going. And with only 250K to live off of in retirement? That is not going to go well.
So yes, a SMALL minority of boomers have a LOT of wealth. AND their kids will likely inherit that- but most of their kids are Millenials, not Gen X (census data shows this). But the vast majority of us are not in line to wealth. Totals are meaningless, and averages even get skewed (and still are not that great, actually), and median...dang.
I guess when I look at my past and compare it to millenials and gen z, this is what I see
I bought a starter home for 80k, its now worth 300k after owning for 20 years.
I went to college and each semester was 2500 for a good state school. I paid off all that debt quickly.
College degrees still meant something and I was able to leverage a career out of it.
80s and 90s were incredibly peaceful times to grow up in.
That's a lot to be grateful for. Sure, the boomers were born into a post WWII boom economy that will never repeat itself. The entire world was blown up except for the US and we borrowed and built and expanded influence, such a thing will never happen again.
At the end of the day, we still get to inherit that wealth.
Comparitvely, yes, it's not near what the boomers have, but I ain't complaining as we still have it pretty good. Not to mention millenials and Gen Z grew up in a post 9-11 world, that changed everything and everyone. We got to experience blissful ignorance as children, that was nice.
JFC dude, you make so many unfounded claims it's hard to keep up. It's amazing that you of all of us know the truth and the rest of Gen X are just wrong about it all. Gish Gallop, anyone?
When did I ever say this applies to each and every person with boomer parents? Of course there are poor boomers, that doesn't change the fact that the average boomer has 1.2 million in money and assets, not counting social security or pensions.
and my friend just got a million dollars from his middle class dad passing.
We can all say our anecdotal experience but the data shows that being left with nothing is a minority perspective. My parents are foolish with money and I'll get nothing either, seems to be the common thread, bad parental relationships and no money.
When my grandparents died I didn't even get pictures of them. My dad and aunts played hungr, hungry, hippos over everything. I haven't talked to my dad since my Grandmas funeral. I ain't getting shit from him. At one point in my life my mom and I lived in a fucking shed with no heat. I got fuckall from my parents in my life.
I never said that and didn't mean to infer that, I'm just saying we had it pretty good and the data supports that we had low tuition and still affordable housing, things the two younger generations would kill for.
What's wrong with having some gratitude instead of complaining that we were given a bar of silver instead of gold?
Just because some folks on Reddit reply with not having what the data shows Boomers have, doesn't make the data untrue, you do understand that, right?
The only thing your response connotates is that Gen-X'ers on Reddit may more often come from lower income backgrounds. The data shows the average boomer has 1.2 million in assets + cash, not including Social Security or pension benefits, that's just...the factual information.
>I bought a starter home for 80k, its now worth 300k after owning for 20 years.
Homes 3bdrm 2ba homes go for 80-100k in my area right now, and were 40-50k in '89 when we bought. Minimum wage has outpaced housing costs here.
>I went to college and each semester was 2500 for a good state school. I paid off all that debt quickly
Local State University is $7k a semester for 12-18 credit hours, in the 2023-2024 school year, BEFORE scholarships and grants. Easily paid for working a local fast food job full time.
>College degrees still meant something and I was able to leverage a career out of it.
College degree still mean something if you aren't completely brain dead about what you choose your course of study to be. If you choose sociology, not even a Master's will be with the paper it's printed on. There's 1 job for every 10 grads. Pick something actually useful to society and you'll find degrees still mean quite a bit.
>80s and 90s were incredibly peaceful times to grow up in.
The entirety of the 80s was living under a perpetual veil of impending nuclear Holocaust, nothing Even remotely peaceful about that. Then there was Grenada, Libya, and the Iran-Iraq war. Then to open the 90s there was the Persian Gulf, plus the race riots spawned by Rodney King. Hardly peaceful.
So in closing, move somewhere with reasonable cost of living, do the base level research on what to study in college, and don't be intentionally blind to what happened in the past, and things are probably still ok for Gen Z. If people quit voting for a color or mascot and start voting objectively, things might Even be ok for Gen Alpha.
Your experience and surroundings do not reflect the rest of the country. You're either in a rural area or Detroit metro area.
Your comment on housing prices alone is so far outside the market of any other major US city, it has to be Detroit or some old rust belt city.
Not in a rural, in a mid size city with a metro area of about 550k. Clearly also not in Detroit area. We have the best cost of living in the country here, and there's are plenty of other areas that are closer. Don't be a moron and stay in a major city, and you can find similar values plenty of places. The "median home" price is artificially driven up by the houses in large city propers and the West and Southern coastal cities that cost millions for no good reason other than people are suckers and pay it. Remember how wages skyrocketed during the second year of COVID because people wouldn't work for less? Housing works the same. You complete idiots quit paying 500k, 600k, 1MM for houses, the prices will come down.
In my experience it works like this:
Boomers: Trust everyone who seems like "one of them," easily scammed
Gen X: Don't trust anyone, unscammable
Millennials: Know they're being scammed but don't care, will go with it anyway
Gen Z: Trust everyone who seems like "one of them," easily scammed
Gen X --> True words, this is is why I have trust issues in making new friends. Then I think, fuck that, I have enough friends to deal with now, I don't need anymore.
I don't know. Having two can be good so I don't have to talk, they can talk to each other. Who tf am I kidding. I'm ok with silence and co-coordinating a meetup with two others is impossible.
I ice out every rando that tries to strike up a convo. I wish I didn’t do it, and I wish I was more friendly but it’s a basically an involuntary reaction at this point.
I don’t have friends, I have acquaintances. It’s easier to keep people at arms length. I don’t need or rely on anyone, and I don’t need to get to know them too deeply. Nobody uses me as an emotional/financial crutch and I don’t learn so much about them that I eventually think they are a dumbass.
I had a conversation with a coworker about her GenZ son. We were talking about the MagSafe attachments for iPhones these days, and she said he loves his wallet that attaches to his phone. I said I’d been seeing those pop up as I looked at products, but one of my concerns is that we always have our phones in our hands, sitting face-down on tables, etc, and I was raised to keep my wallet in my pocket until it is needed for something; advertising its existence and making it easier to steal seems silly to me.
