/biz/ - Business & Finance

sounds about right. The Boomer must Boom, even after death.

>>17817391
If your friend is alive it means he got medical care, food, and a roof over his head for free all this years. Im sorry where you expecting a check or a deposit just for existing? This isnt the bernie board faggot

If boomers could take out more debt in their kids names, they'd do it in a heartbeat

>>17817391

We gave you tendies, Fortnight, dyed hair jobs, and let you come out as whatever you wanted to be. What more do you want?

>>17817391
Yes. They believe you must “work hard” for everything and nothing should come to those who didn’t earn it. Don’t you know that when they were your age, they bought a house with eye contact and a firm handshake? Stop being so entitled

>>17817455
a good life?

>>17817447
that's exactly what they're doing by taking out all these shittons of debt which get monetized, they're literally wasting the wealth of unborn future generations

>>17817391
Let them spent everything, they will die in poverty:
https://www.forbes.com/sites/tedknutson/2019/11/14/boomers-facing-large-scale-homelessness-congress-warned/

It might depend a bit on the area. I think in the country they are more generational and about the family line. My parents are passing on the assets and land that have been in our family for 4 generations to my brother and I with the only stipulation to not sell the land and try to add to it if we can.

>>17817391
>give anything back
>back

what do you mean "back"? If youre a grown man, then theres nothing more that parents need to give you.

>>17817447
other anon said it, but they already did that. to be fair, I doubt it was presented in that way to them, but it's not like they couldn't have figured it out.

I don't think the world owes you anything, and although your parents do owe you SOMETHING for bringing you into this world, leaving a large inheritance shouldn't be their number one priority. Although the people that purposely go out of their way to spend everything and say their kids aren't getting shit are a little sick imo. Easy come, easy go I suppose, it would be nice if more boomers acknowledged the realities of today versus 50 years ago instead of being salty when they realize they grew up playing life on easy in a lot of ways and still blew it.

>>17817654
>go out of their way to spend everything and say their kids aren't getting shit

Lol my father told me about how hes planning on reverse mortgaging my childhood home with a smile on his face, like he was really sticking it to me. Jokes on him, he was acting like he's gonna have a choice.

>>17817758
Im confused what do you mean?

>>17817391
And then they wonder why they get crammed into budget nursing homes and forgot about.
Inheritance is meant to work as insurance so that your offspring always find time for you.

I worked at a fiduciary finance place for boomers. Tons of clients, when asked, would say they don't care about leaving anything to their kids and want to spend it all or give it away to some org. I never heard a client say they want to leave any money for their kids.

>>17817391
Friend doesn't deserve it. It's not his. Kek. Cope.

My dad died about a month ago left everything to my mom. $4m. She is a senile old bat. I will probably never see a dime.

>>17818034
Western boomers are the most selfish generation and they wonder why their spawn are such garbage?

>>17818088
You can challenge whatever bullshit will she has and win.

>>17817391
That’s why I’m going all in on cruise stocks. It’s the only way to get anything back from them.

If you think in terms of age bracket group identities you already lost

>>17817391
My and almost all my friends' parents transfered over already parts of their assets.

My parents are on the cusp of being boomers (right on the edge of Gen X), but they're planning on giving my brother and me the house and whatever money they've got when they kick the bucket. They don't plan on spending everything in their golden years either so we'll definitely get something

>>17817391
My parents sold a 5 bedroom house that had been in the family since 1690 and spent every penny on cruises.

>>17817391
>Is it true most boomers don’t plan to give anything back to their kids?

Fuck you millenial beggars. You want to talk shit and hate boomers, then fuck you. No inheritance.

*boomers last laugh*

I duno but my parents are planning on splitting everything up with me and my brother 50/50

I will receive millions of dollars because I was the only child in the family to unfag myself by starting my own white family and a lucrative career. the other siblings are commie SJWs who will receive nothing.

my parents are poor so no worries here, sucks that I have to make it all by myself but at least I don't have to kiss my boomer parents ass for 20-30 more years so I can stay in the will

>>17817391

Yeah my parents told me at age 22 they would basically waste all their money leaving me nothing. Now they wonder why I live frugally and avoid expensive women.

