DISASTER Matt Bracken: Baby Boomers Better Beware

TBonz

Veteran Member
Boomer/Gen Joneser here. We didn't get all the goodies that the early Boomers did. So what. You play the cards you're dealt. We also didn't fight WWII or Vietnam. Most of us once grown up were not into generational wars with either older people or the young ones.

We worked for what we got. Yes, we have a house. Not a McMansion, but a decent house. However, 2 of my 3 children also have houses. The third one doesn't because she is divorced and you can't afford a house in a city without a partner and I doubt she'll ever remarry. That's too bad but it's the reality today. Two need to work, for the most part, if you live in a city. It's one of the things that happened when women starting working. Unintended consequences.

Each generation has its own bonuses and its own woes. Nothing is new under the sun. Instead of whining about how elders had it better, just get on with it. I'm profoundly grateful my husband never had to go to war. We were born at the right time. That wasn't true for the three generations before mine. Yet they had advantages my generation didn't. That was their hand dealt. They played it. We played ours and our generation has begun the exit from life.

Good luck, Gen X. You're next. But you know what. Each generation rises up to the challenge. The kids will be OK.
 

Doc1

Has No Life - Lives on TB
I think we are the target, not because we did or didnt do anything, but because they dont realize every generation has a struggle. For them, it is the American dream is not attainable for them. The average Gen Zer cannot ever afford a home. When we were newlywed age, the price of a home was about 1.5 - 3x our annual salary. We bought homes for around $40K - 200K. Gen Z today faces homes that start at $400K for a fixer upper. The first time home buyer in our generation was about 20. Today they cannot afford that until about 40 if ever. Meaning the rest of the "rites of passage" are delayed like marriage and children.

For them - a nice home with a white picket fence, 2.5 children, a nice car isn't attainable.

Income has not kept pace with the explosive growth of home prices. They were more in line when we were starting out. It was hard, but not impossible. It is impossible for them.

They are mad at us out of envy/jealousy. Not always in a malicious way, but in a way that you are faced with the fact that the markers by which traditionally men and women are measured of success are the things that are no longer attainable for them - college - nice job for lifetime - marriage - home - children.

So many Americans - including some on this board - still fail to realize that many, if not most, of our social ills result from the corruption of our currency.

As an example in my own family, my parents built a new house in 1970. The total cost was $42,000. decades later, that same house sold for over $400,000, a nearly 10x gain...or was it? In nominal, Dollar terms yes, it was a 10x gain, but in terms of purchasing power it wasn't.

IOW the 1970 Dollar was worth a lot more than the later Dollars my parents sold their house for. Now, knowing the house, the neighborhood dynamics and several other factors, yes, my parents made a profit, but it wasn't nearly the profit the raw 10x figure would appear to show. In 1970 the US Dollar was still (supposedly) backed by Gold. In 1970, the US didn't have nearly enough Gold to back its currency, as inflation ripped through Dollar value throughout the late '60s, but the Dollar/Gold fiction was maintained. In 1971 the link between the Dollar and Gold was officially severed and inflation took off at a fast gallop.

Most of the currently high home prices are the result of the entrenched and systemic inflation in our economy. Wages and salaries have not kept up with this inflation - as they never do - and that is why young(er) people can no longer afford to buy a house. Understand that it's not just the young who can't afford housing. Many older, economically lower class and lower middle class people can't afford to buy houses, either.

Best
Doc
 

Doc1

Has No Life - Lives on TB
The oldest Boomers had just turned 20 and were being drafted to fight in Vietnam. Boomers at the time couldn't vote until they were 21. I am in the first wave of Boomers that could vote and that was 1972, about 6 years later. I was born in 1954, on the cusp of Generation Jones. They were hit the hardest by deindustrialization and the resulting "deaths of despair" from 1998-2014.

But I can see where some of the hostility comes from. The No Kings protests are populated mostly by Boomers. And I see in some of my fellow Boomers this smugness due to a supposed moral superiority.

I think what you meant to say is that the No Kings protests are mostly populated by idiots.

Best
Doc
 

MountainBiker

Veteran Member
Yep. We just got back from enjoying Easter with our kids and grandkids. DD lives in a very nice "McMansion"... 2900 feet (not counting attic and basement, both of which are finished..the basement is a nice woodshop, with a 3D printer among other creative goodies) on 2 acres

It was built in a neighborhood of half million dollar homes, and will absolutely be a target in a Mad Max situation.

But the thing is...it's essentially worthless in a grid down situation. Fully electric, not defendable, and while they buy beef, chicken and pork from us...half a cow, a whole hog and 25, 6# chickens...AND grow a small garden, its simply not sustainable. Granted, they have 5 laying hens (6 until a hawk took one out in December), they are fully dependent on purchased feed.

