Quote:
Originally Posted by Red
Missing the point. At 20, your have a whole life ahead of you,doesn't matter if it's in China or Canada, You have an opportunity to have a do over. At 63 you are old and tired. You have no luxury of of time and energy to reset and start saving again. Young people complain about having to save for retirement when they are young (see Caramon), try doing that when you are 63 and your savings just got wiped.
Hard to believe that I have to spell it out to you like this. Unreal.
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I didn't say life is over. God damn it you really suck at this reading thing. Seriously. I don't know if its reading or memory. Maybe you should look back..... what you insinuate is Gen X got hit the hardest because you lost all your money in the stock market (might agree, but if you decided to play the stock market, you should know the market is cyclical - and with the Dow at 15,445 as of today - higher then 2007, you got all your money back and more...... if you sold, well..... why the hell are you playing the stock market if you don't understand what you are doing?)......
BUT..... you make the comment the only challenge faced by Gen Y is iPhones and cars...... that is not true, many Gen Y's were hit hard by the economy as well. My point is you are too myopic and misinformed to know that..... sad that you choose to stubborn to stay in your realm.... probably just so you can sit and sulk in your corner about how hard your life is.