>>17817391
Based, let your bastard child pay for his own tuition like you did. Buy a Mustang today and enjoy life!

>>17817443

Haha yeah it's great not having any grandchildren isn't it

>>17817391
I know my boomer parents balance sheet and am an executor in their will. I plan on fairly distributing the assets with my sister, should she prove capable of managing them, and will manage them myself if not.

Sorry your parents are shitty.

>>17818580
“Like you did”
Tuition is astronomically higher today, even accounting for inflation

>>17818088
Kill her with corona

>>17817472
I’m going to curb stomp you, faggot

>>17817391
this behaviour is going to be a massive darwinian event for so many family lines
unbelievable that especially the burgerboomer fell for the propaganda to screw over your kids

but jokes on them, their pensionplans are about to be destroyed and they can expect the same courtesy in return from their kids: go take care of yourself boomer

Can't wait for bad virus to dab on boomers physical and financially lol

>Wbout you, you dumb zoomer faggot.
I've still got years to hold.

>>17818908
>but joke's on them, their pension plans are about to be destroyed
I hope so, they didn't learn their lesson 12 years ago evidently.
>this behaviour is going to be a massive darwinian event for so many family lines
key point

>>17817936

>>17818089
Giving it away to charities is not selfishness. You're thinking of some other short-sighted vice in play.

>>17818144
That's a gay cruise, isn't it.

>>17817936
>father is remorgating house
>essentially loaning against the house
>father thought this was a masterstroke to get more monies
>anon knows that this was an inevitability and that father should be more careful about this
>especially how he goes about spending said money

>>17818152
If you don't think in terms of age bracket group identities you were never going to win

>>17817391
Yes. My dad recently inhereted 300k and called me entitled when I asked for $3k for dental work.

>>17819190
"You gotta wait your turn, sonny."

>>17817391
This is only true for white people. Non white people actually care about their children's well being.

>>17819149

It is pure self satisfaction and virtue signalling. Why in the world would you not make the lives of your family easier?

>>17819190
my 69 year old dad makes about $250k a year and refused when I asked him for $500 to obtain an OHSA forklifting certification

>>17820422
>>17819190
just how did boomers get memed into hating their own children this much? I can't imagine my parents holding out on me like that.

The dumbest part about this is actually telling your kids you plan on doing this. Gives them time to think...

>>17820614
They love their parents and their parents were "tough" on them in adolescence. To show their love, they instill the same "tough love" unto their kids, failing to understand how vastly underfunded their kids are at 18 in comparison to themselves. They deny this for self-preservation, and if it's not from that, there's an always an excuse why they will not support their kids. That's painful in and of itself, but bare in mind there's a ton of baby boomers amassing huge dude that will wipe out their estate, leaving their kids with nothing but guilt. They really feel entitled to the money they had in their youth and also your endless support and understanding. Anything else is not acceptable to them.

I think they're just fundamentally stupid. Critical thinking isn't a strong suite.

>>17821303
And by huge "dude", I mean debt

>>17820422
WTF...

>>17820614
>just how did boomers get memed into hating their own children this much?

My parents have nothing to give me currently and that will not change. They anticipate a 'working retirement'.

I should be thankful they're not hurting me. I have cousins who have cosigned on loans with their parents, taken out max withdrawals on federal student loans, and lent their parents cash. That's the true issue, if you let the parasites get you.

>>17820422
You are in your 30's and don't have $500 to spend?

Loser.

>>17821303
Well put

>>17817391
same situation for me
>come from upper class family
>mother stoped working years ago after divorce
>lives off of my grandparents stocks
>once grandmother dies she inherits a portion of they're wealth split between her 3 brothers
>literally told me she plans on using it to travel and retire
>will leave with nothing for my sister and I once she passes

Its already so bad my sister and I had to play off debts for school while my cousins on the same side got a free ride through because there parents arnt freeloading off the family.

Even my dad who is pennyless from having to pay back my mom in child support over 2 decades is planning on using his parents inherited wealth to retire.

I'd be lucky if I see a dime from them in the future

>>17817443
>NOOOO YOU CAN'T EXPECT ME TO PROVIDE FOR MY CHILDREN AS THEIR PARENT UNTIL THEY'RE AN ADULT!!!!!!

