Note: This article has been updated to include vote totals as of August 10. However, you may still take the poll and the results will continue to change.
August 4, 2021 — There seems to be more than a good natured rivalry going on with the baby boomer generation vs. Gen X, Y, and millenials. Often expressed snarkily by the “OK Boomer” epithet, the feeling among the younger generations is that baby boomers got lucky economically, and that we weren’t quite as clever or hard working as we might think. Those of us with children tend to be more sympathetic to younger folks’ plight, particularly when we see how hard it is for them to purchase homes and save for their future retirements. But we wonder, what do Topretirements Members think – how will their children’s retirements compare financially to their own? Will the kids have enough money to retire with a lifestyle matching your own?
We have a new and cool feature that allows you to answer the question right here in this article. Then, as soon as you answer it you can see the poll results instantly! You can provide a different answer (Other) here, as well as provide additional comments at the bottom of this article. Do you provide financial or other assistance to your adult children? Have your kids been able to buy a house, with or without help from you? Do you think that baby boomers got lucky financially, or are the younger generations the lucky ones? We are eager to here your thoughts on this complicated issue!
Note: There is only 1 question on this poll. But we really hope you will fill in more of your thoughts on this issue in the Comments section. If enough people respond, we might develop a more comprehensive survey on the topic.
Here are how the results came out as of August 10. It seem that a significant majority thinks their children’s retirement will not be as good as their own. Only 22 out of 127 thought it will be better. Please take the poll if you haven’t already, as well as Comment below, so we can make this poll even more representative.