My Boomer Tips

My Boomer Tips

My hubby & I are early 30s. Our parents were middle middle class and upper middle class... but it seems like no matter how hard we work, we can't provide the same type of lifestyle. We're both educated, have decent jobs. I think that health care costs for Baby boomers (sorry mom & dad!), excessive student loans, the need for 2 people to work/child care costs, high home prices, high fuel prices, high car prices, etc are destroying this country's "good ol' days". Anyone else going through this?
For clarification: both of us worked throughout high school -- bus boy, newspaper delivery, baggin groceries, cashier, you name it. My family couldn't afford to send me to college, so I worked, studied and STILL have huge student loans 10 years out. I'm grateful for my education and I know I chose my own career path -- but it seems like if there is an entitlement generation, it's baby boomers. We don't mind working hard, it just feels like we should be further along, like our parents were...

My Boomer Tips

My aunt was telling me this theory, and haven't thought about it.

But the rumor is that there aren't enough funds in Social Security any more to support a mass exodus of boomers from employment. So the rise in fuel prices and the plummeting of their 401k will force most of them to keep working well into their sixties or beyond.