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The 'wealth transfer' from boomers won't save Gen X and millennials
(www.nbcnews.com)
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this post was submitted on 30 Dec 2023
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I'm just about 40, my parents are in their early 60's. When they pass on, I'm most likely already hitting retirement age myself. I don't need extra cash when I'm old.
Oh, you will. When my grandmother had to rely on Medicare and the shitty insurance she got through retirement her healthcare cleaned out her bank account and most of her retirement
Luckily I live in a country with universal healthcare.
First of all, good for you. Genuinely.
Second of all, please do your part to keep it that way. I'm not saying this is your new life goal but if anyone even brings up the idea of privatizing your healthcare system you tell them to move to America instead of fucking up what you have.
I'm 27 with parents who just turned 70. Idk where that plays to this, but you are much closer to your parent's age.