What they do have is *skills*. All our kids are technically "xennials"
________________________________________________
Kids born between 1977 and 1983 are referred to as Xennials, a micro-generation bridging Generation X and Millennials. Often called the "Oregon Trail Generation," they are unique for having an analog childhood (no internet/social media) and a digital adulthood, experiencing both worlds. They are considered tech-adaptive, resilient, and the bridge between two generations.

Key Characteristics of Xennials (1977–1983):

Analog Childhood: Spent early years with cassette tapes, landline phones, handwritten letters, and television schedules.

Digital Adulthood: Hit by the internet boom and smartphone adoption in their early 20s.

Cultural Cusp: Experienced the "Wild West" era of social media but remember life before it.

Outlook: Known for a blend of Gen X cynicism and Millennial optimism, often feeling in-between the two.

Technology: They did not grow up with technology, but had to adapt to it quickly.

They are sometimes referred to as the Star Wars Generation or Generation Catalano. They are sometimes called "Zenials," although that term often includes those born up to 1985.
_______________________________________
They grew up working hard on our small dairy farm, we on,y had a TeeVee sporadically...my parents would "donate" one to us. We got three channels...mostly. When it died, no one cared enough to spend scarce money to replace it. So, 2 or 3 years later, soneone would feel sorry for our "deprivation" and donate another tv. Which would more or less be ignored, unless something like the first Gulf War was being broadcast, or the Kentucky Derby I loved to watch.

They started working for others by the time they were 12...we once "lent" the two oldest boys (11 and 12 at the time) to the sale committee for our breed of cattle having a State consignment sale. They were there to wash and clip cows, clean stalls, run errands..whatever was needed.

When hubby and I showed up at the sale, we were accosted by an older gentleman, who demanded pen and paper from me. I was thinking he forgot basic supplies to take notes about cattle he might want to buy, and was digging in my purse to try and provide what he needed, when he stopped me.

He said, laughing..."I just wanted to write a letter of recommendation for those two boys of yours! They've accomplished more than any five of our grown men, and they've been personable, responsive and willing. We NEED young men like that!"

Our daughter's first job was helping in the butcher department of our local Supermarket. I remember her coming out from the interview, crying her eyes out. I was ready to console her when I discovered she'd been hired immediately when they heard her last name and learned she'd been raised on a farm!

None of them have ever been unemployed. Second son is on his second week off, before starting a new job (project manager for a major engineering firm). He quit his last job last month, as they were abusing his hard working good nature. The last straw was when a very accomplished old timer retired, and they gave DS his entire job... on top of the one he was already doing. Yes, they gave him a 20% raise...which was still 6 figures below what the old timer was being paid. He found a better job in 2 weeks.

They all worked their way through college (the two who wanted the "name" degree went to State schools for 3 years, then transferred and got the diploma from the "fancy" college). One bought a duplex which needed some TLC. He renovated the entire thing, and paid off the mortgage with the rent from the other half. It was paid off in 14 years. One bought a HUD house, and (admittedly, with some cash help from his Boomer inlaws) renovated it, and had it paid off, along with chunk of land outside town, when the city house burned.

Our DD and her husband bought a starter house (new, relatively cheap subdivision) for $95k just past the year 2000. They paid it off in 15 years, and now live in the previously mentioned McMansion..except it's built 10x better than most, because SIL hounded the contractor about code violations and shoddy work until the guy quit..so DSIL took over the project as the main contractor...and it got done right.

Oldest son rented for at least 15 years. Then he bought a rural property with three friends...they put up the cash, he built a 3 bedroom "cabin" (hardwood floors, granite countertops!)...and he also bought a 1950s ranch house.

Yes, they all take vacations, and eat out occasionally...but they prioritized savings, and also taking jobs that provide excellent retirement supplementation.

They did this with almost NO financial help from us...we simply didn't have anything extra. They did "shop" in my preps if they needed, and we let them charge parts and stuff they needed for their cars on our account in town. But 10 years later, when the government screwed us on the milk price to the point the farm price for milk cost the farmer $2 for every 100# (12 gallons) he sold...one of our sons went to the auto parts store and quietly paid the entire bill.

I think people need to stop with the labels. And boy, do they need to talk and LISTEN more! We talked with our kids...no, we didn't burden them with the details of how hard it was at times! But we told them that we were rich in what counted, and we taught them to be grateful for the land, and what it was able to provide for us. Other kids got "Fruit RollUps" in their lunches. Our kids did, too...but ours were made from wild blackberries and strawberries!

The other points are valid, too...I grew up in a 1200 sq ft house..just 4 of us. Hubby grew up in an 1864 farm house with 4 sisters...no heat in the upstairs bedrooms. No TV. No wifi.

