Why do older individuals have greater control of their feelings?

Re:Why do older individuals have greater control of their fe... by kasey_junk on Wednesday May 12, 2021 @11:58AM (#27131806)

I understand the sentiment but it’s worth noting in the US the median boomer _household_ wealth is 134k. More than 45% of boomer households have no extra retirement savings or income.

I think it’s pretty fair to criticize that generations lack of forethought but not so much wealth hoarding.

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Re:Why do older individuals have greater control of their fe... by 1_person on Wednesday May 12, 2021 @12:10PM (#27131942)

https://www.visualcapitalist.com/visualizing-net-worth-by-ag...

ok?

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Re:Why do older individuals have greater control of their fe... by xboxnolifes on Wednesday May 12, 2021 @12:25PM (#27132112)

You source shows boomers with a median net worth of around $266,400. That's really not much to have accumulated over the course of 40+ years of work.

That's roughly equivalent to putting away $150 a month.

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Re:Why do older individuals have greater control of their fe... by 1_person on Wednesday May 12, 2021 @12:41PM (#27132296)

Do you think it's also fair to describe $266,400 as "much larger than" $13,900?

Do you think $266,400 will buy a house?

Do you think $13,900 will buy a house?

I understand that you can divide $266,400 over any interval that's convenient, but I don't see how that relates to my point or the facts.

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Re:Why do older individuals have greater control of their fe... by xboxnolifes on Wednesday May 12, 2021 @05:41PM (#27135480)

Obviously someone who has been working over 30 years less than someone else has significantly less money than them? Do you think the people in the 65-74 age group had the same $266,400 median when they were in the under 35 age group? Of fucking course not, that's idiotic.

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