542thruNthru
Well-Known Member
There's always an exception to the rule. It's not a stereotype either. It's facts. The older generation did not save and a lot of them still have to work into their 70s because of it. They relied on social security to be their safety net. The same will probably be true for many generations after them as well.At 39 yrs old I didn’t have a mortgage payment, Car payment or credit card debt. I planned when I was in my 20’s to be debt free by 40, I beat it by 6 months. To be honest I did go back in debt at the age of 46 to buy another house but paid it off in 2 1/2 yrs so I was debt free again at 49 yrs old and had 2 houses with no mortgage. I retired at 57 so I guess this older generation guy falls into your stereotype perfectly.
PS. My wife never worked. This was done on UPS pay.
All I'm trying to point out is the old timers love to blame the young kids but I know plenty of guys with 30 plus years that couldn't retire if their lives depended on it. It's just want every generation loves to do. Pretend they are some how better then the next.