It was a very different world. I can't imagine what it might be like when my grandchildren are having kids!

Summerthyme
Xennial. I like that. My kids are xennials too that grew up starting in our starter home, then middle class housing, then in a McMansion as I worked 60 hour weeks for decades advancing my career. Now am on what I'll call a large country property which is my personal reward to myself for a lifetime of disciplined sacrifice to get out of the circumstances in which I grew up and achieve an adult life I couldn't have dreamed of in my early years. Son is also in the countryside up here in a middle class home but daughter is in a McMansion in a wealthy suburban neighborhood of a major southern city. We have a 2nd home in a middle class subdivision in the same town which makes longer visits easier on us. Lots in my subdivision are postage stamp size.... 1/4 acre or less and in daughter's 3/4's of an acre or so. Not a veggie garden or fruit tree anywhere to be seen & lots too small to be useful in this regard anyway, not to mention that awful red clay for soil. The retention pond with its stagnant water would be the only water source for my neighborhood in a grid down situation. Daughter's neighborhood is on a large lake but even that water would need disinfecting. This otherwise picture perfect suburban paradise is a death trap in any kind of societal breakdown. As much as I like visiting daughter & grandkids, I always breath a sigh of relief when I get back home. Son is astutely aware of the world & lives nearby but daughter & her hubby just think I worry too much. I doubt they will heed my warning that its time to get out of there and head to my place, though realistically being 6 States and 14 hours interstate driving away likely makes that not plausible in any fast breaking event scenario.
 

Jackpine Savage

Veteran Member
FDR was born in 1882, I don't know what they called that generation. I think he and his comrades were responsible for the start of the downward trajectory. LBJ was born in 1908, he and his comrades compounded the problems. Nixon was born in 1913. He was the one that took us off the gold standard. If he hadn't opened up China, we might still have a manufacturing base, though there is no excuse for someone not to have made a course correction before Trump finally did.

The point is, rather than blindly assigning blame to a generation, focus on the policies that are the problem, and fix them, which I think Trump is trying to do.
 

Southside

Has No Timebombs, Lives on Life
If everyone thinks it is tough to buy a home here, you should look around the world.
Housing is expensive everywhere. At least there is earning power here. Te rest of the world is WORSE. much worse.
Average earnings 20K/year, 2000sq ft house, 250K USD.

The problems are everywhere. Look at Europe. 1/3 less income than US, more expensive to live in all the northern countries.
 

jward

passin' thru
It's assisted suicide. And an incredible amount of money is gained by harvesting the organs. A very nice profit for the medical industrial complex.
And it's TERRIFYING.

And yeah, they want us dead, off the books, our assets theirs and that is why they're doubling down on trying to engineer this generational divide. Like all divides they've created, the game of lets you and him fight so I can sneak off with the spoils deserves to come with consequences for the phat cat grifters who push it.
JMHO!
 

Sacajawea

Has No Life - Lives on TB
I first heard the suggestion that Bracken just made - about 10 years ago. Yeah, I suppose more people will be open to the suggestion now. It made sense then, to me. No one I tried to talk to about it saw any reason for that mindset.

Not much has changed. And it's less about generational warfare as it is class warfare. You can thank all the commies for their infiltration of educational institutions for that, as well as social media.
 

CaryC

Has No Life - Lives on TB
You know, as a boomer, I'm sure glad to find out that everything was handed to me on a silver platter. Otherwise, I sure would have thought I had worked my ass off all those years working 2 or more jobs for nothing.

Yes, dripping sarcasm.

Dumb ass kids, everything has been a participation trophy in their lives. I wonder how many of them went to work 6 days a week, 10 hours a day at 15 yo, so that they could have clothes to wear? I've worked twice as long as most of them have been alive.
Not only that but blame others for their laziness.

And never compare the cost of a house in the 70's verses the income. And size. I mention the 70's cuz a lot of boomers where just hitting their stride on work, family, houses and cars. That is those that were still alive after Vietnam. When I also served.

The 70's though the mid 80's were high unemployment times and high inflation, and high mortgage interest rates. And when I say high I mean double digit. Is that ever mentioned by those who down boomers? No never. I'm still living in our "starter" home. 2 bedroom, 1 bath and raised two boys. Which is around 1100 total square feet including the non heated areas. The cost was 18,000.00 from a great uncle, and working two jobs, could barely afford the monthly payment, of 250.00. Which was on a balloon payment loan. And the place was a piece of junk when we moved in. Built in the 1930's. Been vacated enough years that we had to cut a tree down to get in the front door. You couldn't even see the place from the road due to undergrowth.