>>17818565
and probably will wonder why their 80's will be worthless shit instead of amazing like my grandpa that gets visits from literally all family members and even some other children in his street that basically adopted him as extra grandparent

>>17817391
my mom has lung cancer and has been giving us 3k euro a year for 2-3 years now :<

>>17818673
just walk up to the dean and shake his hand.

>>17817391
Jokes on the boomers, they're getting tossed in dogshit retirement homes to be tortured in their final months/years.

>>17818380
yolo

ITT: Some people are shitty people and parents while other people are great people and great parents, so let's take a reductionist view and say all boomers are bad

>>17817391
In hindsight, most average boomer, wisdom was given out to benefit the boomer alone.

I think it's necessary to pose the question which, are most boomers capable of only thinking for themselves. And additionally, what about the generations after.

Just yesterday I had a boomer run a stop sign in front of me, whilst it was my turn to go. He yelled while pointing at my stop sign as I entered the 4 way box. I've seen it so often, I think it would be better for their licenses to be revoked until they are capable of not continually mishandling what they have. A sprout of hell, unfortunately.

My baby boomer dad co-signed 200k worth of loans so I could have a nice truck to drive around
So nice.

>>17818673
lol what a stupid zoomer

What id like to know is if these boomers think their kids will take care of them when they cant wipe themselves.
>THATS LIFE KIDDO YOR MOTHER AND I ARE GOING TO SAIL THE WORLD, WORK ON THAT HANDSHAKE HAHAHA
I assume the nursing homes will be their grave.

>>17819149
It is usually. You'd have to be very dumb and stupid to realize that charities seem to have a lot if blurred lines and questionability when it comes to financial allocation. Yes there are some good ones, but they don't seem very efficient or common.

>>17821676
If they make it that long

>>17817443
>they made it to adulthood alive
This is shit even animals are capable of. They should be doing anything and everything to give their progeny an advantage.

>>17818188
Nationality?

>>17821726
Yeah, boomers are a very particular brand of pieces of shit. They're total disregard for everything and anything that isn't themselves. Like, they have no problem just spraying fucking cancer chemicals all over the ground as long as it makes their lawn look better, and they have no problem just throwing plastics onto the floor where they'll proclaim in their infinite "wisdom" that it'll break down. Yeah, it will, but with fucking toxic chemicals leeching into the soil also. They just don't fucking give a shit about anything beyond their own self pleasure and satisfaction, and they will always be the first to point to everybody but themselves as the problem.

Wish they would all just die already.

>>17817391
Why should he give somthing back? They work ther ass off. Its ther money, not your fucking friends. Fuck your Friend.

>>17821498
nice projection retard where the fuck did I mention im in my 30s?

>>17818781

>Living/Taking care of my grandmother
>7 years on and she's planning on giving it to her son who lives in another country super fucking successful and only calls once per 3 months.
>"Oh, dear. You should get a house, its quite easy. I remember my mother gave us a home after her death and we sold it off. Just work more and you'll make it"
>me who can barely afford college
I swear on her fucking grave, im taking this house after she's killed by the virus and all the boomers like her.

>>17821979
> Same situation
> Not in the US
> Told her that im taking care of her and not her daughter
> Still refuses
> Dropped her

Thats easy anon, you should do it too

>>17818380

Wtf is it with boomers and cruises

>>17821880
Very true.

>>17821545
My father, who is in semi-retirement, decided that he'd rather pay rent with his new girlfriend and her mutts in a new apartment. He already owns a home. It is paid off. He could be living rent free, but chooses to spend money to live with used goods and her kids (all from different baby daddies). He also bought her broke down Jeep as a "fun car to fix". He doesn't fix cars. Doesn't know 1 thing about motors.

God, I hate boomers.

>>17822604

They can feel like they're travelling without doing any real work

>>17817391
Even though they haven't always made the wisest choices when it comes to things like marriage, divorce, etc. I'm quite fortunate that both my parents and extended family all look out for each other. I don't if it's limited to my family, if it's a German thing, or if it's because we live oceans apart, but it makes my stomach turn when I hear about someone getting kicked out of their house the moment they finish high school, as if they were ever given a chance to pick up a job instead of sitting in class all day.

