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.

    • Saleh@feddit.org
      link
      fedilink
      English
      arrow-up
      10
      arrow-down
      1
      ·
      1 day ago

      So much this. In my country my parents generation could afford buying a house on two middle class incomes when they were end of 20s early 30s. In my generation that is only possible with generational wealth.

      • iamdefinitelyoverthirteen@lemmy.world
        link
        fedilink
        English
        arrow-up
        8
        ·
        1 day ago

        I will never be able to own a home because the cost of a down payment goes up with the market, while my saved money’s value stays constant (goes down with inflation). It is literally impossible for me to save it fast enough, even if I saved $1000, which is half of what I pay in rent, per month.

      • Imgonnatrythis@sh.itjust.works
        link
        fedilink
        English
        arrow-up
        2
        ·
        22 hours ago

        As much as I dislike not having savings and something to hand down, this generational wealth crap is a big part of the inequality we are living in now. The more this is normalized the harder it makes it for anyone that doesn’t have it to succeed. As someone that doesn’t have it I’d personally like to see society bend toward making things more accessible for those without the silver spoons.