http://www.latimes.com/news/fi-la-bo...247,full.storyMany baby boomers don't plan to leave their children an inheritance
Unlike previous generations, some baby boomers believe they've already given their children enough, and they plan to spend the money they've saved on themselves.
...
Upending the conventional notion of parents carefully tending their financial estates to be passed down at the reading of their wills, many baby boomers say they instead plan to spend the money on themselves while they're alive.
In a survey of millionaire boomers by investment firm U.S. Trust, only 49% said it was important to leave money to their children when they die. The low rate was a big surprise for a company that for decades has advised wealthy people how to leave money to their heirs.
"We were like 'wow,'" said Keith Banks, U.S. Trust president.
Looks like the only thing the Baby Boomers will be leaving to future generations is the massive national debt they ran up. What a truly vile generation...
If there is no sound in space, how come you can hear the lasers?
:(){ :|:& };:
Keith Banks sounds like a valley girl.
So does Drake.
Life is not measured by the number of breaths you take, but by the moments that take your breath away.
"Hating America is something best left to Mobius. He is an expert Yank hater.
He also hates Texans and Australians, he does diversify." ~ Braindead
I have Drake on ignore but I'm guessing he made another post about baby boomers because that never gets old.
"South Africa is a shithole. It used to be a decent place." -Ben Kenobi, sharing his wisdom on world history
I wasn't expecting a hand-out from my parents. They taught me self reliance, which I passed on to my daughter. My daughter is excellent, BTW.
Life is not measured by the number of breaths you take, but by the moments that take your breath away.
"Hating America is something best left to Mobius. He is an expert Yank hater.
He also hates Texans and Australians, he does diversify." ~ Braindead
Why are you trying to convince us?
If there is no sound in space, how come you can hear the lasers?
:(){ :|:& };:
Baby boomers are pretty vile.
"Our scientific power has out run out spiritual power. We have guided missiles and misguided men." - Martin Luther King Jr.
"A cynical, mercenary, demagogic press will produce in time a people as base as itself." - Joseph Pulitzer
I'm just stating facts. If you're convinced or not matters very little to me.Originally Posted by Hauldren Collider
Life is not measured by the number of breaths you take, but by the moments that take your breath away.
"Hating America is something best left to Mobius. He is an expert Yank hater.
He also hates Texans and Australians, he does diversify." ~ Braindead
QFT
You should see him in 'daisy duke' shorts.
There's nothing wrong with the dream, my friend, the problem lies with the dreamer.
If only youth could vote to end medicare now.
"I hope I get to punch you in the face one day" - MRT144, Imran Siddiqui
'I'm fairly certain that a ban on me punching you in the face is not a "right" worth respecting." - loinburger
They're just onto the fact that we plan on ditching them in old foggies homes where they will be neglected and abused by male nurses. I blame the Lifetime Channel for ruining the surprise.
"tout comprendre, c'est tout pardonner"
The life of the average baby boomer: Despite being pampered by their parents and given every advantage in the world by their hard working parents who worked to break the depression and defeat the Axis in WW2 they were arrogant rotten little ****** as kids. Their moms stayed home to watch them and make sure they always had healthy meals to eat while their dads worked hard to support the whole family and even worked over time so their ungrateful little spawn could go to summer camps & be taken on great family vacations. The government wisely taxed the wealthy to insure they baby boomers received the best educations money could buy but what did these little bastards do in return?
They sat around smoking pot and protesting when the government actually asked them to do anything in return, they had kids out of wed lock and even when they did get married they usually got divorced in short order because these arrogant self centered ****** believed EVERYTHING was about themselves. When their parents got old rather then looking after them they promptly tossed them into old folks homes to be forgotten, they demanded ever more tax cuts for themselves thus ****ing their kids over with rotten under funded schools because, once again, they never cared about anyone but themselves. They declared bankruptcy in record numbers and never saved much of anything (while their parents dutiful saved and sacrificed for the common good) yet the endlessly demand ever more handouts from the government for themselves while SCREAMING at the top of their lungs that black people, brown people, or worst of all poor people should get any type of hand up as well. Now, after loading the country up with massive debt these douche bags won't even help their children out by leaving them a tiny inheritence because they want to die as they lived; selfish & not caring about anyone else.
The most vile, self centered, egotistical pieces of **** ever. That's the baby boomers. BTW these dumb asses make up virtually the entire Tea Party movement (The one's holding the "keep government out of my medicare"[medicare is a government program] and spreading the conspiracy theory that Obama is a secret muslim illegal alien terrorist sleeper agent [no really Fox was spreading that crap] because they can no longer publicly say they just hate black people).
"Our scientific power has out run out spiritual power. We have guided missiles and misguided men." - Martin Luther King Jr.
"A cynical, mercenary, demagogic press will produce in time a people as base as itself." - Joseph Pulitzer
Baby-boomers are also responsible for the one time that Drake and Oerdin agree.