I'm supposed to get an inheritance. I'm not counting on it, but they're doing a good job of saving for it. I'm about 50% convinced that they'll do something goofy like put the entire nut into an annuity and have it pay out to me because they aren't particularly financially savvy. My mom is savvy enough not to do that, but my dad would.

>>17820422
>>17821498
>Anon wants to build up some savings
>needs to pay to pay for training for said skill
>"lol what a loser"
sometimes I can't tell if 4chan is a positive or a negative feedback loop

>>17822334
i might, as soon as i save up enough to rent a cheap apartment i will

>leaving nothing for your offspring
Is this a white boomer thing? I get into arguments with my Asian parents all the time begging for them to live out their golden years traveling (before COVID of course). I make more than enough to pay off their house, but they are insistent on "saving every penny" working the restaurant they own. They want to pass everything on to me and my sister.

>>17823201
thanks for the positive reinforcement. I’ve been feeling like a piece of shit the last few days for genuinely hoping coronavirus kills my 69 y/o, diabetic dad so I can finally stop wagecucking and invest/start a few businesses. I literally work in a fast food drive thru.

>>17823380
it is. they had it way too easy so they think prosperity is only a little hard work away, so in their minds blowing all their savings and leaving nothing for the following generations is justified.

>>17823510
If you can afford it, I highly recommend taking multivitamins for the next couple of months and keeping some ginger and garlic on hand just in case you get brochitis/pneumonia. Things will get better anon. Try not to be bitter with your father if possible, let it roll over you like water over a rock, when he passes away having a bitter memory won't make things better even if he treated you like trash.

>>17817391
>My friends parent are selling the house, taking everything out of their retirement and spending their golden years and cash reserves traveling and consooming. My friend will not get one cent of it.
You have to realize that as long as they are alive, it's their money, not your friend's. I fucking hate when kids make claims on their old parents' property like they're counting days until they finally die. You should be happy for your parents being alive and enjoying themselves, not expecting them to suppress their desires. Fucking greedy little cunts.

it depends my grandparents after wasting $300k on both my mother and her sister have decided to sell their houses and give them to the church as my mother and her sister wasted it all making poor choices some children dont deserve it as they arent responsible enough to use it wisely

>>17817443

I don't who gave these faggots this mentality, specifically when those who tend to speak like this grew up extremely privileged and with leaps and bounds in advantages.

>>17823761
Boomer apologist

>>17817443

>>17823865
Nope, I'm 26 years old. I simply got a well paid career and my plan to be rich works even without inheriting anything at all in the future.

>>17823761
it's not their money at all, you moron
they acquired it through credit, which has been repeatedly monetized by central banks so as to literally steal the purchasing power from future generations
they've literally stolen that money from their children and the unborn

My grandmother left her estate split equally among 7 of her 8 grandchildren. One of them had a mixed-race child out of wedlock and got $1. She was pissed but didn't have any money to hire a lawyer to contest it.

>>17823761
Literally every single generation before them made sure to leave some of their wealth to their children. I sure as hell will. What's the fucking point of having kids if you hate them so much that you would rather have a fucking caravan instead of them having financial security and seed money to pursue greater things for their children. Boomers parents left *everything* to boomers.

>>17821819
>They should be doing anything and everything to give their progeny an advantage.

No that is what Nazi’s do. That’s tribalism. We live in a world of individualism. You are suppose to find your own way in this world. Start with cleaning your room and sorting yourself out. You only have yourself to blame if you do not get successful and are low on the societal hierarchy or have a girlfriend. Your parents owe you nothing.

>>17823986
Do you know what apologist means? I hope your plan to be rich doesn't involve reading comprehension.

>>17817758
It took me way too long to figure this out, but here goes...
What do you get the person who has everything? When nothing material can satisfy them? That's right, you take necessities away from others. They the same materialistic emotional kick out of it.

>>17824148
now imagine what the elites are getting kicks out of
they are unironically doing shit like in Eyes Wide Shut, and even far worse stuff like raping and eating children
I wish it wasn't true, but it is, once you reach that level of wealth and power you become completely depraved, not to mention the few people who are that depraved already and do whatever it takes to get into those positions

>>17824000
>>17824073
Look you two. Perhaps you misunderstood me.

