Are we fcukd?

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federalreserve.gov/releases/z1/dataviz/dfa/distribute/table/#quarter:119;series:Net worth;demographic:generation;population:all;units:levels
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not really because when boomers start dying most of that wealth goes to you

Wow le quirky snack fact Haha
Fucking Jews not only ruining my life but acting like this is just some epic trivia xddddd!!!!
I'm gonna murder all these boomers and Jews

Most of that "wealth " is going to taxes, paying back loans, israel so no it's not going to you
You might get that fucking shitty old house that's falling apart yet valued for 38373737373773 dollars tho! Too bad once you get it they will reevaluate it to 350 dollars plus tax

>we
I was born in 2001

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pic related when?

>most of that wealth goes to you
lolno, that wealth will probably go to churches or some shit, or to israel as says. we are already getting buttucked, see

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Inheritance gets tax “stepped up” dumb dumb

GOD DO YOU THINK THEY WOULD CAUSE I HATE PROPERTY TAX

>Too bad once you get it they will reevaluate it to 350 dollars plus tax
They will never let the housing bubble pop. Even if it does it will only be reinflated

this too

federalreserve.gov/releases/z1/dataviz/dfa/distribute/table/#quarter:119;series:Net worth;demographic:generation;population:all;units:levels

>sauce

>pic related
the irony here is that covid was supposed to be the boomer remover, but these fucks just won't die

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DESPITE

They will let it pop if they can make money from it
Transfer property to millennials, let it devaluate, buy it up again and pump it again

Yeah they have billions in dry powder waiting for such an eventuality. But that shouldn't matter unless you're some debt riddled normie

>born after 2000
shouldnt u be playing fornite or something

How do boomers literally keep winning

Not if we buy LINK!

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unironically the millennials fault
zoomer here, i agree with boomers
millennials are lazy and entitled, they never tried to get a good job or make anything of themselves they just want everything handed to them
pathetic group of people

bait

no
even zoomers hate millennials, nobody really likes them
bunch of pathetic manchildren

most boomers are poor contrary to what people think

people literally hate zoomers even more then millennials keep seething

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millennials are financially retarded. starting at 18, working 40 hours/week at $10/hour, and investing 20% of your income (if you cant do that, cut out the starbucks and learn to cook, you'd be surprised), you should be able to invest roughly 4000/year. 18 to 30, that's 12 years, i calc'd you at having around 80k now. let's fast forward 30 to 40, another 10 years, same 4k addition/year. we're now up to ~200k. let's go 8 more years to 48. up to 360k. doesnt seem like enough, but again, we're assuming you never get a raise or a better job.


>inb4 muh wage for 30 years
>inb4 evil boomers muh bad

boomers worked for a long, long time. my dad as an example started working at 14 at a local zoo lol. he retired at 54. that's 40 years of waging. let's use 40 years in our 4k/year invested calculator; 700k at 6% which is a lowball for longterm index returns.


my point being, millennials are retarded, i'm 31, i invest every paycheck, i'm a wagie, i'm going to make it. learn to use a spreadsheet and cook, morons, it's the best thing you'll ever do for yourselves.

cope
zoomers are based and redpilled

they seem to be, but most of them wont even have a chance to make it, because we're trying socialism again next year.

right, because millennials are retarded and don't understand anything about money then bitch that life's unfair and are pushed towards socialism
of all the bernie supporters i know they're all millennials

>He thinks boomers aren't getting reverse mortgages to pay for their vacations at the end of their lives
>He thinks boomers aren't pissing all their money away in retirement homes
>He thinks boomers aren't getting swindled by Chinese scammers into giving all their wealth to Chang

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Sure but we're talking about them in aggregate, and in aggregate they are by far the wealthiest cohort.
Old people just tend to be poorer in general. If you look at you'll see that the relative position of boomers compared to subsequent generations at a similar age is much stronger.

this is such a cope, literally everyone under 20 is an insufferable socialist

Inheritance tax is a fucking scam and straight up theft. How do we allow the government to double dip? That wealth was already taxed once.

Maybe we could start by not going out to eat at restaurants every fucking meal

funny how you spell government

>what is inflation
Lol 80k in 12 years lmao is this how you cope?
>I'm 31 I'm going to make it
Dude you are already too old you can't make it

>when boomers start dying most of that wealth goes to you
LOL