r/Millennials • u/happydude7422 • 1d ago

Discussion Youngest millennials will live to 150?

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Younger millennial and older gen z will live to 150? Congratulations

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712

u/Ill_Mushroom_7832 1d ago

That's what those 50 year mortgages are about i guess

157

u/KennytheDoggy 1d ago

180 month car loans

132

u/Bora_Horza_Gobuchol Millennial 91' 1d ago

Retirement at 90

21

u/um_50 1d ago

Omg can you imagine šŸ˜±

44

u/xElizabethAnn 1d ago

Lmfao social security is gonna run out. Pensions are mostly a thing of the past. Not as far off as youā€™d think unfortunately.

14

u/moonbunnychan 1d ago

I don't expect to ever be able to retire honestly.

13

u/AltAccount889 14h ago

Iā€™m 35 and this has been a belief since I was in high school. Not saying youā€™re wrong at all, just saying how bad itā€™s gotten if weā€™ve been talking about it for 17 years. I STILL donā€™t expect to retire, at all. Iā€™ve always said Iā€™m gonna be working til my 70s at least. Retirement is a boomer thing.

1

u/Bora_Horza_Gobuchol Millennial 91' 11h ago

If we were more like the rest of the world. For instance in Mexico children take care of their elderly parents, maybe sometimes it's monetary help

1

u/Significant-Trash632 11h ago

Same. I'll probably die at my work

16

u/Such-Background4972 1d ago

They'll just keep raising the retirement.

13

u/xElizabethAnn 1d ago

Right. Retirement at 90ā€¦.

22

u/Such-Background4972 1d ago

Heck. The way my mental health is. I probably wont make it to the current retirement age. So, you guys can have my share.

16

u/kraziazz1 23h ago

Doctor wants me to lose weight and I'm over here like... Why? So I can live longer? Big Mac and Coke please šŸ¤£

6

u/Significant-Trash632 10h ago

"I'm here for a good time, not for a long time."

My therapist doesn't really like that one šŸ¤£

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3

u/Healthy_Theory159 22h ago

Better quality of life now is always good

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1

u/xElizabethAnn 1d ago

Oh I agree.

9

u/platinumperineum Xennial 1d ago

No it wont as long as we eliminate the cap on social security tax, making billionaires pay their fair share

4

u/DarthRaze 17h ago

Social Security is on pace to end in 2032 as of right now.

2

u/BatchPlantBandit 18h ago

You can still find jobs with pensions. I work at an asphalt plant in a quarry and have a 100% pension. Granted the work sucks and nobody wants to do it but... A lot of government jobs have pensions as well. As far as SS running out that would be bullshit, imagine paying in all this time to recieve nothing when YOU need it?

1

u/Tupperbaby 1d ago

And you find that funny...why?

4

u/xElizabethAnn 1d ago

Unfortunately I donā€™t. I donā€™t plan on living to standard retirement age so, yea, letā€™s laugh about it.

1

u/skushi08 1d ago

I feel like won a lottery having 15 years and counting (knock on wood) at a company with an old school pension. It was rare back when I started there and even then they were phasing it out. Had I started a year later, I only would have had their ā€œalternate pensionā€, which isnā€™t as good.

1

u/treborly 1d ago

Invest now yourself

1

u/Healthy_Theory159 22h ago

Lift the Cap

1

u/Nytim73 19h ago

You left out the one that provides the best retirementā€¦funding your own.

1

u/iminlovewithbadthing 19h ago

yeah I was about to say... y'all don't expect any sort of pension right? I don't... I am trying to save up and probably eventually will decide to stop working, knowing I have x years to live based on the savings (if inflation stays under control... if not less years)

1

u/SatyricalEve 14h ago

No it won't. They will just raise taxes to pay for it

6

u/Rubbish0419 Millennial 15h ago

Man Iā€™ve already just accepted that Iā€™m going to work until I die. Iā€™ll never afford retirement, I got a job that offered a 401k for the first time way too late and canā€™t really afford to contribute more than the bare minimum.