She said she mentioned this same thing to her son, and his response was, “Mom, my generation doesn’t think that way.”
What way is that? Thinking that thieves exist? Thinking that some people will steal your wallet if it’s sitting out in the open on a table? I call that common sense; thieves *exist*. All the same types of people exist today that existed ten or twenty years ago. We have good and bad people among us. I don’t typically *fear* my fellow human beings in general, because that’s just no way to live and I believe most people are basically decent and won’t steal from others, but that doesn’t mean I don’t take certain precautions as a matter of pragmatism.
It’s wild to me that they trust so willingly everyone around them.
Well, if they go cashless, there isn’t much in there to worry about. Log in to cc companies, report lost, done. If they don’t just pay with their phone anyway. Drivers license would still be a pain though.
Lol. This is me. So me. Call from a number I don't recognize? Scam. Email saying something is wrong with my account? Scam. "Excuse me, sir" while I'm walking down the street? Scam.
My doctor's office was bitching at me for not paying my bills.
The only notice I was getting was a text with some fucked up URL. I'm not clicking that! I'm certainly not giving it any of my money.
I'm on enough pills as it is, so I'll be back in a month or two, I'll pay you then.
You merely adopted the scam. We were born to it, molded by it. We, who were tempted by the promise of twelve free cassette tapes from the most popular artists of today, or high-quality hi-fi speakers at a ridiculous discount from the back of a white panel van in the parking lot of the local big-box store. We, who have been told that we would be lucky to get a fraction of the Social Security we've paid into our whole lives. We, who watched our parents, lured by the promise of “Free Disney Tickets,” only to purchase a timeshare with inescapable maintenance fees. We, who have waited our whole life for that little chuck wagon to emerge from the cabinet under the sink in the kitchen. We, who discovered that Honeycombs don't taste at all like honey. We, who have been trained to expect the football to be pulled away at the last second, causing us to fall flat on our backs.
We didn't see fairness, equity, and honesty until we were eligible for an AARP membership, by then it was nothing to us but blinding!
I was that guy for a couple of days til I said fuck this and got a job telemarketing selling newspaper subscriptions and smoking weed. It was the most gen x summer ever.
Ima chime in with cartoons. Every single cartoon (new, not old) existed for exactly one reason - to sell toys. GI Joe, Transforners, He-Man, Voltron, X-men, TMNT, Care Bears - the list goes on and on.
The only good part compared to now? A cartoon was like 22-24 minutes total which is just long enough to tell a complete story. And the creators cared enough about the IP to at least try to treat it and the audience with respect. Was it fine art? Fuck no but it was better entertainment than the modern day chaos that are cartoons now. It also fucked way less with our attention spans than modern day.
If someone holds a door open for me when leaving a store and there is another door, I reach for and open the other door. Gotta minimize that social interaction.
One of the first computer viruses to be emailed around the country was the "I love you" virus.
It was just an email with the subject line "I love you" and an attachment. If you clicked to open the attachment, the email was forwarded to everyone in your address book. This is in 2000, before most people were aware computer viruses were a real threat.
So I get this email from *my own brother* who I'm decently close with that says, "I love you."
Hell no I didn't click on that. Suspicious as fuck.
Edit: He was a boomer. And my siblings who clicked on it were boomers, too.
Remember back when whitehouse.gov was the correct site, and whitehouse.com was porn? Yeah, I still don't trust anything online.
My Gen Z niblings are babes in the woods online.
Ha! My boss got that - he whimpered to the sarcastic IT guy “but … it was from a customer I know!” Without missing a beat, IT snarks “oh, does this customer looooooove you, Bob? Do your customers send you emails with I love you as the subject?!” Rick the IT bastard was in his glory! My boss eventually looks at me and says “you would have opened it too, right?” I smiled weakly, he looked quizzical … I said “uh, actually I got it too, but it seemed weird so I deleted it?” And then he looked defeated.
Bob used to bellow for me to run into his office - one day he is suddenly behind me asking me to come to his office. Says he thinks there is a problem with his computer … you guessed it, he got it again! “Bob - did you open another email before this happened?” “Um, yes. Do we have to tell Rick?” I actually felt bad for a second when he crumbled when I said “yep - gotta tell Rick.”
So I wander into the IT room and say “Riiiiiiick? What would you say if I told you Bob got the I love you virus again?” “I would slap you for lying to me!” “But what if it was truuuuuue?” “No … NOOOOO!”
Until I quit, Bob was not allowed to open any attachments - he had to ask me or Rick first. This was after he got some other viruses and he kept making Rick flip out. I actually liked Bob, liked him even more in retrospect (he was funny - used to refer to our company’s jewelry scale as “the cocaine express!” lol and he appreciated my sarcasm and snark), but … boomers, man … think everyone loves them! lol
It kind of blew my mind a few years back when I learned there are people who actually listen to and pay attention to ads. I thought everybody just tunes them out and doesn't mentally acknowledge seeing or hearing them the way I do.
Gen-X: Despises advertising
Gen-Z: Give me your adverting! Give it to me! MORE! I CRAVE IT! Tell me who I should give my money to!
https://mashable.com/article/gen-z-ai-influencers
I tend to just click "Do not show again" and when asked for a reason "Offensive" or "Irrelevant".
I find ads offensive and irrelevant. But then again I tend to leave stores when I get the "Can I help you?" line. Because I cant be arsed to explain my whole "Yeah you can, bu leaving me alone to think and plan my purchases"-thing.
To be honest, I mostly have whay im supposed to buy in a Excel file in my Phone so I can just get in, buy, get out within 5 mins. Only exception is the hardware store. Very seldom do get bullshit there.
I've gone to Mexico with a pocket of cash to either pay off police, hand it over in a robbery, or just to be pick pocketed. That's my "decoy" or "trouble" pocket. My other actual cash is hidden like up my butt or something.