Since then we have done a lot of work ourselves or hired it done.

Sold 30 Pine trees in our front yard. Made enough to rent an old timey stump grinder, ground all the stumps over one weekend.

Paid 350.00 for a bulldozier to come and bury the rest of the undergrowth in the front yard. Which was the money it cost for a 4 hour job.

Went up to my mom and dad's and cut Zoyia grass out of her flower beds and replanted and sprigged out the grass in the front yard. All by hand. Meaning a shovel.

Re- plumbed, and new septic tank, most of the house and took the single pull string light bulb and 100 AMP fuse box, and rewired the house. After some 40 years we re-did the wiring again, with new wire and pug-ins. and a new 200 AMP trip switch fuse box. Paid for the 2nd re-wiring but the plumbing and first were done my me.

The house has no insulation. Although I did remove all the asbestos-cement shingles from the siding and put a 1" Styrofoam siding covered with real Western Cedar. With the Board and batten design all done by me, on my days off, with a box cutter knife, and a skil saw. No table saw, no chop saw, just a hand skil circular saw, and guide. Because all the batten had to be ripped.

The money to do all this came from raising Boxers. As we could barely afford the monthly payments on what I made.

Re roof the out side twice. I did both. The first time was with shingles, and it was 106 degrees. After some 15 years it needed roofing again. And I decided I was tired of this so went with metal. Also done by me, but this time my oldest son helped.

By the time the 2nd re-roofing and re-wiring was needed I had switched jobs to Cooper which started me off with a raise from my other job by 0.50 up to a whopping 9.50 an hour but was also on a swing shift, so a 2nd regular job was out of the question. A lot of the guys I worked with did odd jobs on their days off lawn mowing, handy man etc....

All this while trying to keep one good used car going. SB was a house wife, it was actually cheaper that way, and raising two boys. Sometimes the one good car, didn't work out so good. So would hitch a ride to work, on night shift, and work on the car in the day time.

You should also know that I am NOT a plumber, electrician, carpenter, or mechanic. I just could not afford to pay someone else to do the work.

And my job.... I was either covered over in Carbon black that would get all in your pours, and a good washing/bath didn't effect that any. Only sweating cleaned out your pours. Or working in around 130 degree heat, and within an hour of starting looked like I had taken a shower with my cloths on.

But it paid good, usually ran around 200% while covered up with carbon black. And 180% in the heat. Only ran 180% because that is all they would let me do. No one wanted these jobs because they were nasty. But those jobs paid this house off early, remember it was a balloon payment loan. Bought 3 brand new cars (we keep them a long time. My Jeep is a 2002) The last one we paid cash for, and the previous one which was 13 when we traded, was paid off way early.

My house is paid for because I worked some nasty jobs, and worked hard enough to get bonus' to do it.

My cars are paid for because, I not only worked hard, at jobs no one wanted, but saved, saved, saved. Only went on one vacation which was over the weekend down to the gulf of MS, the whole time the boys lived at home. And have only been on one since they moved out.

With our 50th Anniversary this year and we still save every penny we can, we have a very small nest egg, so are going on 2 vacations this year. Last one was 20 years ago. You only get one 50th.

Never drew food stamps or unemployment. Worked odd jobs to keep from it. Even if it was down in a hole with no air, and a shovel digging around for a backhoe.

So anyone who is not willing to do everything I have done, to get what little we have, which no one ever gave us anything, they need to shut their mouth. Living in your mom's basement because you can't find a job. Shut up. Last month was a record month for jobs.

A few months back @TFergeson was on a rant crying because he couldn't get a good job or have a big house. Blaming boomers. I gave him a step by step method to made 100,000.00 a year and in 5 years be in that house he wanted. He didn't need a degree or anything other than be willing to work.

Did he take it? Doesn't appear so.

And since then multiple job openings have been posted here on the board. Sure what might be called starter jobs for 20.00 an hour, like starter homes, not where your goal should be, but it's a start. Much better than 9.50 with unemployment at 8%, mortgage rates at 21%, inflation at 14%.

I'll show you what I got from working, and you can show me what you got without it.
 
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marsofold

Veteran Member
I recently read an analysis of house prices in the US, and it said that the state with the most affordable houses was West Virginia. Land here now in the middle of nowhere is selling for $4000/acre for flatland and $1000/acre for mountainous tree covered land if you buy at least 25 acres. With our homestead exemption (which halved our taxes), we only paid $210 last year. For a house on 41 acres! Constitutional carry red state, 5 gallons of moonshine making per person annually allowed. $10/year car inspections. Country music in the stores. 93% white population. Polite people. Almost like living in the 1950s. WV is the oasis of America. Why AREN'T you living here?
 
