to ask if you're pissed off with the Baby Boomers?

[DamFineBeaver]

Because people who are currently young-ish adults (MN's main demographic?), and younger, will be paying for the lavish lifestyle they've enjoyed?
The money borrowed for their nice big pensions will be paid back by us and our children.

Does this mean they shouldn't spend so much time in Tenerife?

I don't know where people come up with the £2K per month. £1300 a month I assumed or was it £13000 a year plus state pension won't be £2K a month. But it will be above minimum wage.

I read it as £1300 pm and state pension on top?

Which is nowhere near £2K a month. It's frightening how clueless people are as to the amount of state pension people get. It's around £110 per week. And a lot less if you haven't paid full contribution.

Also an inevitable physical fact fireside - if someone is economically unproductive (horrible phrase!) those who are working are by definition 'supporting' that person - so as you say, current working generation is always going to be working to pay the non-working generation's pensions!

But do we all really resent paying for unproductive people if that includes the disabled or mentally ill and others who need help through no fault of their own? I don't like to separate into the deserving or undeserving, so am happy that our taxes are used to support the wider community, whoever they are.

I've probably only worked 2/3rds of my working life for various reasons, but have enabled my husband to pay a small fortune in taxes. We have never had to claim benefits and we consider ourselves fortunate for that reason alone.

Our pension will be nothing like Bloomings and we will have to support 2 of us on that.

The bitterness on here is so depressing though.

I would say 1700 Vivienne? Still ridiculously high for one person.

I am not sure if I'm a baby boomer or not (born 1961), but I agree that younger people do have it hard today. I had the benefit of a free universoty education and I was able to (just about) get on the housing ladder in my late 20s. I've had job security. I am very far from well off, my job doesn't pay that well, but I am grateful for my good fortune.

But. It isn't actually my fault that things are worse for younger people and blaming me doesn't make the situation better for younger people. I suppose you could take the pension I will have paid into for 30 + years away from me and tell me I can't have a state pension when I retire, but that still wouldn't change things for you. All that would happen is that your generation would have to deal with parents who are destitute.

Baby boomers did things to try and change the world. They got out on the street and protested. They went on strike to win better working conditions. When the government brought in the Poll Tax we fought back and defeated it.

That's what you guys should be doing. Get politically active. Fight back against the system which is screwing all of us one way or another. If you all voted in greater numbers the politicians would start listening to what you want, instead of going for the grey vote all the time.

People blaming each other (baby boomers. immigrants etc etc) for the fact that the ruling classes are still screwing all of us as they always have done just plays into their hands.

Babyboomer with good pension here, very nice after a long career in the public sector. We have given large sums to DCs and are busy trying to live long enough for these to be tax exempt.

Certainly won't be spending any time in Tenerife, we much prefer the Caribbean.

Intergenerational hatred?

I think that's an extreme case construction of this thread. There is no hatred.
Perhaps the truth disturbs people who prefer to think of their children as profligate consumers who deserve whatever is coming to them.
But as Badz pointed out, inequality is growing and many of us are struggling with no prospect of things getting better for us. Just worse.

But I don't hate the BBs. My parents worked in the public sector for decades through the last thatcher government when we couldn't afford anything at all. They have their reward now. I don't begrudge them for a second.

But I do wish I could be more confident about the future. Old age worries me and my generation.

My mum gets health £600 SP pm as she gets some of my late dad's too (?)
So I figured 1300 + 600 = nearly £2k.
Maybe it's more like £1700 in Margaret's case.
Still a lot per month for a mortgage free single person!
She will get winter fuel payment (£150) and 25% discount on CT too.

It's certainly quite a good amount for one person to live on.. Especially if they've never worked. A lot more than many families get. But it's not typical IMHO.

I don't get your figures Baddz! Not sure what you mean by helath £600 pm SP. Does that mean £600 a month state pension.

My mum gets £12000 per year in pensions - state pension and 2 work pensions of my late dad's.
She has a small amount of savings.
She has worked since she was 14 (left school in rural Ireland) until she had to retire due to ill health at 60.
I don't begrudge her that. Or her free prescriptions.
But she has told me more than once that she is glad she is not bringing up dc now.
The future is so uncertain and all the great things about our country are being either dismantled or eroded.
It amazes me that people aren't in the streets with pitchforks tbh :(
And yes, I don't like the divide and conquer that is going in in politics ATM.
Young people vs BBs
Us vs them
And it's working :(

Sorry!
Yes it's nearly £600 state pension.

My baby boomers parents have no university education. My dad left school at 15. They have around 2.5k a month pensions as it is all public sector. They have had massive lump sums to.

