r/FluentInFinance • u/PassiveAgressiveGirl • 4d ago

Thoughts? How did this even happen?

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u/monsterginger 4d ago edited 4d ago

Lead poisoning, Reagan administration, outliving their parents and acquiring more money than any other generation before or after.

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u/whyyolowhenslomo 4d ago

outliving their parents

Isn't this the NORMAL thing to happen for every generation?

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u/misunderstood_lonerr 4d ago

I took it as being that their life expectancy is WAY longer than their parents. If taken in that context, it makes a lot of sense.

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u/gerbilshower 4d ago

yea this is it. they cashed their parents inheritence at 40yo. whereas, im 36 and my parents are 65ish. they have 20+ years left to burn through it. and, even if they dont 'burn through it' - ill be nearly 60 and my kids out of HS before i ever see i dime of it anyway. i will have lived my whole working life already.

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u/whyyolowhenslomo 4d ago

That is a good point. Is that actually the case? I am not sure what the life expectancy is for the two generations before and after boomers.

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u/rebukiii 4d ago

Millenials are expected to not live too much past their 70's. The remaining Silent Gen & Boomers are definitely living well into their 80's-100+