Blogger: Seniors are the 'me' generation
He says they're out of touch on issues like health care.
"Brainy Smurf" has called out fellow members of Gen Y for expecting everything to be handed to them. And now he's criticizing seniors for being focused on "me, me, me."
Many seniors' stands on recent issues also indicate they're out of touch with current economic realities, he claims in a post called "3 misguided senior perspectives from a 30-something" at Pants in a Can.
Basically, he says, seniors have had it pretty good compared with the lives of young working people.
His three observations:
Health care. "Yeah, yeah, I know they're all over the whole Medicare side of things (for their own reasons) but they can't understand why the 'younger' set is by and large upset with the wacky costs associated with health insurance," Brainy says. He and his wife pay a combined $15,000 a year for work-based health insurance.
Retirement. Many seniors retired with the benefit of a pension. Current workers have the 401k, and seniors don't seem to appreciate the difference, he says. "The fact is -- employers aren't going to take care of their 'former' workforce like they used to, and calling a 401k plan a 'retirement' plan similar to a pension is, well, like comparing apples to asparagus," says Brainy, who despises the latter.
Cost-of-living increases. He observes that some seniors are upset that Social Security recipients will get no cost-of-living increase next year because the cost of living has declined. "Maybe my job sucks but I'm pretty sure that I'm not alone -- I haven't gotten a raise since 2003," he says. "It might even be as far back as 2001, but plain and simple, right now I'm certainly not expecting a token raise anytime soon, you know, just because …."
It's your turn. Is he being fair or harsh? Does everyone circle the wagons to protect what they have? He concludes:
But in the end, it’s really funny to me as I can't deny that I've jumped on the bandwagon before and said stuff like, "Yeah, the bratty Gen Y's out there just expect everything to be handed to them," but now I'm seeing firsthand that AARP members are just as expectant of handouts.
Copyright © 2014 Microsoft. All rights reserved.
Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.
ABOUT SMART SPENDING
LATEST BLOG POSTS
Use your organizing skills to make sure your financial house is in order too.
VIDEO ON MSN MONEY
BLOGS WE LIKE
MUST-SEE ON MSN
- Video: Easy DIY smoked meats at home
A charcuterie master shares his process for cold-smoking meat at home.
- Jetpacks about to go mainstream
- Weird things covered by home insurance
- Bing: 70 percent of adults report 'digital eye strain'