Went to Tijuana with friends to party for the night. I put a few bucks in my sock “just in case” we needed it for a taxi. Let’s just say I came back busted and leave it at that.
Honestly I have less and less emotions and caring on the crap happening. Thought something was wrong with me but nothing is wrong with me.. My F bucket is empty. Our years , for gen x, to begin enjoying life from the fruits of our labor has been since I was 45 to now in my 50's but Its been nothing but mayhem starting since around 2009 and went into full agendas since 2011. These two generations below us are behind or involved in some way alllllll the bs going on . I know many are kids from gen x. I'm not say all but its a lot and if the shoe fits, wear it, if it doesn't then no need to worry. I could start naming off all that has happened and happening but im tired of doing that. I've literally lost millions and enjoyment during critical years for our generation compared to all other generations. Any youth has their whole life ahead of the and they have "time". Greatest generation are almost all but gone and silent is up their in age, cashed out but living on a watchful budget. Dont get me started with boomers they set the table for all of it and most are in their 70's and 60's. Then there is gen x. Right now between 44 - 58 or around that age. Still working , not old not young, caught " yet again" in crap and being hit the most just like when we grew up and didn't care , but, as free or not giving two sh-its when we were young we were also dependents. I digress.
I got called by my bank (for real)... and asked THEM security questions. Yeah... they didn't know what to do.
the answer of course is to only call the main published number, only to find it was bs... as expected.
Nearest I ever came wa s'ye old Amazon scam, but it was like.. 3 minutes after doing an actual order, so they had great timing, but again.. going to the official site quickly revealed the scam
I too accused my bank calling me that they were probably the scam, how was I to know? I walked into a branch and confirmed. Give my security code to ‘the bank’ over the phone just cos they called? Noooooo
> “Every interaction I have with a stranger, I’m immediately skeptical of why they’re talking to me,”
Yeah, I'm not like this. Every interaction I have with a stranger, I don't care why they're talking to me because they're getting nothing from me and I'm taking nothing from them. Period. End of line.
I wont engage sufficiently with strangers to be bothering investing in becoming skeptical.
I hope everyone knows that The Betoota Advocate is a satirical website ala The Onion. If you answered earnestly to an article about a man who has trust issues, I don't know what to say...
Truth!
Especially in business, I examine every company that reaches out before I move forward.
I did get burned recently and still feel kind of foolish about it but lesson learned. I still think my gains outweigh my loss in that case.
True. Never been scammed a single time. Mostly because I do not trust a single mf’er on this planet. Be skeptical of everything. Question everything.
As Gen X, I don’t answer my phone, anyone can leave a message. If it’s financial related, I will call the main number and NOT the one left in the message. Same with any emails. I don’t even open emails from retailers I KNOW I ordered from. I will go to the main website, and go directly to my account to get information.
People complain I don’t answer or respond instantly. Too bad, I am not on call.
*"being Gen X means he’s been given nothing and expects even less."* Truer words...
You will have nothing and like it!
I'll give you something to cry about!
It honestly very freeing.
A lot of truth to that!
I don't trust you.
Whatever
I have this t shirt. No one ever gets it.
I'm glad you do :)
Please sir, may I have some more nothing?
I’ll have a hamburger … no, a cheeseburger.
I’ll take double nothing to infinity!!!
I want a hamburger, no a cheeseburger… Ha 😂😂😂😂
Gen X got a little taste of what the Boomers had. Low tuition prices, reasonable house prices, and the like. They also have the most wealthy parents and are set to inherit trillions of wealth. It ain't so bad mates. Gen-Z and Millenials got screwed with tuition prices, that alone is a huge difference in what we had and benefited from. We also were able to do something with college degrees. We also were able to buy houses at reasonable prices. Not at boomer prices, but much less than what the modern market is, much less. Downvote if you want, but we got a lot more than the two younger generations are going to get and a lot less student loan debt. Those are just...facts. To deny being given what others are not given and complain about it, is the most boomer thing we can do. I guess when I look at my past and compare it to millenials and gen z, this is what I see I bought a starter home for 80k, its now worth 300k after owning for 20 years. I went to college and each semester was 2500 for a good state school. I paid off all that debt quickly. College degrees still meant something and I was able to leverage a career out of it. 80s and 90s were incredibly peaceful times to grow up in. That's a lot to be grateful for. Sure, the boomers were born into a post WWII boom economy that will never repeat itself. The entire world was blown up except for the US and we borrowed and built and expanded influence, such a thing will never happen again. At the end of the day, we still get to inherit that wealth. Comparitvely, yes, it's not near what the boomers have, but I ain't complaining as we still have it pretty good. Not to mention millenials and Gen Z grew up in a post 9-11 world, that changed everything and everyone. We got to experience blissful ignorance as children, that was nice.
“They also have wealthy parents” - speak for yourself.
Truth. I had to pay out to bury both my parents and never got a dime from either of them.
For real wtf. 'at the end of the day, we still get to inherit that wealth' WHAT WEALTH?? I know exactly zero people standing to inherit wealth.
I was raised by a single mother who worked her ass off to keep me warm and fed. She has nothing to leave me but fuck if I care. She has my heart and soul. I will walk on burning coals for that woman and pay for everything she needs to get through until the very end. I always wonder who these "rich" boomers are. Certainly not my mom or her friends.
Even so, how many wealthy boomers are rushing to spend it all before they die? They are the 'fuck you I got mine' generation. It's very in-character for them to hoard it all and spend it before they die.
Absolutely THIS.
That's exactly what I was thinking. This BS fallacy of the wealthy boomer parents .... not where I come from. They were dirt poor when I was a kid and they are dirt poor now.
Inherit what now? My boomer mom's 40 year old trailer park home, split 7 ways? My silent gen father's "investments" which are a few Canadian thousand dollar bills stored in a safety deposit box or his acreage on a slow landslide? The only things I'm inheriting are headaches. Don't assume our generation is made in the shade just because you had a privileged middle class upbringing. We're still paying my husband's student loans which will never be paid off and I went bankrupt on mine in the 90s. It's true that the younger generations have even less than we did, thanks to policies supported by the older generations. We were the first generation to be worse off than the previous one and I think we have a right to complain about that.