I'm not saying "be sure to spend everything just to show a middle finger to your kids". I'm saying that as long as they're alive, they're free to enjoy their money if it makes them happy. I do agree that it's a good thing to leave something for your children, but I disagree that you should treat your money like it's already your children's money and feel guilty about spending it.

>>17823761
Every ounce of material wealth anyone gains is given in one way or another from the prior generation. We don't even give ourselves the life we live and the air we breath. The wealth of the western world is built on over 2000 years of labor, philosophy, religion, war and peace. None of it was created out of thin air by your boomer parents

>>17824216
I believe that excessive ease is a far worse thing than hardship.

>>17824139
Here you go. Now you're speaking in sentences and not just two words! Perhaps if you did that with your former post, you'd avoid this misunderstanding.

>>17824231
I didn't misunderstand you, I pointed out that what you're saying is total bullshit, and you just repeated the same bullshit again
>free to enjoy their money
>their money
it's not their money at all, they've literally stolen it from future generations through participating in a giant debt monetization scheme
they deserve nothing but suffering and pain, I personally can't wait until the day they start deteriorating and die, and I hope it will be painful

>>17824231
Social security pays outflows from current inflows e.g. the money I’m paying into it, as a 30 something boomer, is going right back out the door into actual boomers checking accounts for cruises or cadillacs or whatever.

Thats my money for retirement. Mine. Not theirs. I worked for it and am suppose to draw it down when I retire.

>we all know social security will explode before 2030 though lmao

>>17817391
My dad recently disinherited me to give it all to his boyfriend and my mom has been out of work for over 5 years and currently living off of retirement funds that's about to run out. I'm going to get jack shit from either of them despite the fact that they got over 100k each from their parents.

>>17824269
This brings up another important point. Boomers denying everything that was done for them and projecting a false image onto their kids.

>>17817391
I have a friend who's boomer parents are divorced. Before his dad's mother died, she gave all of her valuables, like 50k in gold jewelry to my friend's mother who isn't even her blood and she gave them to her kids because she knew her son would pawn it to buy stupid shit. That just tells you how fucked up some boomers are.

>>17819190
My dad decided to use his inheritance to buy himself braces when he was in his 50s at that same time when I was a teenager who needed them as well. He said that braces were too expensive for me and that I can use his when he's finished with them.

>>17817391
boomers and honestly most people have children for the same reason you would get a dog

>>17817391
my dad dies and left everything (not much) to his new family. My mom is a bitch and I called out many times on her bullshit so I am out of that will too.

Just this week I told her to get intravenous vitamin c (first time I have talked to her in close to 10 years). She talked to me for a bit but then ghosted me instead of having to actually introspect about the true nature of our relationship

>>17817391
yes, most white people do this.

literally every other race does not, because they understand the value of hard assets like property, gold, firearms, classic cards, etc which they almost always pass on to their family

>>17825012
Boomers were targeted by Marxist psychologists who used their mass media to demoralize and hone the boomers into what they are today.

Karma is real though because boomers unknowingly trained their own remorseless executioners.

>>17825012
I'm leaving my collecting of lewd anime figures to my kids

>>17817391
Hopefully Coronachan can deal with this

>>17825012

Here in the Netherlands the states robs a very large portion of any inheritance. 20% minimum for the wife and kids, 40% if you are a more distant family member and 50% if you aren't related.

>>17824534
>My dad recently disinherited me to give it all to his boyfriend...
Story time?

>>17824033
Please don't be a LARP

>>17825246
>were
have you watched what's being programmed into their minds on the idiot box lately?
it's still going on

>>17817391
Don't give them grandchildren then.

>>17825520
That's a mind-boggling cuck.

>>17825981
I'm sure glad I stopped watching that garbage.

Boomers hate their children because being a parent forces you not to prioritize yourself. Just look at how they pat themselves on the back for doing nothing more than what's legally required of them. They're so selfish they needed laws to know not to starve or kill their children for fucks sake. Sick bunch of demons the lot of them.

>>17820614
It's all because their parents loved them. By giving them everything, they never had to earn anything. They never saw the depression. They didn't see real war, just the giant scam that happened in Vietnam. They are victims of their own unearned success.

