Critics of so called baby boomers

[Pixxie7]

What is wrong with you people comments like waspi women are grabby and baby boomers have all the wealth because they bought their houses for a few thousands. I started work at the age of 16 with a salary of £7 a week, worked all my life. Did not have access to pension contributions until I was 52. Paid nearly 50 years of national insurance, which was for my pension which is not a benefit but a right, only to have nearly £50,000 stolen by the government. Imagine how you would feel if this happened to you.
Not saying you have it easy but you have far more opportunities than we ever had.

This really doesn’t make sense.... no access to pension contributions for 52 years, and 50 years paid. Are you 102? Also, how have you had £50k stolen?
I’m sorry - I just can’t make sense of your AIBU.

Not goady at all......

I don't know why it has to be a race to the bottom for everyone with the whole 'we have it harder than you' bollocks

Is this a TAAT?

I think OP means no access to a private pension team until 52 but 50 years of NI paid in towards state pension.

Scheme not team

To say you had no access to pension contributions is pure rubbish. I worked for a company that did not have its own scheme so I invested in a Stakeholder Pension which I researched and found myself. You could have done the same. You just could not be bothered. My pension age moved from 60 to 67 too but instead of moaning about it use the extra years to invest in a pension. People now have to pay a fortune for nursery fees that were really cheap when my children were young plus my Mum had my children two days each week so I could pay less nursery. Our houses have risen in equity so high without us having to do anything. We did have it good. I look back and feel lucky and yes now I am well off and could retire early even without state pension.

20 or 30 year old today;

No final salary pension
No free university education
No MIRAS tax subsidy on mortgage payments
No cheap unregulated finance to build portfolios of unregulated private rented housing to rent out at poor quality to 20 and 30 year olds.

Generation X verging on boomer here and even I can see what a mess it is for the young.

I don't get your point, either, OP. It's a pretty passive aggressive post.

No it’s not great for the youngsters. They are big consumers though; they have more and better of everything than we had at their age. I feel like our pleasures were much smaller.

Still not good for them. I blame successive governments though, not ordinary working people.

Bet you did buy a house for a few thousand though

Oh... this thread again.
Ok a large number of women have been denied the pension that they were told that they’d get at 60. When they were informed of the change in pension age , they didn’t have enough time to pay into their pensions to cover the shortfall ( would have needed tens of thousands of pounds.)
Many of these women worked in menial positions and wouldn’t have spare money to put into their pension. Many of these women would have been actively discouraged from working once wedded or pregnant. They then lost NI contributions towards their meagre pension.
Interesting to note that women in late 80s/early90s demanded that their salaries be taken into account with regard to mortgages ( discrimination) ergo, mortgage lenders suddenly found themselves able to offer mortgages that couldn’t be afforded if mum stayed at home for a while. Consequently house prices shot up so now both partners must work, put their children in wrap around care and struggle. Women now have access to workplace pensions now.
Baby boomers had no access to to free childcare or nursery places.
Women constantly struggle... always have done and will do.
Please leave baby boomers alone... at least we now have washing machines, supermarkets, microwaves , tumble dryers, steam irons and mobile phones to spend endless mindless hours checking our trout pouts!

Sorry I was 52 before I was able to join a works pension scheme and the government stole my pension along with other women born in the 50s.

I didn’t say that I am trying to put things in perespective.

My first house was £24,000 yes but given that the average salary was about £3000 per annum. It’s all relevant.

Bully for you I am glad you could afford it. You have no idea.

Op you are going to get hung out to dry on here. As much as the pension situation is shit at least you had years of potential where you could have earned a decent pension if you had been financially savvy. Those now in their 30s have much worse prospects. Zero hours jobs with absolutely no rights. No chance of owning a house. The fact that you didn't take advantage is your issue but your generation certainly had the best of it.

Was it normal to buy a house that cost 8 times your salary back then? Here they lend you 3 times your salary. That’s more reasonable.

It wasn’t a matter of being financially savvy you say I had years, would that be whilst I was working nights so that I could look after my own 3 children during the day and still afford to live.

No £15000 deposit.
My children are now in their thirties and all 3 are buying their homes. However I am aware how hard it is. I guess you need to prioritise.

I presume OP stands for old person. This is just rude, you will be old one day. This is an agest comment and unnecessary.

I presume OP stands for old person. This is just rude, you will be old one day

It stands for original poster, as in, the person who started the thread.

It goes both ways doesn't it? Look at the scorn of 'Millenials'. I see people write some stuff and think wow, do you have young people in your household and what do they think of your derisory comments?

Well I’m a millennial (I’m 34 by the way!) and constantly get told that if I didn’t eat so much avocado on toast and just prioritised I’d be rolling in it. I don’t even like avocado

Maybe don't just 'presume' in future.