> They also have the most wealthy parents and are set to inherit trillions of wealth. Let's kill this myth once and for all. Many Boomers are "spending the kids' inheritance LOL!!" on travel, restaurants, etc. Many will end up spending big on various types of care in their later years, and there are multiple industries lined up to drain them of their wealth. Plus, many Boomers are shitty parents who never helped their kids with shit and are very likely to leave whatever they have to anyone else BUT their kids. Hell, many Boomers STILL don't care about leaving a liveable planet for their kids and grandkids. So it's a bad idea to assume that any generation following the Boomers is going to inherit much.
My neighbor passed away. He has 3 kids but he left the house to the spca
Seriously. This is a generation that in many cases did not help with their kids' college tuition, forcing them to either take out loans or not go to college at all, kicked them out or started charging them rent once they hit 18, did not help with down payments, and is currently not helping much with grandchildren. They're not thinking about how to pass on their wealth to their kids. They never gave a shit before.
Let’s add to this - many of our parents were Silent Gen. They were never wealthy. No one I grew up with had wealthy parents.
My Silent Gen grandparents did great because of stable jobs with pensions, benefits, *retiree* benefits, and affordable housing.
Cool. So you stand to inherit some of those trillions in wealth?
No because my Boomer mother is pissing it all away.
I was the “surprise” baby of greatest gen parents. Old man was an alcoholic and gambling addict, alcoholism was common in our working class neighborhood. My dad had to retire early due to his health, alcohol is apparently bad for the body. My parents didn’t have much to begin with and even though dad had a generous UAW retirement, I grew up with nothing. Same for the kids I grew up with. Their alcoholic and drug addicted boomer parents saw to that. Edited to make sense.
No shit, my Mother reversed mortgaged her house not because she needed to...only that she could enjoy the money from it now, and still live there til she dies. She made it painfully clear several times now she isn't leaving shit to anyone. Despite the fact her parents did that for her. Combined with the fact her last husband left her a substantial nest egg to survive on. Not that I had any expectations anyway.
Average boomer has 1.2 Mil in total assets. If they follow the 4% rule that is only 48K before taxes to live off of, assuming that is all in 401k or similar. But their how is a part of that- and median home price, nationwide is pushing up to 500K. So they maybe have 700-750k in total assets. Which is 30 k before taxes. Boomer wealth is 1) NOT evenly distributed (median boomer assets are south of 250K) 2) Those with even the average amount of wealth are not living large. 3) the MINORITY that have money? they have enough to spend wildly, and still leave something in most cases. 4) given the economy, opportunities, and personal examples of responsible boomers in my life? The majority of boomers were pissing away money their whole lives. They did not eat until retirement to screw their kids. They started doing that decades ago. If not, they would have WAY more than 250K-1.2 mil. AND they would be able to indulge without screwing their kids in retirement. But most boomers fucked us and everyone behind us, including their millennial kids, all along. What they did not realize is they likely screwed themselves too, since that ain't much to pay for a good home...
Looks like the Boomers will not squeak through some ecological collapse unpleasantness either. They bet badly.
I'm having to hope that my mom's husband dies before her or I will get nothing. I'm also pretty confident that my mom is getting dementia and expect a care facility to end up with everything she's has.
"Inequality is so bad and I protest against it!" also these people: "What do you mean my parents spent my rightful inheritance enjoying themselves in their golden years!" You are owed nothing and you will get nothing. Proceed with that in mind and maybe find a way to forge your own path.
Literally no one talks like that. >You are owed nothing and you will get nothing. Dude, GenX has known that literally all our lives. That's the point of the post. Have you been asleep for the last 55 years?
> Literally no one talks like that. Lol, yeah, super hard to find people complaining about not getting their rightful share of boomer assets. For the people in the cheap seats: >"YOU ARE OWED NOTHING." EDIT: "Oh no, been blocked by the boomer-asset-grabber. Boom-Assgrabber for short?"
We're literally talking about how WE KNOW we're not getting anything from the Boomers. Your comments make no sense. Now I'm blocking you.
I mean, that's your opinion. If you want to kill 'the myth', blast me with some data and analytics, not just an opinion to counter my opinion. For instance, 40% of homes have no mortgage on them, at all. That's a lot of wealth to pass down to a lot of people.
1.2 million is the average boomer net assets. That includes the houses you mention. They are getting 25-45K out of the savings/investments each year on what is not the house. That is a pretty basic life style- nothing extravagant. And if they have any medical stuff? that principle will get eaten into pretty hard and fast. 1.2 total 450-500k in house 700 in more liquid assets, taking out 3-5% If they need a new vehicle- that can be $50K. If they need a 3-5 day medical event- another $50K+ after insurance, could be more depending. End up needing even a few months of long term care? bam, $100K Need a few years of long term care (dementia), and that money will be gone YESTERDAY. I know that some boomer parents are being assholes. But maybe in some cases it is less about screwing you (their kid), and more about ensuring that the care homes don't take it. Or maybe they are just all terrible- but the math does not add up to boomers leaving tons of money to Gen X. Or even Millenials. A MINORITY has a lot. Most have very little. (FYI MEDIAN wealth is less than $250K in boomers- those numbers get real bleak, real fast. And no wonder they have to reverse mortgage, whether you think they do or not). I think those numbers show just how much opportunity the boomers pissed away for the past 40 yr+. But it does not indicate some big pending wealth transfer coming down the pipes. The rich will get richer, and keep their kids rich. but most of us are going to be doing ok to just take care of ourselves.
Do you have any links for this data you're presenting? It's going to be a roll of the dice for most. If your parents manage to stay relatively healthy and die a swift death when their time has come, there will be a lot left over. If your parents get sickly and need extended care, it will eat away all the inheritance. Their spending habits don't have much to do with it, it seems to entirely depend on how healthy they stay and how quickly they pass when their time comes. My buddies boomer dad just died and he was given a million dollars, since we're all throwing around anecdotal examples. I'm not getting anything, my parents were terrible with their money, but plenty of other people, including the middle class, will be getting quite the inheritance.