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Groucho

Has No Life - Lives on TB
Maybe these kids should read up on Mike Rowe. There really are jobs out there. I have a nephew who is doing great as a welder. He's currently working on a pipeline and making high five or low six figures. Not easy work, but he's young and is enjoying it. Good thing he loves the outdoors.

There's work out there and I keep hearing that there are thousands of jobs not filled. Not everybody can be a CEO right out of school.
 

CaryC

Has No Life - Lives on TB
I recently read an analysis of house prices in the US, and it said that the state with the most affordable houses was West Virginia. Land here now in the middle of nowhere is selling for $4000/acre for flatland and $1000/acre for mountainous tree covered land if you buy at least 25 acres. With our homestead exemption (which halved our taxes), we only paid $210 last year. For a house on 41 acres! Constitutional carry red state, 5 gallons of moonshine making per person annually allowed. $10/year car inspections. Country music in the stores. 93% white population. Polite people. Almost like living in the 1950s. WV is the oasis of America. Why AREN'T you living here?
A spot down the road just built two houses what looks like 2-3 bedroom bath and 1/2 on a lot for ......wait for it.......160,000.00. And these houses are even bigger than the apt or houses around the hood when I was growing up.

And if you went the method I told Ferguson to go and make 100,000 a year that would be...........1 1/2 times their annual income.

Property tax the last time I paid it, over 65ers don't have to pay property tax in MS, was 149.00 Small house on 1 1/4 acre. Under homestead.
 

Southside

Has No Timebombs, Lives on Life
I recently read an analysis of house prices in the US, and it said that the state with the most affordable houses was West Virginia. Land here now in the middle of nowhere is selling for $4000/acre for flatland and $1000/acre for mountainous tree covered land if you buy at least 25 acres. With our homestead exemption (which halved our taxes), we only paid $210 last year. For a house on 41 acres! Constitutional carry red state, 5 gallons of moonshine making per person annually allowed. $10/year car inspections. Country music in the stores. 93% white population. Polite people. Almost like living in the 1950s. WV is the oasis of America. Why AREN'T you living here?
I actually like WV. A Lot! All of what you say is true. Weather is much better than Chicago, too!
I am there rafting at least once a year. Hard to be accepted as a Chicagoan. Same problem in the Ozarks.
As soon as I tell them where I was on J-6, they are VERY cordial!

It is very nice there!
 

Southside

Has No Timebombs, Lives on Life
A spot down the road just built two houses what looks like 2-3 bedroom bath and 1/2 on a lot for ......wait for it.......160,000.00. And these houses are even bigger than the apt or houses around the hood when I was growing up.

And if you went the method I told Ferguson to go and make 100,000 a year that would be...........1 1/2 times their annual income.

Property tax the last time I paid it, over 65ers don't have to pay property tax in MS, was 149.00 Small house on 1 1/4 acre. Under homestead.
Another one. Mississippi Gulf Coast. Low cost of living.
Even on the water. REASONABLE. REAL reasonable! Low crime rates, low taxes, and no R/E tax over 65.
Pretty doggone nice!
 

CaryC

Has No Life - Lives on TB
Maybe these kids should read up on Mike Rowe. There really are jobs out there. I have a nephew who is doing great as a welder. He's currently working on a pipeline and making high five or low six figures. Not easy work, but he's young and is enjoying it. Good thing he loves the outdoors.

There's work out there and I keep hearing that there are thousands of jobs not filled. Not everybody can be a CEO right out of school.
Oldest son, mid 40's now, who helped me with this metal roof, went back to school and got a degree in drafting. During his 30's. He is now the lead engineer, worked his way there, for 5G and Fiber for his company.

Makes in the same income as your nephew. Wife works from home and makes in the 35-45,000 a year. No kids. House is paid for, 2 brand new cars/truck is paid for. They go on multiple vaca's a year. Why not?

The house is not new, and in the 2000 Sq foot area, but in good condition and is more than they need with 3 bedrooms. 2 full baths.

And BTW he worked a full time job making cabinets, while he was taking a full load at school for drafting.
 
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Southside

Has No Timebombs, Lives on Life
Oldest son, mid 40's now, who helped me with this medal roof, went back to school and got a degree in drafting. During his 30's. He is now the lead engineer, worked his way there, for 5G and Fiber for his company.

Makes in the same income as your nephew. Wife works from home and makes in the 35-45,000 a year. No kids. House is paid for, 2 brand new cars/truck is paid for. They go on multiple vaca's a year. Why not?

The house is not new, and in the 2000 Sq foot area, but in good condition and is more than they need with 3 bedrooms. 2 full baths.