Just the way it was back then. I dont care that their generation is better off but I do wonder what baby boomers who didn't make much money back then were doing. Houses were cheap, jobs were more secure/better paid. They didn't need a lot of education, and they didn't ever work long hours.

I know my mum pays tax as the 2 small work pensions of my dad's take her over her allowance.
(Not by much though)

Yes, I do. Because they didn't make wise decisions and try to pass onto later generations a better, more prosperous world than their own, but instead enjoyed the benefits of a generation that had worked after after dealing with wartime. I get the impression that a lot lived for the day and that's a choice the current generation cannot have, when faced with high rents, tuition fees and working all their lives to pay off debt just to have a chance to get to the same stage for what was provided free to the baby boomers.

Even those that helped their own children get on the property ladder contribute to rising house prices and pricing those who don't get that help due to accident of birth out of the market.

I don't even know how much sympathy I feel for those baby boomers who didn't manage to buy their own council homes or benefit from free university education to set up and a secure retirement for themselves.

not at all. In fact female baby boomers born in 1953 to 1954 have been properly shafted by pension reforms. I have a sibling currently on jsa after working solidly for 30 or so years. She has watched her retirement age rise yet again from 63 5o 65 plus years. Her sibling, only two years older retired at 61. At 61 she is finding it increasingly difficult to find work and paying all her biols etc except rent on 71pw is horrible.

Wooly - We don't get hb. We have funded all our own house repairs, which include ripping walls out in living room, rebuilding hall, and new bathroom . We also run 2 cars on top of that. We are booked for 4 holidays so far this year. I don't understand how people can't cope on that, unless they have massive mortgages.

But every time a Government dares to question Public Sector pensions their is outrage. They are just not sustainable. I know somebody who took their pension and now is back and the same job part time and hasn't lost a penny. (Public Sector)I don't agree with that at all. When there are so many young people out of work.

Yeah my dad was offered that. You get about 20k lump sum cash at 60. Then the big pension a month. Pretty good for not even completing school. Loads of people his age are in same circumstances. Fair play to them, would be nice if they gave me a bit but that is wishful thinking

What big pension? I'm 62 and still working full time (with life-limiting illness). I'll soon be spending some of my inheritance (from my parents) on assisting DCs to buy apartments.

I know this doesn't apply at the level of all individuals, Lily. That, to say the least, sounds hard. And your DC are very lucky to have you.

The problems with the current financial situation run deep, into the debt-based money system, and clearly cannot be traced to specific individual baby boomers, or anyone else (except perhaps a few high-level banking types).

But there is a genuine moral question, I think, about whether the boomers who ARE quite rich, with much poorer DC (and I believe the DC are on average "poorer" in real terms), are right to go on loads of lavish holidays while their kids struggle to pay the heating. Sure, they've "worked for it". But that does not happen within a vacuum. Circumstances were right. They're not quite so right any more, and are likely to get worse. Current lifestyles have been funded by increasing debts.

None of this, of course, detracts from the fact that we're all bloody lucky.

But, personally, I think there are some interesting issues here.

I'm really surprised by how much bile this has created.

Just to update the list of personal abuse the original post received:

that's a bitter attitude

I just get pissed off at posters starting vile threads

Oh God. Not this again!

suckers like the op

how stupid the OP is… should be deleted

Yawn

What pisses me off is goady fuckers who keep starting threads on this

What a stupid topic

you should think yourself lucky they bothered to have you, ungrateful and ungracious as you are.

Grow up. (And pray the next generation are not as stupid as you are)

The babyboomer who raised you did a piss poor job

You could also consider the different meanings of the words 'dam' and 'damn'

you are just jealous.

bitterness is a terrible trait

you need to go back and brush up on your grammar

Not that a care one jot what you think.

you sound bitter, twisted and not very bright.

If it's so boring, where does all this come from?

I asked a question. Alright, it's slightly loaded, but then that's often how (IMHO) to start productive debates.

tropical Just the way it was back then. I dont care that their generation is better off but I do wonder what baby boomers who didn't make much money back then were doing. Houses were cheap, jobs were more secure/better paid. They didn't need a lot of education, and they didn't ever work long hours.

Me too. I'm thinking specifically of my own parents. They had a really nice, new build council house at one time, and should have bought it, but preferred to spend their money on "nice things". Then of course moved for stupid reasons, ended up somewhere not so nice and expecting me to bail them out. They would leave jobs on whim and walk into another one the next Monday morning, no need to have a university degree. No constant monitoring and assessment of performance in work either.

PIL are only where they are now because of rising house prices and easy public sector jobs you would need a degree (and debt) for now.

Maybe you should rethink your strategy then.