this post was submitted on 12 Apr 2024
564 points (94.9% liked)

Not The Onion

12290 readers
2542 users here now

Welcome

We're not The Onion! Not affiliated with them in any way! Not operated by them in any way! All the news here is real!

The Rules

Posts must be:

  1. Links to news stories from...
  2. ...credible sources, with...
  3. ...their original headlines, that...
  4. ...would make people who see the headline think, “That has got to be a story from The Onion, America’s Finest News Source.”

Comments must abide by the server rules for Lemmy.world and generally abstain from trollish, bigoted, or otherwise disruptive behavior that makes this community less fun for everyone.

And that’s basically it!

founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] florge@feddit.uk 152 points 7 months ago (16 children)

However, the upheaval millennials and Gen Z have faced may soon be behind them. The former is expected to become the “richest generation in history,” courtesy of a $90 trillion great wealth transfer in the coming decades, while younger consumers generally say they’re feeling more optimistic about their financial futures.

Don't worry, eventually your parents will die and you'll be able to live in the whole house not just the basement.

[–] astraeus@programming.dev 114 points 7 months ago (2 children)

$90 trillion great wealth transfer. As if that money is going into the hands of people who aren’t already obscenely wealthy to begin with.

[–] nilloc@discuss.tchncs.de 35 points 7 months ago* (last edited 7 months ago)

Also the the boomers with any wealth are going to live a lot longer. My boomer mom’s mom was 91 when she died, the only reason my mom is solvent is because she inherited and sold grandma’s house.

If my mom lives that long I’ll be in my mid 60s and my brother in his 50s. I’m a late Gen Xer btw.

So the timeline is at least 15-20 more years.

[–] grrgyle@slrpnk.net 21 points 7 months ago

Subscription services will be like "sorry it's $1k per extra seat now"

load more comments (13 replies)