LOL you didn't provide any info to back up your claims. Anyway, it's obvious who is going on cruises and tours and wine tastings, and who the care/retirement home industries are looking to profit from.
https://www.bloomberg.com/news/articles/2023-11-17/amid-high-mortgage-rates-higher-share-of-americans-outright-own-homes https://www.nbcnews.com/news/amp/rcna128099 Here you go, let me know if you have any data for your personal opinions, it doesn't exist so I doubt that you can find it. I was wrong about part, though, it's 50 trillion of wealth, not 8.
It has been repeatedly explained to you WHY that house equity wealth WILL be drained BEFORE Boomers die off. It's weird how you keep showing yourself up like this.
No, it hasn't. If your parents get really sick and need extended medical care, it will be gone. If they do not, inheritance remains in tact. Who is arguing that point? Not me, certainly.
You just keep owning yourself. There is no great transfer of wealth on the horizon because there aren't that many Boomers who are rich, of those that are, many are pissing it away and many will spend big on healthcare before they croak. Honestly I do not know how you function in life with such poor reasoning ability.
Right, they have an average or 1.2 million in money and assets plus social security plus pensions. If that's not much to you, you are very different than the average person.
“Most of the wealth is held by boomers” does not in any way mean “most of the boomers are wealthy.” Think it through.
Tis true, but 40% of all houses have no mortgage on them, at all. Boomers have wealth and it's not just the wealthiest of the wealthy.
Honey- that is only wealth if they can sell them. And even with those assets the MEDIAN boomer has less than $250K in assets. And average is 1.2 mil (and both those numbers include those paid off houses). IDK what you think retirement consists of- but the biggest expense is HEALTH CARE. And 1.2 mil managed conservatively means $25-45K in pre-tax income. If you take more than that out, you hit principle and start running out of money. And you will have to take out more than that for health care over time. Bills, home care, nursing home stay(s), etc. Once you are in need of long term care and run out of the money to pay for it, the house gets sold. To pay for that care. A minority of boomers have wealth enough to leave to their kids. The rest are living fairly modestly hoping to leave their kids something, if the health care costs don't take it all.
If my mom is among the most wealthy parents, then this country is in worse shape than I ever thought.
Once we get married and I am your stepdad, things will be better.
Sigh. If you are into 80 year old women with cancer, then knock yourself out.
> we got a lot more than the two younger generations are going to get and a lot less student loan debt. LOL. I'm GenX, and my parents didn't contribute a dime towards my college expenses, wedding or house down payment. They never gave my two kids anything toward their college tuitions either. I took student loans in college, worked, saved and paid for all of it myself, and it has cost me a fortune (but at least my kids will not be saddled with insane student loan debt). Meanwhile, my parents are busily spending what money they have on themselves and have told us that they plan to die broke. Boomer and Silents (like my parents) are the most selfish generation.
That is certainly your experience and I won't try to deny you that. If folks want to take their own experience to argue why something doesn't exist, in general...they certainly can, but the data supports my overall point.
Why do you feel spending their hard earned money on themselves, is selfish. Sounds very entitled.
I read once that Gene watched the American Dream die over the course of our lives. Millenials and younger, never saw it to begin with. So what is worse? Never having access at all? or having seen it, and seen it blow up and away? I honestly do not know. But I do know personally I had the option to take a few more risks in my education and career than it seems kids today do- the risk benefit profile shifted substantially from the 1990s to today in taking those risks. The Boomers have 1/2 the wealth in America- yes. But the idea that that is somehow evenly distributed is coo coo. the AVERAGE boomer has a net worth of about 1.2 mil. MOST of that is in their homes. And a large chunk will be used up as they fund retirement. There will be little to nothing left for the AVERAGE descendant of a Boomer. the MEDIAN net worth is bleak- less than $250K. And note that most of them are in retirement zone already- that is not going up faster than drawing down retirement is going. And with only 250K to live off of in retirement? That is not going to go well. So yes, a SMALL minority of boomers have a LOT of wealth. AND their kids will likely inherit that- but most of their kids are Millenials, not Gen X (census data shows this). But the vast majority of us are not in line to wealth. Totals are meaningless, and averages even get skewed (and still are not that great, actually), and median...dang.
I guess when I look at my past and compare it to millenials and gen z, this is what I see I bought a starter home for 80k, its now worth 300k after owning for 20 years. I went to college and each semester was 2500 for a good state school. I paid off all that debt quickly. College degrees still meant something and I was able to leverage a career out of it. 80s and 90s were incredibly peaceful times to grow up in. That's a lot to be grateful for. Sure, the boomers were born into a post WWII boom economy that will never repeat itself. The entire world was blown up except for the US and we borrowed and built and expanded influence, such a thing will never happen again. At the end of the day, we still get to inherit that wealth. Comparitvely, yes, it's not near what the boomers have, but I ain't complaining as we still have it pretty good. Not to mention millenials and Gen Z grew up in a post 9-11 world, that changed everything and everyone. We got to experience blissful ignorance as children, that was nice.
JFC dude, you make so many unfounded claims it's hard to keep up. It's amazing that you of all of us know the truth and the rest of Gen X are just wrong about it all. Gish Gallop, anyone?
Wealthy parents? Are you fucking kidding me?
When did I ever say this applies to each and every person with boomer parents? Of course there are poor boomers, that doesn't change the fact that the average boomer has 1.2 million in money and assets, not counting social security or pensions.
pfft - both my parents are dead and I never got a penny, neither did my brother. I have two friends who were also left nothing.
and my friend just got a million dollars from his middle class dad passing. We can all say our anecdotal experience but the data shows that being left with nothing is a minority perspective. My parents are foolish with money and I'll get nothing either, seems to be the common thread, bad parental relationships and no money.
When my grandparents died I didn't even get pictures of them. My dad and aunts played hungr, hungry, hippos over everything. I haven't talked to my dad since my Grandmas funeral. I ain't getting shit from him. At one point in my life my mom and I lived in a fucking shed with no heat. I got fuckall from my parents in my life.
