@grte@lemmy.ca to Canada@lemmy.ca • 1 year agoMillennials outnumber baby boomers for first time: Statistics Canadawww.winnipegfreepress.comexternal-linkmessage-square57arrow-up1227file-text
arrow-up1227external-linkMillennials outnumber baby boomers for first time: Statistics Canadawww.winnipegfreepress.com@grte@lemmy.ca to Canada@lemmy.ca • 1 year agomessage-square57file-text
minus-squareIninewCrowlinkfedilinkEnglish31•edit-21 year agoProportionally … not economically … those old people are going to hang on to every penny until their last breath
minus-square@m0darn@lemmy.calinkfedilink5•1 year agoYes and no, they will help their own children indenture themselves to the housing market.
minus-square@Rodeo@lemmy.calinkfedilink26•1 year agoNo, they’ll spend all their money on end of life care. Nursing and retirement homes have skyrocketed in price just like everything else. Their money is going back up the chain to the billionaires, not to our inheritance.
Proportionally … not economically … those old people are going to hang on to every penny until their last breath
Yes and no, they will help their own children indenture themselves to the housing market.
No, they’ll spend all their money on end of life care. Nursing and retirement homes have skyrocketed in price just like everything else. Their money is going back up the chain to the billionaires, not to our inheritance.