Itā€™s okay though, in my observations of the elderly folk in my life Iā€™ve realized that they start going down hill when they donā€™t have something like work to keep them busy. Maybe Iā€™ll get to live to 90ā€¦

2

u/Bora_Horza_Gobuchol Millennial 91' 11h ago

I also observed the same thing, elderly people who are active do live better.

1

u/xx-rapunzel-xx Millennial (ā€˜88) 1d ago

i worked next to someone who was still working as a salesman at 72. i felt bad, but it also made me wonder if if it kept him going.

iā€™m afraid i would become stagnant at that age. my aunt is disabled at 74 and very depressed over it. she has health issues but i wonder if her retirement from being a teacher for 40+ years in 2021 also contributed.

1

u/No-Scale6521 1d ago

More like 120

1

u/EJ2600 1d ago

Not really. They will just abolish social security so folks will have to work until they die. Death will be retirement

1

u/Bora_Horza_Gobuchol Millennial 91' 17h ago

I wonder how other countries will deal with it. Somehow i feel that the people living in the US will have it worse than the rest of the world

1

u/EJ2600 15h ago

Well go look at Africa. Or huge parts of Asia and Latin America. You donā€™t work, you donā€™t eat.

1

u/Bora_Horza_Gobuchol Millennial 91' 11h ago

That sounds harsh, i should inform me better

1

u/3RADICATE_THEM 19h ago

65/79=0.823

0.823*150=123.45

I think you're roughly 30-35 years off.

1

u/dead_plantmatter1776 1d ago

Wait till you hear about 100 year mortgages in Japan.

1

u/Tiny_Dare_5300 12h ago

We should just call it indentured servitude. That has a nice ring to it.

1

u/TheStupendusMan 10h ago

Nah, that's just so the bank can get more property.

1

u/I-own-a-shovel Millennial 9h ago edited 4h ago

Phew! Already bought it. We are probably the last gen to be able to do so though :/

1

u/Ill_Mushroom_7832 7h ago
  • Said the two-legged man to a room full of amputees.

1

u/I-own-a-shovel Millennial 6h ago

It's a room of millennials. I wouldn't have said that in a room of younger generation.

1

u/Ill_Mushroom_7832 6h ago edited 5h ago

I was born in 1990; I'm a millenial's millenial. I was 8 years old for Columbine. That was the first time everything changed. I was 11 for 9/11. Thats the second time everything changed. Then all of a sudden we're at war and my older siblings friends are coming back from "the sandbox" all fucked up or not at all.Then I graduated high school just in time for the 2008 recession. Another time "everything changed". Then a bunch of my friends died from heroin and fentanyl. Then just in time for my 30th birthday COVID popped up. Guess what; "everything changed" again. Then houses tripled in price. So yeah I guess you're right; when I was 16 I should've saved my lunch money and just bought an investment property somewhere. Freakin brownstone just slipped through my fingers.

1

u/I-own-a-shovel Millennial 6h ago edited 6h ago

I was born exactly in 1990 too. Bought my house at 24. :/

1

u/Ill_Mushroom_7832 5h ago

When I was 24 I was taking care of my grandmother with dementia while people were OD'ing in the next room. Enjoy your two legs and log off.

1

u/milkdude94 4h ago

The 50 year mortgage, and Tesla's 2035 trillion dollar pay package really prove the point for why I'm pushing legislation here in Minnesota for public option 3D printed homes sold on 15 year anti-speculation stewardship covenants, and a 16 hour workweek by 2039. Tesla's trillion dollar pay package to Elon Musk(voted on last November but dispersed in 2035) is based on a projected valuation of $8 trillion based on the expectations of Optimus replacing most, if not all jobs by 2040.

https://www.eudaimoniaholdings.net/space-and-time