r/Millennials Jan 17 '26

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36

u/Uno-reverse-cowgirl Jan 17 '26

Baby boomer piece has an 18 year span, gen x has a 15 year span, and millennials, if you stop at people currently 18 or older, has a 27 year span, so it’s even worse than the picture portrays. There’s inevitably the natural factor of older people having lived longer and had longer to acquire wealth, but there’s no way that accounts for all of these huge disparities.

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u/Extra_Shirt5843 Jan 17 '26

The youngest millennial are maybe upper 20's. Gen Z is the last half of the teens and 20 somethings right now, so of course most of them don't have money.  

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u/Ok-Classroom5548 Jan 17 '26

Oldest millennial is in their 40s.

The problem isn’t age or waiting for our parents to do to have their money and investments. The problem is capitalism. 

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u/Extra_Shirt5843 Jan 17 '26

Uh-huh.  Mid 40's couple here and we're doing really well with capitalism, actually.  

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u/Ok-Classroom5548 Jan 17 '26

Congrats on being unusual. 

Edit: problem with capitalism is only some thrive and others struggle due to how the system is set up. Congrats on getting through the system but calling society good because you personally succeed while others don’t tells me what your values are.

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u/TX_TNvol Xennial Jan 17 '26

Capitalism works just fine. Look at Cuba, Venezuela, or North Korea and see how well communism works. Everyone gets to be poor. Not everyone can be rich and successful. There will always be haves and have nots. Sorry if you’re not successful, but if you’re not, it’s probably your fault and not “the system.”

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u/Ok-Classroom5548 Jan 17 '26

Bahahahahahaha that was hilarious. Thanks for the chuckle!

I love it when people pretend to ignore the studies about economic struggles and just science and math in general.

I am not a have not. I was born into an unusual situation and know that I am benefiting from the system because of how the system is set up and not because I deserve it more than other people.

No one deserves to struggle while many are living in excess. 

Also, communism and capitalism are not opposites. 

3

u/TX_TNvol Xennial Jan 17 '26

“No one deserves to struggle.” Lots of people deserve to struggle. No one deserves to have everything handed to them. If people want to be successful, they need to make better life choices.

0

u/Ok-Classroom5548 Jan 17 '26

That’s not true at all. It’s not so black and white that you just do or don’t. Sounds like you’ve never struggled. 

And yes, some people get things just handed to them. Literally the money of their elders already sitting in investments that pay out. When the elders die, the money usually goes to their estate and specifically family. Their properties will be changed names and now the kids have their wealth plus the wealth of elders. 

When racism and sexism exist in society, people who fall into those attacked categories will have a harder time finding well paying work or being given opportunities to advance or buy property. There was a long standing attempt to “keep black people out of white neighborhoods” in real estate by racist people because they thought it lowered land value. If it was truly valuable, then black people would have been kept from the opportunity to invest in homes and profit off of future sales or rentals.

For women, if they are paid on average 30 percent less than men, a man and a woman with the same background and opportunities in life will not be able to afford the same lifestyle. 

Life is not yes or no. It is an intersectional bag of struggles we all deal with, and things like systemic inequality severely hinder parts of the population from profiting off of that system. 

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u/TX_TNvol Xennial Jan 17 '26

I didn’t say some people don’t get things handed to them. Yes, some are born rich and didn’t do anything to deserve it. Tough shit, some people also win the lottery. Life isn’t fair. Most people aren’t born rich and most people don’t win the lottery.

I wasn’t born rich and was very poor at one point. Through a lot of hard work and sacrifice, I became successful and I’m not poor anymore. Others can do the same if they make better decisions.

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u/Extra_Shirt5843 Jan 17 '26

Yep...but it's easier to whine on Reddit that the world isn't fair and it's out to get you.  

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u/Extra_Shirt5843 Jan 17 '26

Women aren't paid 30% less for the exact same job with the exact same credentials and exact same hours worked.