>>17824091
>meanwhile me and my kids with my million dollar old-money mansions

>>17827342
And this.

>>17824381
Corona-Chan has heard your prayers Anon.

>>17819190
my 69 year old dad is about to sell the house I was born in to fund a five year old dream of moving to nevada. I remember the day he told me we were watching pawn stars together...

>>17825012
>Every other race does not
I have yet to see any evidence of this beyond the Chinese and Indians. I'm white and my family has generally stuck together through a lot of difficult things both financially and socially, and they're from Germany, one of the more degraded western countries in terms of keeping family tradition etc. I can count on my hand the number of black and hispanic friends that I've had who inherited a single thing from their father. One coworker I knew had a father who abandoned both of the women he got pregnant with when they found out about each other, and didn't leave an inheritance despite making massive amounts slinging coke.

>>17824091
I hope you're trolling right now, but compare outcomes in families where parents prioritize their kids vs. new age boomer "im just living my best life, gonna spend your college fund on a camero " bullshit and the difference is immediately obvious.

>>17824870
>>17824534
>>17822672
sometimes I wonder if all boomers are selfish shitheads or if it just seems that way because my social circle just includes a lot of people with fucked up upbringings.

>>17817391
the only thing I ever inherited from my whole family was my gradfather's watch and my grandmother's car. well niggers stole the watch during the aftermath of a bad hurricane and my uncle took the car. well, technically he bought it for $500 off my dad because I was too young to drive. I was also too young for a bank account so I waited 4 years to get that $500. I swear on God I will never participate in this world. Like, whatever game this is, I refuse to play. Money destroyed the family.

>>17827669
>I can count on my hand the number of black and Hispanic friends that I've had who inherited a single thing from their father.

Hispanic families actually stick up for each other though, they're usually just poor. Notice how college have entire separate Hispanic graduation ceremonies. Every single member of the extended family will celebrate when one kid achieves anything no matter how trivial.

In my white family I'm lucky if a family member will agree to pick me up at the airport.

>>17818380
consoomer fags will still defend this

>>17818380
who cares, old drafty house wasn't carbon neutral anyway. Now excuse me, gonna change into my sweatpants and hit up that buffet a third time.

>>17817391
my boomer parents have said they plan to leave us inheritance

>>17817654
Boomers act as entitled as possible and call other people entitled when they are called out for it.
I wonder if calling corona entitled will save them.

>>17817391
that sounds based to me. You can't take that shit with you and what did your friend do to deserve it?

>>17817391
this is my parents too. I imagine they have probably 6-7 million saved and it's most likely all going to be gone by the time they are dead unless my dad happens to die fairly soon

My parents are leaving me their parents inheritance and their own which is a few properties and about 4 million USD in equities. Although they’re gambling way too much in the market so who knows how much it will be worth when I finally get it.

>>17817391
That's pretty much is what I've seen. They sell off their house to live in luxury.

>>17817443
lmao, all the entitled cunts are seetheing at your post

>>17825700
Essentially my dad was raised by strict Irish Catholic parents and waited until his father died to come out of the closet. The marriage to my mom and family man shtick was a cover up. My grandpa wasn't even dead a whole year when my mom caught him sneaking out to gay bars. I was just 6 years old at the time so I don't remember much but the whole thing must've fucked me up because I went from an outgoing kid with lots of friends to an introvert with social anxiety and self esteem issues.

>>17817654
>leaving a large inheritance shouldn't be their number one priority.
Enough to cover funeral costs and a little extra wouldn't hurt.

>>17822604
Orgies.

At least the jews still understand inter-generational wealth.

>>17830149
that would be hilarious if it weren’t so sad

>>17817443
do you know what seperates the elite from the plebs? it's a generational Outlook. planting a tree who's shade you won't benefit from. boomers are the ultimate jewed generation, wouldn't want the goyim to create dynasties..

>>17830924
/thread
My parents are retired and enjoying their years but they are definitely leaving my siblings and I something.
They worked hard to reward themselves and their offspring. No shame in that

>>17818380
similar shit here, i hate boomers.

>>17819149

>give it to some (((charity))) instead of to your own lineage
>said charity then floods your children's home land with shitskins
>lul, why so mad millennials?

the epitome of boomerism.

>>17818380
Damn son