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PoindexterOglethorpe

(28,493 posts)

4. This is not new.

Reply to marmar (Original post)

Tue May 17, 2022, 11:26 AM

May 2022

I'm a 73 year old Boomer, and I can recall lots of fellow Boomers saying they saw no point in saving for the future. All too often they'd simply assume they'd die before retirement, with absolutely no basis for thinking so. Surprise, surprise. Most people live significantly longer than they think they will.

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Highlight:

Millennials/Gen Z have hit an 'apocalyptic' phase in which they don't see the point in saving....... [View all] marmar May 2022 OP

I just gave a young friend $1000 to start her roth IRA account. Tomconroy May 2022 #1

The World's a Mess. So They've Stopped Saving for Tomorrow. Celerity May 2022 #2

I can see both sides nt XanaDUer2 May 2022 #3

This is not new. PoindexterOglethorpe May 2022 #4

I have one of each eissa May 2022 #5

Yup Johnny2X2X May 2022 #6

There may be some validity to their attitudes. Chainfire May 2022 #7

No point in them saving. It will be eaten away and lost by things beyond their control. Autumn May 2022 #8

It might help if savings accounts offered interest instead of just fees. Earth-shine May 2022 #9