A Boring Dystopia

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'The economy is different now': Parents pay grown-up kids' bills with retirement savings (finance.yahoo.com)

submitted 9 months ago by [email protected] to c/[email protected]

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[–] [email protected] 28 points 9 months ago (1 children)

Young adults face myriad economic challenges in 2024 America. College costs and student debt loads are rising. House prices have soared. Mercurial inflation and interest rates have vexed consumers.

Parents, for their part, seem ever more inclined to carry on with parenting well past the age a child exits childhood, removing every obstacle in their path. Some researchers call it “snowplow” parenting.

[–] [email protected] 73 points 9 months ago (1 children)

This sounds a lot like they’re blaming parents. And not the fucking backwards concept of life in this country.

“Parents are giving up retirement to keep their kids out of crippling debt. Have parents gone too far?”

Gtfoh

[–] [email protected] 18 points 9 months ago (2 children)

Are parents ruining millennials?

[–] [email protected] 12 points 9 months ago

millENiAls ARe DEstRoYINg tHEiR paREnts' RetiREmENt SAVinGS!

[–] [email protected] 9 points 9 months ago (2 children)

Millennials are the parents now

[–] [email protected] 7 points 9 months ago

Haha we can’t afford kids, many 30 years are still relying on parental help or living at home.

[–] [email protected] 1 points 9 months ago (1 children)

Many are grandparents.

[–] [email protected] 3 points 9 months ago

I think that's pushing it. Some are but not many are at that point yet