Why don’t these younger generations pull themselves up by the boot straps like I did
- Thread starter BurtG
- Start date
I have a dad who left, a mom who is stupidly healthy with alzheimers and dementia at 66, and an autistic brother.
I am the only functional member of the family left and carrying the weight is horrible and impossible.
No one wants to help. The system just wants to suck your parent dry for money for a disease they say they can't do anything for.
Multi generational solid family homes are the ONLY way to fix this societal nightmare.
BTW, sell your nursing home investments in the next 10 years as the Boomer generation phases out. They won't be good investments forever. People like me are learning fast and hard about why they are good investments.
You are looking too deep into it. I replied below his post because it was the most recent post and my only option. The funeral home comment is just following the next logical investment into the space.
I speak quite plainly, so there is no need to read more into what I typed.
As to your 27th edit to your previous post, yes, it is mostly about growing my money. It’s also about showing people where they can grow their money.
The money I make allows me to generously contribute to my favorite charities that provide free medical care to child burn victims, cancer patients, etc. It allows me to make hefty donations to pay for free school lunch for middle and elementary schools for all kids. It allows me to provide “free” school supply kits. Money is a tool for me. The more I accumulate the more I can impact the community in a good way.
I’m bootstrapping the hell out of this life. When I croak, I’ll go to heaven, and my assets will go to St Jude’s and Shriners Children hospitals.
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I agree with you 100%. I really hope to see a shift in multi-generational households in the next decade. This should open up housing inventory, devastate senior living facilities and day cares, and ultimately lead to a better society.
Same guy posted this about a staircase someone probably paid to have built as though they just force you to install shit on your property
“This is easily one of stupidest designs ever. Not only would I have fired the designer I would refuse payment.”
There’s not a ton of common sense involved in his comments apparently just feelings.
No. Hookers fall under my frivolous spending category. Possibly entertainment. Shit, I might need to open my own Bop house.
Well this degenerated quickly! Well the whole thread may be considered a trainwreck.
Buying into a retirement community is an option to explore for the grim reality we all are aging and we all will die. However I would be leery of buying into or investing in one. Sadly there was a news article about one of those buy in/invest retirement assisted living facilities going bankrupt and literally screwing over hundreds of people.
Buying into a retirement community is an option to explore for the grim reality we all are aging and we all will die. However I would be leery of buying into or investing in one. Sadly there was a news article about one of those buy in/invest retirement assisted living facilities going bankrupt and literally screwing over hundreds of people.
That’s the gamble in any business, one place going under is hardly enough to make it a huge risk
Those of us who have at least a wee bit of drive/motivation can probably point to periods of our lives -- maybe even presently for some people -- where we worked 2+ jobs to make ends meet.
What I want to know is, how many of us multi-tasking youth were doing that in rural/remote areas, versus big city, city suburb, or medium-but-growing city?
The demands of city life tend to push toward multi-job incomes. Outside big cities, in the 1980s/90s, the only folks I knew who multi-jobbed it were people with insane money appetites or toy appetites. It wasn't to pay off the mortgage or car note early.
Not everyone is a money-head. For sure, I am not. I have not followed the bucks for long, chased them in my 30s with some hunger, but never wanted fat $$ as much as I wanted a good balance of work stress and recreation time. I do not think it is "lazy" to be as I am and I would be happy to hear someone tell me how it is lazy! If you say it is, I will likely say you are a money-head and not an interests/balance head.
The present dynamic, as for my 25 y.o. niece, is that across the country, house/rental prices force you to be a money-head, even if you are not a toy/trinket chaser, even if you aren't trying to be a millionaire by 35.
What I want to know is, how many of us multi-tasking youth were doing that in rural/remote areas, versus big city, city suburb, or medium-but-growing city?
The demands of city life tend to push toward multi-job incomes. Outside big cities, in the 1980s/90s, the only folks I knew who multi-jobbed it were people with insane money appetites or toy appetites. It wasn't to pay off the mortgage or car note early.
Not everyone is a money-head. For sure, I am not. I have not followed the bucks for long, chased them in my 30s with some hunger, but never wanted fat $$ as much as I wanted a good balance of work stress and recreation time. I do not think it is "lazy" to be as I am and I would be happy to hear someone tell me how it is lazy! If you say it is, I will likely say you are a money-head and not an interests/balance head.
The present dynamic, as for my 25 y.o. niece, is that across the country, house/rental prices force you to be a money-head, even if you are not a toy/trinket chaser, even if you aren't trying to be a millionaire by 35.
I have worked on that alzheimers/dementia elder care stuff helping my aunt until she passed away, after my uncle declined due to dementia/alzheimers. The facilities tend to be over-expensive for what they provide. Many of the ones I tried to help my aunt choose among, for my uncle, were nice cosmetically to justify their exorbitant monthlies, but the care delivered was hardly what I'd call "worth" the price. It seems they are a 21st C racket, along with a cultural push to not take care of one's parents in their elder years.
My mother, while she is currently in great health, lives with my wife and me. It will be that way until we can't manage. We also assist with our great-niece, the real joy of my life, as often as we can.
Apparently, after my dad passed, I am the only one in my family (not mom, she's great) who can manage money so that it increases. The others just see how fast they can piss it away. Only thing they do faster than waste money is make bad decisions about life in general.
Apparently, after my dad passed, I am the only one in my family (not mom, she's great) who can manage money so that it increases. The others just see how fast they can piss it away. Only thing they do faster than waste money is make bad decisions about life in general.
My heart goes out to everyone dealing with the hard decisions and reality that come with aging parents. I had it horrible with my Mom, 20 years of fighting cancer over and over again. My Dad is in good health so far, and could live to be 100.
I think that biggest change between my father's generation, mine and the ones to come is how long our parents will live after retirement.
My grandparents hoped to make it to 75, my parents and their siblings are in the 84 to 97+ range.
How do you plan for 35+ years of retirement? I feel like I will have to work to 80 to save enough to not become a burden.
The multi- generation home is a nice idea, but I know several families where the kids will be a burden to their parents and never a help.
I think that biggest change between my father's generation, mine and the ones to come is how long our parents will live after retirement.
My grandparents hoped to make it to 75, my parents and their siblings are in the 84 to 97+ range.
How do you plan for 35+ years of retirement? I feel like I will have to work to 80 to save enough to not become a burden.
The multi- generation home is a nice idea, but I know several families where the kids will be a burden to their parents and never a help.
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