And BTW he worked a full time job making cabinets, while he was taking a full load at school for drafting.
Going forward.
Real skills will give you a nice life. No skills will get you, well, nothing.
GBI. Guaranteed Basic Income. It's coming. It will be all that many can do. Nothing. Very sad for a nation.
 

CaryC

Has No Life - Lives on TB
Going forward.
Real skills will give you a nice life. No skills will get you, well, nothing.
GBI. Guaranteed Basic Income. It's coming. It will be all that many can do. Nothing. Very sad for a nation.
IMHO GBI will never happen. But anyway......

And to be honest I don't have any skills. All I ever did was put my back into it. And that is the lowest common denominator for everyone. So when someone complains about not having yada, yada. It really grates on me, because they have the same thing I have...a back.

BUT having skills is an asset no doubt.
 

CTFIREBATTCHIEF

Has No Life - Lives on TB
I'll second what GaryC mentioned about interest rates. Wife and I were married in 79. I was a newly hired firefighter, she worked as a secretary and I moonlighted as a charter motorcoach driver which was the job I had before I became a firefighter. Our first house, was a 12 by 60 mobile home in a mobile home park that cost us I think about 13,500, only had a couple of thousand to put down and the rest was at 21 and a half percent interest. Decided we wanted to start a family and yes with the help of an inheritance from her recently deceased mom, we moved to the house that we are still in. We were porked by the park owners because our mobile home didn't have a seal on it (but funny how they let it be sold by the previous owners without a problem). So they bought it from us for what he had left on the note. Rates had dropped by then, in early 83 to about 16 percent. We did the numbers, figured that it would cost more in child care if she worked than if she became a stay at home mom.

I had dropped the Motorcoach job by then but picked up a side job working for one of my Captains in his fire equipment business. So I had the fire department, plus that second job, plus OT on the fire department when it started coming in. I was never home, but the wife was and we raised two sons. Every time rates dropped we re-financed. first to cut the mortgage from 30 to 15 years and then each time rates dropped more than 2 percent we did it again. Vacations? who had time for those. Dinners out, MAYBE a few times a year. Changed second jobs a few times and then opened my own consulting business on the side. Vehicles were new, but bare bones and kept for a long time.

The fire department union I was part of, we fought hard for our benefits. Health care benefits were decent, although our dental sucked. We concentrated more on medical benefits in retirement figuring that the OT and our side jobs would take care of braces for the kids and it worked for us. I've a defined benefit plan with a cost of living, full medical for wife and myself and a few other goodies but we worked our asses off to get that and keep it. I truly am blessed but it wasn't given to us, we fought like the third monkey in line to get on the ark for those bennies,giving up a slew of raises for them. Oh and i'm still working as a consultant although I've scaled back in the past few years.

6 percent mortgages? that was a dream in the 80's. Money? I started my job as a firefighter in 78 for 222.85 a week with NO OT at that point. That was it. But I loved the job and knew to stay the course, we became unionized a year after I was hired, in fact i was the last "charter member" to retire in 2015, my name is on that IAFF charter as a plank owner and I'm proud of it. We of the Boomer generation did what we had to do to make a buck and keep a roof over our heads and I make no apologies for that. Both Sons did go to College, did well and are in good jobs and raising families of their own.

Good jobs are out there. General Dynamic Electric Boat are hiring 8000 plus more employees in the Groton shipyard. A new assembly building is on line for the newest classes of Submarines and those building ways are busy. You're going to get dirty but you're going to make bank. To the youngin's out there now? I hear you. I've been there, done that and have the scars to prove it. It takes work, guts, brains and a can-do attitude. The world didn't owe me a living and it doesn't owe you a living either. Like others on here have said, we weren't handed anything, we worked for it. If there is any resentment from the younger set about how we did, I suggest they keep that resentment to themselves. Many of us are willing to listen, to try and help, but don't put us to the test!
 

CaryC

Has No Life - Lives on TB
Dinners out, MAYBE a few times a year.
Boy, that statement put us in high cotton.

After I went to work at Cooper and the 9.50 an hour, BTW by that time Cooper and it's wages were so well known they had a waiting list of around 10,000 people and anyone working there could get credit anywhere in town without a credit check. You work at Cooper? Sure, just sign here.

Working swing we went to grocery shop in the middle of the week. So I took SB out almost every week. At McDonalds. During the summer the kids were along so it got expensive. Course a 1/4 pounder was 1.40 and a Big Mac was 1.35.
 

