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<blockquote data-quote="RidgeHunter" data-source="post: 1328483" data-attributes="member: 4319">Hey hey hey, lets not get carried away. I call my parents place my &quot;401K Ranch&quot;. <img src="/images/smilies/biggrin.png"&nbsp; class="smilie" loading="lazy" alt=":D" title="Big Grin&nbsp; &nbsp; :D" data-shortname=":D" />I don&#039;t know about that, most of my grandparents generation that I grew up around were smarter with their money than my parents generation. Until they get senile and buy stuff from QVC anyways. Anybody have any numbers on this? It would be interesting to see who squanders money more, baby boomers vs. old timers. Isn&#039;t the averge personal debt (unsecured credit card type stuff) increasing (not in sync with inflation)?I&#039;m too lazy to search, but just anecdotally speaking all the old timers I have known have done OK with very little. I&#039;ve known many more baby boomers up a creek while/after making damn good money than low income old timers.</blockquote>

[QUOTE="RidgeHunter, post: 1328483, member: 4319"] Hey hey hey, lets not get carried away. I call my parents place my "401K Ranch". :D I don't know about that, most of my grandparents generation that I grew up around were smarter with their money than my parents generation. Until they get senile and buy stuff from QVC anyways. Anybody have any numbers on this? It would be interesting to see who squanders money more, baby boomers vs. old timers. Isn't the averge personal debt (unsecured credit card type stuff) increasing (not in sync with inflation)? I'm too lazy to search, but just anecdotally speaking all the old timers I have known have done OK with very little. I've known many more baby boomers up a creek while/after making damn good money than low income old timers. [/QUOTE]

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