You Know What Really Grinds My Gears? Now with 3x more gears...

[Fuzz]

Originally Posted by ResAlien

Some people plan to leave money to their kids? Hard to build generational wealth if you die penniless and leave them nothing more than memories and tales of hard work.

Now the childless people? Sure keep yourself a little bumper in case you outlive your retirement but yeah definitely die broke. Get one of those reverse mortgages too and let your nonexistent next of kin deal with it that's what I say.

But if your plan includes living to 80, your kids are probably 50-60 by the time you die. How much inheritance do they need at that point? Shouldn't they be pretty financially secure? Is working extra hard or longer to have money for that really logical? And if you do have extra money, hand it over when they can use it. Getting a financial gift to pay for your first mortgage is a lot more useful than using it for the last mortgage payment.

I get that you can't predict your death day, but it seems it would make sense if you don't have huge excess to not have a plan where you preserve that wealth at the expense of more working years, and spending less time with them.

[DoubleF]

Originally Posted by Locke

If they want my $10M dollars they'll have to pry it out of my cold, dead hands.

Lol! Or maybe just gun me down in the street, that appears to be kosher these days.

I'm sure someone would have to pry your phone out of your hands to get past 2 factor authentication.

[Locke]

Originally Posted by Cappy

There are going to be a lot of unhappy Gen Zers in the future.

Being more indebted than Millenials at the same time in their lives doesnt help them either ...

Oh...mother nature will shuck the human race off this mortal coil long before then!

See? Thats how you deal with retirement! Live fast and die first!

[SutterBrother]

Originally Posted by TheIronMaiden

I think this based in the fact that Gen Z knows how expensive the world is when you start from scratch. The Boomers on the other hand are probably still stuck in the idea that you can just buy a house for 63,000 and pay it off in three years.

For 1 in 5 younger generations (Gen Zers and Millennials 19%) a secret to success is ‘fake it ‘til you make it.’

Holy crap those kids are f-ed.

[Party Elephant]

Originally Posted by Cappy

There are going to be a lot of unhappy Gen Zers in the future.

Being more indebted than Millenials at the same time in their lives doesnt help them either ...

This is already the case in the present.

[Badgers Nose]

Impactful is a very stupid word.

[Badgers Nose]

Originally Posted by Fuzz

I get that you can't predict your death day, but it seems it would make sense if you don't have huge excess to not have a plan where you preserve that wealth at the expense of more working years, and spending less time with them.

You can predict it accurately to the second if you are so inclined.

[GirlySports]

I hate being sick and at the office but I have to get through today, then probably take tomorrow off. I'm so cold, I have multiple layers on. I went to buy a cup of coffee at Tims just so I could hold something hot.

[Sliver]

Originally Posted by GirlySports

I hate being sick and at the office but I have to get through today, then probably take tomorrow off. I'm so cold, I have multiple layers on. I went to buy a cup of coffee at Tims just so I could hold something hot.

Sorry your sick, but there's no way you aren't trolling for us to freak out about you being in the office to get everyone sick before xmas lol. I ain't biting, but surely somebody else will.

[Knut]

Speaking of that.

The other day a kid showed up to hockey (U15) pale as ghost, said he was super sick and was coughing away in the dressing room. We called his parents to come pick him up and take him home.

Come on.... do not send your kid to hockey when they clearly are super sick. First off, they will be useless out there. Secondly, the entire team will soon be sick.

[Locke]

Originally Posted by Knut

Speaking of that.

The other day a kid showed up to hockey (U15) pale as ghost, said he was super sick and was coughing away in the dressing room. We called his parents to come pick him up and take him home.

Come on.... do not send your kid to hockey when they clearly are super sick. First off, they will be useless out there. Secondly, the entire team will soon be sick.

We as a society have learned nothing.

I remember as a kid everyone was very cavalier about it.

"Oh your ankle is sprained? Play through it! Boo-hoo baby! Oh you're sick? Gut it out! Don't be a wuss!"

But...we just went through a Global Pandemic...come on! We have to know better than this! Otherwuse we need to seriously consider calling time on humanity.

[GirlySports]

Originally Posted by Sliver

Sorry your sick, but there's no way you aren't trolling for us to freak out about you being in the office to get everyone sick before xmas lol. I ain't biting, but surely somebody else will.

It was a random post.

Anyways, i hid from everyone, finished what I needed to and now i might be out til new years.

[Cappy]

Originally Posted by Fuzz

But if your plan includes living to 80, your kids are probably 50-60 by the time you die. How much inheritance do they need at that point? Shouldn't they be pretty financially secure? Is working extra hard or longer to have money for that really logical? And if you do have extra money, hand it over when they can use it. Getting a financial gift to pay for your first mortgage is a lot more useful than using it for the last mortgage payment.

I get that you can't predict your death day, but it seems it would make sense if you don't have huge excess to not have a plan where you preserve that wealth at the expense of more working years, and spending less time with them.

This is pretty spot on.

I think there is a point to having wealth where you can help your kids with a down payment or first housing purchase, tuition etc. Giving them a huge head start in their adult life. But If I am in my 60's, my lifestyle is probably going to be pretty set.

Maybe your snotty ass grandkids will get to enjoy the fruits of your labour...

[PepsiFree]

Originally Posted by GirlySports

It was a random post.

Anyways, i hid from everyone, finished what I needed to and now i might be out til new years.

[habernac]

Stay the #### home if you’re sick. You’re a jackass if you go to work like that.

[Locke]

Originally Posted by habernac

Stay the #### home if you’re sick. You’re a jackass if you go to work like that.

Yes. This. And...if you're sick...don't use the day to run all of your errands all around the goddamned City!

[chemgear]

[DownInFlames]

My cleaning lady quit right before Christmas. This is the worst thing to ever happen to anybody.

[GGG]

Originally Posted by DownInFlames

My cleaning lady quit right before Christmas. This is the worst thing to ever happen to anybody.

You shouldn’t have tipped her either a bag of empties.

[getbak]

Originally Posted by GGG

You shouldn’t have tipped her either a bag of empties.