Southside

Has No Timebombs, Lives on Life
I'll second what GaryC mentioned about interest rates. Wife and I were married in 79. I was a newly hired firefighter, she worked as a secretary and I moonlighted as a charter motorcoach driver which was the job I had before I became a firefighter. Our first house, was a 12 by 60 mobile home in a mobile home park that cost us I think about 13,500, only had a couple of thousand to put down and the rest was at 21 and a half percent interest. Decided we wanted to start a family and yes with the help of an inheritance from her recently deceased mom, we moved to the house that we are still in. We were porked by the park owners because our mobile home didn't have a seal on it (but funny how they let it be sold by the previous owners without a problem). So they bought it from us for what he had left on the note. Rates had dropped by then, in early 83 to about 16 percent. We did the numbers, figured that it would cost more in child care if she worked than if she became a stay at home mom.

I had dropped the Motorcoach job by then but picked up a side job working for one of my Captains in his fire equipment business. So I had the fire department, plus that second job, plus OT on the fire department when it started coming in. I was never home, but the wife was and we raised two sons. Every time rates dropped we re-financed. first to cut the mortgage from 30 to 15 years and then each time rates dropped more than 2 percent we did it again. Vacations? who had time for those. Dinners out, MAYBE a few times a year. Changed second jobs a few times and then opened my own consulting business on the side. Vehicles were new, but bare bones and kept for a long time.

The fire department union I was part of, we fought hard for our benefits. Health care benefits were decent, although our dental sucked. We concentrated more on medical benefits in retirement figuring that the OT and our side jobs would take care of braces for the kids and it worked for us. I've a defined benefit plan with a cost of living, full medical for wife and myself and a few other goodies but we worked our asses off to get that and keep it. I truly am blessed but it wasn't given to us, we fought like the third monkey in line to get on the ark for those bennies,giving up a slew of raises for them. Oh and i'm still working as a consultant although I've scaled back in the past few years.

6 percent mortgages? that was a dream in the 80's. Money? I started my job as a firefighter in 78 for 222.85 a week with NO OT at that point. That was it. But I loved the job and knew to stay the course, we became unionized a year after I was hired, in fact i was the last "charter member" to retire in 2015, my name is on that IAFF charter as a plank owner and I'm proud of it. We of the Boomer generation did what we had to do to make a buck and keep a roof over our heads and I make no apologies for that. Both Sons did go to College, did well and are in good jobs and raising families of their own.

Good jobs are out there. General Dynamic Electric Boat are hiring 8000 plus more employees in the Groton shipyard. A new assembly building is on line for the newest classes of Submarines and those building ways are busy. You're going to get dirty but you're going to make bank. To the youngin's out there now? I hear you. I've been there, done that and have the scars to prove it. It takes work, guts, brains and a can-do attitude. The world didn't owe me a living and it doesn't owe you a living either. Like others on here have said, we weren't handed anything, we worked for it. If there is any resentment from the younger set about how we did, I suggest they keep that resentment to themselves. Many of us are willing to listen, to try and help, but don't put us to the test!
Nobody realizes what people get through to make it to retirement, or just "old age" for that matter.
Like so many business owners I know. No body knows the long hours, sleepless nights wondering how you might make it work......They just see it 30 years later, finally some gravy coming in. They think that they are "Rich", knowing nothing of what was given up to achieve that success.

You have to work hard and smart to get ahead.
There is always someone that wants to steal your hard earned work.

My son is going in this morning hoping to get fired(That's my boy!), get a severance, ink a deal to buy a profitable company on the cheap, that someone just wants to get rid of. It is a company he has worked for over the years, as a sub. The yearly residuals are more than 100K, and also gets the client list, for little $$$, just some hard work.

He will jump at that one. Back to being self-employed!
Sad part is I am sure I will end up working for him. Damn.

I want to retire.
 

West

Senior
Nobody realizes what people get through to make it to retirement, or just "old age" for that matter.
Like so many business owners I know. No body knows the long hours, sleepless nights wondering how you might make it work......They just see it 30 years later, finally some gravy coming in. They think that they are "Rich", knowing nothing of what was given up to achieve that success.

You have to work hard and smart to get ahead.
There is always someone that wants to steal your hard earned work.

My son is going in this morning hoping to get fired(That's my boy!), get a severance, ink a deal to buy a profitable company on the cheap, that someone just wants to get rid of. It is a company he has worked for over the years, as a sub. The yearly residuals are more than 100K, and also gets the client list, for little $$$, just some hard work.

He will jump at that one. Back to being self-employed!
Sad part is I am sure I will end up working for him. Damn.

I want to retire.
Ha, ha... wait a minute...almost the same boat. Except he's is getting his hours now to certify his experience. Stupid he's got way more hours than needed but they want government approved hours on a frigging payroll. To get a state contractors license.
 