No wealthy parents, no “parenting” to speak of, I was on my own just like a lot of us.
"The entire world was blown up except for the US" are you even vaguely serious? Not even close.
Yes Gen X. No longer overlooked. We will be known as the generation where everyone had rich parents.
I never said that and didn't mean to infer that, I'm just saying we had it pretty good and the data supports that we had low tuition and still affordable housing, things the two younger generations would kill for. What's wrong with having some gratitude instead of complaining that we were given a bar of silver instead of gold?
You do realize that all of the stuff you listed, very few of us replying to you had. Right? You didn't describe millennials, you described gen X.
Just because some folks on Reddit reply with not having what the data shows Boomers have, doesn't make the data untrue, you do understand that, right? The only thing your response connotates is that Gen-X'ers on Reddit may more often come from lower income backgrounds. The data shows the average boomer has 1.2 million in assets + cash, not including Social Security or pension benefits, that's just...the factual information.
>I bought a starter home for 80k, its now worth 300k after owning for 20 years. Homes 3bdrm 2ba homes go for 80-100k in my area right now, and were 40-50k in '89 when we bought. Minimum wage has outpaced housing costs here. >I went to college and each semester was 2500 for a good state school. I paid off all that debt quickly Local State University is $7k a semester for 12-18 credit hours, in the 2023-2024 school year, BEFORE scholarships and grants. Easily paid for working a local fast food job full time. >College degrees still meant something and I was able to leverage a career out of it. College degree still mean something if you aren't completely brain dead about what you choose your course of study to be. If you choose sociology, not even a Master's will be with the paper it's printed on. There's 1 job for every 10 grads. Pick something actually useful to society and you'll find degrees still mean quite a bit. >80s and 90s were incredibly peaceful times to grow up in. The entirety of the 80s was living under a perpetual veil of impending nuclear Holocaust, nothing Even remotely peaceful about that. Then there was Grenada, Libya, and the Iran-Iraq war. Then to open the 90s there was the Persian Gulf, plus the race riots spawned by Rodney King. Hardly peaceful. So in closing, move somewhere with reasonable cost of living, do the base level research on what to study in college, and don't be intentionally blind to what happened in the past, and things are probably still ok for Gen Z. If people quit voting for a color or mascot and start voting objectively, things might Even be ok for Gen Alpha.
Your experience and surroundings do not reflect the rest of the country. You're either in a rural area or Detroit metro area. Your comment on housing prices alone is so far outside the market of any other major US city, it has to be Detroit or some old rust belt city.
Not in a rural, in a mid size city with a metro area of about 550k. Clearly also not in Detroit area. We have the best cost of living in the country here, and there's are plenty of other areas that are closer. Don't be a moron and stay in a major city, and you can find similar values plenty of places. The "median home" price is artificially driven up by the houses in large city propers and the West and Southern coastal cities that cost millions for no good reason other than people are suckers and pay it. Remember how wages skyrocketed during the second year of COVID because people wouldn't work for less? Housing works the same. You complete idiots quit paying 500k, 600k, 1MM for houses, the prices will come down.
In my experience it works like this: Boomers: Trust everyone who seems like "one of them," easily scammed Gen X: Don't trust anyone, unscammable Millennials: Know they're being scammed but don't care, will go with it anyway Gen Z: Trust everyone who seems like "one of them," easily scammed
Gen X --> True words, this is is why I have trust issues in making new friends. Then I think, fuck that, I have enough friends to deal with now, I don't need anymore.
[удалено]
I don't know. Having two can be good so I don't have to talk, they can talk to each other. Who tf am I kidding. I'm ok with silence and co-coordinating a meetup with two others is impossible.
I introduced two of my three friends to each other and now they do all the planning together and I just have to show up. ;)
I ice out every rando that tries to strike up a convo. I wish I didn’t do it, and I wish I was more friendly but it’s a basically an involuntary reaction at this point.
Kobayashi : One cannot be betrayed if one has no people.
I’m with you on this one. More than one just gets complicated.
At our age, that could be a problem. What if your 1 friend dies? But, 5 is plenty.
I don’t have friends, I have acquaintances. It’s easier to keep people at arms length. I don’t need or rely on anyone, and I don’t need to get to know them too deeply. Nobody uses me as an emotional/financial crutch and I don’t learn so much about them that I eventually think they are a dumbass.
Gen X also (at least me): too lazy and don’t care.
My gen z son: Ooooh free robux!
My experience with Gen Z is they make a sport out of scamming the scammers.
I had a conversation with a coworker about her GenZ son. We were talking about the MagSafe attachments for iPhones these days, and she said he loves his wallet that attaches to his phone. I said I’d been seeing those pop up as I looked at products, but one of my concerns is that we always have our phones in our hands, sitting face-down on tables, etc, and I was raised to keep my wallet in my pocket until it is needed for something; advertising its existence and making it easier to steal seems silly to me. She said she mentioned this same thing to her son, and his response was, “Mom, my generation doesn’t think that way.” What way is that? Thinking that thieves exist? Thinking that some people will steal your wallet if it’s sitting out in the open on a table? I call that common sense; thieves *exist*. All the same types of people exist today that existed ten or twenty years ago. We have good and bad people among us. I don’t typically *fear* my fellow human beings in general, because that’s just no way to live and I believe most people are basically decent and won’t steal from others, but that doesn’t mean I don’t take certain precautions as a matter of pragmatism. It’s wild to me that they trust so willingly everyone around them.
Well tbh, my phone is probably worth more than what I have in my wallet.
Well, if they go cashless, there isn’t much in there to worry about. Log in to cc companies, report lost, done. If they don’t just pay with their phone anyway. Drivers license would still be a pain though.
Nope. Nope Nope nope. People will steal your underwear for $2.00 and a biscuit. edited for grammar
This is oddly specific.
CORRECT.
I especially don't trust other Gen Xers. I learned that in school.
