Originally Posted by Jay_Gatsby
Along with those "great skills" comes great competition. If you're tenacious, you can succeed quite nicely. Unfortunately, many of those in Generation X and Y want their success handed to them. I've learned the hard way that things don't work like that. Perhaps that's why I'll probably never truly retire -- but will most assuredly become FI from my efforts.
O.K., as a member of gen x, I have to stand up for my generation. I think there are just as many baby boomers who are looking for some one else to give them what they want as any later generation. My work is filled with stories of boomer dinks who sucked their depression era parents dry all their lives, then lost the family house once the parents died, just to support a lifestyle they couldn't afford because "they didn't DO overtime" etc. I have a coworker who has been "renting" his house from his dad for $400 a month for something like 20 years, yet complains he hasn't been able to save up for a house and that housing is too expensive in San Diego, everybody else got lucky breaks he didn't etc.
I think I heard somewhere that every generation thinks it's the last good one, but I say there are plenty of bums born since the beginning of time.