Doc1

Has No Life - Lives on TB
On Bracken's point about how vulnerable elders are living by themselves, I agree, but will add that I see everyone living in urban/suburban areas as vulnerable. Take down the grid and most will quickly be out of water and they won't have working toilets. The parcels their homes are on are sufficiently tiny that even if they have a veggie garden or a fruit tree or two, it isn't going to feed them for long. Urban/suburban folks are almost totally dependent upon society being fully functional. I'm not saying that rural folks would have it easy in a collapse, but they will fare far better than those in cities & suburbs, no matter their age.

Agreed! I think our little homestead is a very good SHTF location, but my one regret is that we don't have a well. That's not the end of the world though, as we have rain water catchment with our gutters - it rains a lot here - and two freshwater ponds within a block or so. We also have a large Berkey water filtration rig. If TSHTF, I'd bolster that with a 55 gallon sand filter rig.

You are also correct that rural people wouldn't have it easy, but we'd be incomparably better off than those in the city or the suburbs.

Best
Doc
 

20Gauge

TB Fanatic
I think what you meant to say is that the No Kings protests are mostly populated by idiots.

Best
Doc
Agreed. Many boomers came up when all the easy jobs were over, the easy money was over, inflation was a large dragon and not a tiger....

So what!!

I managed to do well, so can everyone else ( yes there are exceptions ) but like many things outcomes are not promised in advance.

I just saw a boomer who decided a new car was more important than eating. She has no money / may lose her house / but has a really nice car....

It comes down to decisions. They can be hard, but you still get to make choices....make good ones.
 

Chicken Mama

Veteran Member
Looks like the feeling is mutual with regard to them not being interested in anything us Boomers have to say. Goes both ways.

My plan is to spend every last penny and not leave it to anyone. I have no children. One sister I don't claim. Niece and nephew do as little in life as they can get by with, and with each almost 30 yo their mom still supplies 1/3 of their rent (kids rent a condo).

They get no sympathy from me on what they don't have or how hard they've got it. DH will probably outlive me and leave it all to them anyway which will just tick me off.

Signed,
Grouchy old boomer
 

Sacajawea

Has No Life - Lives on TB
SHHHHH! We don't try to encourage anyone to move to WV! (In fact, I'd love a toll at the state border for tourists.) They tend to bring their rediculous ideas with them. Sometimes they don't stay long, as a consequence.

But Southside would fit right in.

I keep wondering how the state-sponsored datacenters are going to do for employees - when there is absolutely no "acceptable" housing, healthcare or entertainment or amenities for those tech workers.
 

Southside

Has No Timebombs, Lives on Life
SHHHHH! We don't try to encourage anyone to move to WV! (In fact, I'd love a toll at the state border for tourists.) They tend to bring their rediculous ideas with them. Sometimes they don't stay long, as a consequence.

But Southside would fit right in.

I keep wondering how the state-sponsored datacenters are going to do for employees - when there is absolutely no "acceptable" housing, healthcare or entertainment or amenities for those tech workers.
Well, Thank you! :eleph:
 

Homestyle

Veteran Member
Both my children have nice homes and a good income. They went to college to get a working degree not a lofty degree. They have never been without a job or had many financial problems.

The grandchildren now are very different. Reminds me of my grandparents in how they worked and sacrificed to get a home and a good life. Grandson in law went to trade school right out of high school, became a license electrician and now owns his own company. They lived in a tiny camper in the boonies on acres of rocky, scruff dirt land bought cheap enough to get a bank loan for, with no running water or utilities for three years until the company started to make a profit. They bought a few horses to send out for training and then sold them for great profit. They didn't know anything about horses when they bought the first one.
The barn was nicer than the camper they lived in. Granddaughter is a school teacher and worked for their health insurance. She got to quit and be a stay at home mom in their newly built home. Both these kids are 30 years old and I'm so proud of them. Also, I think the person they marry has to want the same thing and support each other in obtaining it, just like my grandparents did together.
 

TFergeson

Non Solum Simul Stare
A few months back @TFergeson was on a rant crying because he couldn't get a good job or have a big house. Blaming boomers. I gave him a step by step method to made 100,000.00 a year and in 5 years be in that house he wanted. He didn't need a degree or anything other than be willing to work.

Did he take it? Doesn't appear so.

I do not recall that exchange, but if you do feel free to link it so that I can examine my "crying rant". In other words, bring out the receipts.

I will say that your entire screed encapsulates the 'disconnected boomer' point that Bracken was making. Which I will emphasize, is where the OP is from. Not me. I did not write this. I copied it from his substack and brought it over. Matt Bracken. A boomer himself. I post something sourced and cited from an author, and even include his name in the title, but I will further clarify that when I do post something sourced and cited from an author, that does not mean it is me, or I wrote it. This is the fourth or fifth time this has happened with y'all getting confused about authorship.
 
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