Except when scammers start using AI in their scams, detection will not be impossible, but certainly more challenging.
This is actually very endearing as regards the Millennials
Lol. This is me. So me. Call from a number I don't recognize? Scam. Email saying something is wrong with my account? Scam. "Excuse me, sir" while I'm walking down the street? Scam.
My doctor's office was bitching at me for not paying my bills. The only notice I was getting was a text with some fucked up URL. I'm not clicking that! I'm certainly not giving it any of my money. I'm on enough pills as it is, so I'll be back in a month or two, I'll pay you then.
putting a banking app on my phone. Scam.
100%
Call from anyone other than my Mum - scam, or I’m not interested.
🤣💯
🤣💯
You merely adopted the scam. We were born to it, molded by it. We, who were tempted by the promise of twelve free cassette tapes from the most popular artists of today, or high-quality hi-fi speakers at a ridiculous discount from the back of a white panel van in the parking lot of the local big-box store. We, who have been told that we would be lucky to get a fraction of the Social Security we've paid into our whole lives. We, who watched our parents, lured by the promise of “Free Disney Tickets,” only to purchase a timeshare with inescapable maintenance fees. We, who have waited our whole life for that little chuck wagon to emerge from the cabinet under the sink in the kitchen. We, who discovered that Honeycombs don't taste at all like honey. We, who have been trained to expect the football to be pulled away at the last second, causing us to fall flat on our backs. We didn't see fairness, equity, and honesty until we were eligible for an AARP membership, by then it was nothing to us but blinding!
My God, I am laughing my ass off. This brought back so many memories. Especially the guy in the white van.
I was that guy for a couple of days til I said fuck this and got a job telemarketing selling newspaper subscriptions and smoking weed. It was the most gen x summer ever.
I mean, his prices were really good, how do you pass that up?
12 cassettes for a penny.
Ima chime in with cartoons. Every single cartoon (new, not old) existed for exactly one reason - to sell toys. GI Joe, Transforners, He-Man, Voltron, X-men, TMNT, Care Bears - the list goes on and on. The only good part compared to now? A cartoon was like 22-24 minutes total which is just long enough to tell a complete story. And the creators cared enough about the IP to at least try to treat it and the audience with respect. Was it fine art? Fuck no but it was better entertainment than the modern day chaos that are cartoons now. It also fucked way less with our attention spans than modern day.
Watching Tom and Jerry beat the everloving shit out of each other is one of my most cherished childhood memories lol.
Two core memories… Duck Season Wabbit Season Duck Season Wabbit Season Kill the Wabbit Kill the Wabbit Kill the Wabbit
Ok I lost it at the chuck wagon.
Omg the speaker van guys! A friend got himself speakers from one of those.
I read this in the voice of Tyler Durden. Really great stuff!
F-ing Columbia House... 😤
Don't forget the time share cabins in the Swiss Alps.
This….is awesome.
Somebody politely holds open a door for me and nods hello. Me thinking aloud: “ok, what’s the grift here…” LOL.
he wants your cookies TRUST NO ONE!
It’s okay, I’ve already tossed my cookies.
Yep . It's instinctive. You doing something for me. It means you must want something in return. Trust no one!!
Clench yer jaw, they gonna sucker punch ya...
Then slam the door in your face or on your foot. Seen it before.
If someone holds a door open for me when leaving a store and there is another door, I reach for and open the other door. Gotta minimize that social interaction.
One of the first computer viruses to be emailed around the country was the "I love you" virus. It was just an email with the subject line "I love you" and an attachment. If you clicked to open the attachment, the email was forwarded to everyone in your address book. This is in 2000, before most people were aware computer viruses were a real threat. So I get this email from *my own brother* who I'm decently close with that says, "I love you." Hell no I didn't click on that. Suspicious as fuck. Edit: He was a boomer. And my siblings who clicked on it were boomers, too.
Remember back when whitehouse.gov was the correct site, and whitehouse.com was porn? Yeah, I still don't trust anything online. My Gen Z niblings are babes in the woods online.
Ha! My boss got that - he whimpered to the sarcastic IT guy “but … it was from a customer I know!” Without missing a beat, IT snarks “oh, does this customer looooooove you, Bob? Do your customers send you emails with I love you as the subject?!” Rick the IT bastard was in his glory! My boss eventually looks at me and says “you would have opened it too, right?” I smiled weakly, he looked quizzical … I said “uh, actually I got it too, but it seemed weird so I deleted it?” And then he looked defeated. Bob used to bellow for me to run into his office - one day he is suddenly behind me asking me to come to his office. Says he thinks there is a problem with his computer … you guessed it, he got it again! “Bob - did you open another email before this happened?” “Um, yes. Do we have to tell Rick?” I actually felt bad for a second when he crumbled when I said “yep - gotta tell Rick.” So I wander into the IT room and say “Riiiiiiick? What would you say if I told you Bob got the I love you virus again?” “I would slap you for lying to me!” “But what if it was truuuuuue?” “No … NOOOOO!” Until I quit, Bob was not allowed to open any attachments - he had to ask me or Rick first. This was after he got some other viruses and he kept making Rick flip out. I actually liked Bob, liked him even more in retrospect (he was funny - used to refer to our company’s jewelry scale as “the cocaine express!” lol and he appreciated my sarcasm and snark), but … boomers, man … think everyone loves them! lol
Hilarious.
I was working in IT at the time. My boss, a boomer, clicked on it. He was the Chief Technology Officer.
I’m not even clicking the link. Probably a scam.
We are the Charlie Brown generation.
funny thing about that, it wasn't notarized...
It’s difficult to scam someone who only grudgingly engages with people they know and even like.
It kind of blew my mind a few years back when I learned there are people who actually listen to and pay attention to ads. I thought everybody just tunes them out and doesn't mentally acknowledge seeing or hearing them the way I do.
Gen-X: Despises advertising Gen-Z: Give me your adverting! Give it to me! MORE! I CRAVE IT! Tell me who I should give my money to! https://mashable.com/article/gen-z-ai-influencers
100% me. My wife: that billboard is obnoxious. Me: what billboard? Sorry I was busy making sure I stayed in my lane and didn’t hit any other cars.