"tout comprendre, c'est tout pardonner"
Oerdin's ability to turn absolutely anything into supporting evidence for his knee-jerk anti-Republican worldview is terrifyingly amazing.
Any talk about baby boomers would be incomplete without mentioning they almost exclusively make up all the members of one of the most retarded fake "movements" in history.
"Our scientific power has out run out spiritual power. We have guided missiles and misguided men." - Martin Luther King Jr.
"A cynical, mercenary, demagogic press will produce in time a people as base as itself." - Joseph Pulitzer
And that "fake movement" claims to "oppose" a "president" that is "also" a Baby Boomer. It's almost unreal how fiendishly "clever" it is!
It's also hilarious that the tea baggers declared the government can do nothing right, their current idol Rick Perry cut the Texas state forest service's fire fighting budget by 75%, and now Texas is facing the worst wild fires in its history but doesn't have the men or equipment to put them out. Now they're begging the big bad Federal government to come bail them out of the problem their short sightedness created. That's Texas and the tea bagging baby boomers all in a nut shell.
Last edited by Dinner; September 7, 2011 at 07:18.
"Our scientific power has out run out spiritual power. We have guided missiles and misguided men." - Martin Luther King Jr.
"A cynical, mercenary, demagogic press will produce in time a people as base as itself." - Joseph Pulitzer
uhmm i dont know i kinda want my parents to spend there money on themselfs.
It's a shame that Oerdin and Drake hate their parents.
I am angry because someone in line in front of me at Subway ordered a sandwich that I do not like, even though it has no effect on me. This is how arguments against equal marriage rights sound.
Not my parents specifically but their generation in general.
"Our scientific power has out run out spiritual power. We have guided missiles and misguided men." - Martin Luther King Jr.
"A cynical, mercenary, demagogic press will produce in time a people as base as itself." - Joseph Pulitzer
Beats me why any of you should be expecting a handout from your parents - shame on you if you do!
Indeed. I think my parents should enjoy their hard earned money in their retirement. I'm making my own money.
Jon Miller: MikeH speaks the truth
Jon Miller: MikeH is a shockingly revolting dolt and a masturbatory urine-reeking sideshow freak whose word is as valuable as an aging cow paddy.
We've got both kinds
This is not what this discusison is about. It is abaout the collective failure of an entire generation to come up with a durable solution. Is there any aspect they didn't royally screw up ?
Environment: check
Social (population pyramid imbalance): check
Financial (sure they built the "welfare state", but the bills are for us to pay): double check
And now of course, we have to pay for their retirement plans but when we retire we will have to take care for ourselves.
I love my parents but they were part of the most self centered ****ed up generation the world has ever seen.
"Ceterum censeo Ben esse expellendum."
We're little better. And in the same context we'd have been just as bad.
You can't jointly blame them for environment, and for not reproducing enough. Having more kids would have been even more devastating to the environment. And overpopulation is a massive issue.
Jon Miller: MikeH speaks the truth
Jon Miller: MikeH is a shockingly revolting dolt and a masturbatory urine-reeking sideshow freak whose word is as valuable as an aging cow paddy.
We've got both kinds
Last I checked, at least in this country, it was my grandparent's generation which created the welfare system from Social Security, to medicare, to food stamps, to actual welfare. The 1930's and 1940's generation was all about hard work, savings, thrift, and sacrifice for the greater good while the baby boomers were and are nothing more then self centered brats who used the system for maximum personal benefit, greedily refused to pay the necessary taxes to support the system (no matter if it was education, health care, welfare, or anything else), and simply loaded the country up on debt which we now have to pay because they were to lazy and cheap to pay for the benefits they used. While our grandparents were all about hard work, savings, and working for the common good the baby boomers have been all about debt, egotism, and selfishness with no regard for the public good. The inherited a pretty damn good hand of cards, benefited greatly from it, and then squandered it all giving the rest of us the finger.
"Our scientific power has out run out spiritual power. We have guided missiles and misguided men." - Martin Luther King Jr.
"A cynical, mercenary, demagogic press will produce in time a people as base as itself." - Joseph Pulitzer
It's also hilarious that the tea baggers declared the government can do nothing right, their current idol Rick Perry cut the Texas state forest service's fire fighting budget by 75%, and now Texas is facing the worst wild fires in its history but doesn't have the men or equipment to put them out. Now they're begging the big bad Federal government to come bail them out of the problem their short sightedness created. That's Texas and the tea bagging baby boomers all in a nut shell.
------------------------------------------------
"A world without guns is not a more peaceful world, but a more savage one, where brute strength allows bullies to exploit people incapable of fighting back."
Sam Harris
this generation is even worse... they have the excuse of not knowing what they were doing, while we are digging the grave for our successors with full knowledge
Socrates: "Good is That at which all things aim, If one knows what the good is, one will always do what is good." Brian: "Romanes eunt domus"
GW 2013: "and juistin bieber is gay with me and we have 10 kids we live in u.s.a in the white house with obama"
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