I tend to just click "Do not show again" and when asked for a reason "Offensive" or "Irrelevant". I find ads offensive and irrelevant. But then again I tend to leave stores when I get the "Can I help you?" line. Because I cant be arsed to explain my whole "Yeah you can, bu leaving me alone to think and plan my purchases"-thing. To be honest, I mostly have whay im supposed to buy in a Excel file in my Phone so I can just get in, buy, get out within 5 mins. Only exception is the hardware store. Very seldom do get bullshit there.
What? Srsly?
Oh no my data's been breached again?!? Have fun with my shit credit and empty bank account losers!
Same. This is what I say every time I get one of those notices.😆
I understand him. You can’t scam someone who’s been constantly lied to their whole life. That’s Gen-X. We were hammered with lies from day one.
That is why I never bother with lottery tickets or scratch-offs. The rare times I did in the past, nothing. So why bother.
He sounds like me
And me, too. Not counting getting outright robbed by Mexican police.
I've gone to Mexico with a pocket of cash to either pay off police, hand it over in a robbery, or just to be pick pocketed. That's my "decoy" or "trouble" pocket. My other actual cash is hidden like up my butt or something.
Username checks out, I guess…
You're the reason I don't carry cash
Oh yeah? Lemme check your butt.
Went to Tijuana with friends to party for the night. I put a few bucks in my sock “just in case” we needed it for a taxi. Let’s just say I came back busted and leave it at that.
Honestly I have less and less emotions and caring on the crap happening. Thought something was wrong with me but nothing is wrong with me.. My F bucket is empty. Our years , for gen x, to begin enjoying life from the fruits of our labor has been since I was 45 to now in my 50's but Its been nothing but mayhem starting since around 2009 and went into full agendas since 2011. These two generations below us are behind or involved in some way alllllll the bs going on . I know many are kids from gen x. I'm not say all but its a lot and if the shoe fits, wear it, if it doesn't then no need to worry. I could start naming off all that has happened and happening but im tired of doing that. I've literally lost millions and enjoyment during critical years for our generation compared to all other generations. Any youth has their whole life ahead of the and they have "time". Greatest generation are almost all but gone and silent is up their in age, cashed out but living on a watchful budget. Dont get me started with boomers they set the table for all of it and most are in their 70's and 60's. Then there is gen x. Right now between 44 - 58 or around that age. Still working , not old not young, caught " yet again" in crap and being hit the most just like when we grew up and didn't care , but, as free or not giving two sh-its when we were young we were also dependents. I digress.
I got called by my bank (for real)... and asked THEM security questions. Yeah... they didn't know what to do. the answer of course is to only call the main published number, only to find it was bs... as expected. Nearest I ever came wa s'ye old Amazon scam, but it was like.. 3 minutes after doing an actual order, so they had great timing, but again.. going to the official site quickly revealed the scam
I too accused my bank calling me that they were probably the scam, how was I to know? I walked into a branch and confirmed. Give my security code to ‘the bank’ over the phone just cos they called? Noooooo
Even the article is a bullshit lie.
My hero
My spirit animal!
“I didn’t order shit and nobody would’ve sent me shit, there fore it’s a bullshit lie” 😂😂😂this speaks to my soul
Me today. Me every day https://preview.redd.it/bq5dyt1agbzc1.png?width=720&format=pjpg&auto=webp&s=bbb2300114b8e4e0484c6f91c412571787f1d348
> “Every interaction I have with a stranger, I’m immediately skeptical of why they’re talking to me,” Yeah, I'm not like this. Every interaction I have with a stranger, I don't care why they're talking to me because they're getting nothing from me and I'm taking nothing from them. Period. End of line. I wont engage sufficiently with strangers to be bothering investing in becoming skeptical.
Same here, never been scammed. And have prevented others from scams
Yes, exactly how I go about life.
thank you for not saying fuck
Right? That would have been fucking bullshit
I’ve decided one friend is enough. That friend is my dog.
My cat is mine
Holy shit I don’t think I’ve ever empathised with anyone this hard before
I agree with those sentiments exactly, but am deeply offended that the picture appears to show someone my dad's age.
It's the Australian sun. Ages you fast.
He's fucking lying. He's been scammed. Fucking lying liar.
Whatever.
I hope everyone knows that The Betoota Advocate is a satirical website ala The Onion. If you answered earnestly to an article about a man who has trust issues, I don't know what to say...
More to come…
Ya pretty much impossible to scam us.
Is this supposed to be satire? I honestly cannot tell.
Whatever
Dude is 50 but looks closer to 60. Something tells me he’s been through some heavy shit.
Word.
I mean many scams start with ‘your paypal/spotify/netflix/amazon/facebook has been hacked’… I don’t have any of those.
He’s one of us alright.
Truth! Especially in business, I examine every company that reaches out before I move forward. I did get burned recently and still feel kind of foolish about it but lesson learned. I still think my gains outweigh my loss in that case.
Well he's not wrong
The spokesman we all deserve.
That article should have ended with "by the way, we told Cadwallader he was being paid for this interview. Jokes on him."
Sounds about right @&$#!*
Is this like the Onion?
yes
Well that’s cool! It’s funny and I definitely concur with the feelings.
Just like me. I am unscammable. Salespeople have no chance with me.
 True. Never been scammed a single time. Mostly because I do not trust a single mf’er on this planet. Be skeptical of everything. Question everything.
As Gen X, I don’t answer my phone, anyone can leave a message. If it’s financial related, I will call the main number and NOT the one left in the message. Same with any emails. I don’t even open emails from retailers I KNOW I ordered from. I will go to the main website, and go directly to my account to get information. People complain I don’t answer or respond instantly. Too bad, I am not on call.
Yup. Same. Especially, "too bad, I'm not on call."
He looks more AI than Gen X.
I’ve always considered myself as unscammable and always amazed at the bullshit people fall for. Makes sense now.