No pay rise? Blame the baby boomers' gilded pension pots

chewmylegoff

ruggedtoast wrote: »

I have lost count of the number of boomer taxi drivers I have been driven by who have semi retired and boast from the front seat as to their housing and pension wealth.

That seems to be the thing to do when you downsize in your 50s around here. Buy a Skoda Estate and drive people to and from Heathrow three days a week for pocket money and boast continually about how much money you have.

So far I have heard tales of the following:

Trips to celebrity restaurants Cruises Lavish holidays How selling their house in London enabled them to buy another house and a flat to rent out "down here" Final salary pensions that started in the 90s How everyone should buy a Skoda

Winds me right up. I literally sit in the back seat fuming. :mad:

Perhaps you should stop enriching these boomers by being so profligate - stop wasting your money on taxis and travel by megabus instead.

ruggedtoast

chewmylegoff wrote: »

Perhaps you should stop enriching these boomers by being so profligate - stop wasting your money on taxis and travel by megabus instead.

I have no choice but to use taxis for these journeys.

The moment I see Gen X Airport Cars or Hard Up Millenial Cabs I will be using them. However like with everything else it appears the boomers have a monopoly.

Landofwood

ruggedtoast wrote: »

These boomers have made a mint from doing things that barely pay minimum wage these days.

Really grinds my gears.

Corbyn'll see to them.

Can someone please catch me up?

Is ruggedtoast some kind of parody account? I've often been tempted to reply to his posts but feared that I might be mocked for not being in on the joke.

undetterred

ruggedtoast wrote: »

These boomers have made a mint from doing things that barely pay minimum wage these days.

Really grinds my gears.

Corbyn'll see to them.

Some of these replies is akin...to 'who put 50p in the !!!!head'

chewmylegoff

ruggedtoast wrote: »

I have no choice but to use taxis for these journeys.

The moment I see Gen X Airport Cars or Hard Up Millenial Cabs I will be using them. However like with everything else it appears the boomers have a monopoly.

There is always a choice. You could hike to the airport over the course of several days, poaching swans and camping under bridges. You could even just refuse to go in order to stop making the boomer taxi drivers richer. You might lose your job but this is a matter of principle. Just think - what would Jeremy Corbyn do in this situation.

What would Jeremy Corbyn do
if he was here right now?
He'd make a plan
And he'd follow through
That's what Jeremy Corbyn would do

gadgetmind

ruggedtoast wrote: »

IMillenial

A thousand !!!!!!?

Maybe you mean "Millennial", which is a thousand years?

Boomers had to study Latin.

Spidernick

Landofwood wrote: »

Can someone please catch me up?

Yuk! I cannot be the only one who hates this Americanism that makes no sense whatsoever (meaning the exact opposite of what it says)!

Back to the subject in hand: my parents certainly aren't 'minted' in their retirement and have been extremely careful savers all their lives. There is an element of luck as to where you live, what happens with property prices there, etc.

MPD

My FIL keeps banging on about how unaffordable public sector pensions are, might not grate so much if he wasn't living off a non-contributory public sector FS pension that was enhanced by 6.66 years following early retirement for stress. He wasn't too stressed to immediately start his own business.

gadgetmind

One of the duties of those on gravy trains is to accept that this is in fact what they are riding, and to not complain when they slow or pull into the final station.

BobQ

ruggedtoast wrote: »

These boomers have made a mint from doing things that barely pay minimum wage these days.

Really grinds my gears.

Corbyn'll see to them.

When I was young a bus driver was a solid, reliable job but bid not earn a fortune.

Boomers never set out to disadvantage anyone nor did they support a campaign to denude the younger generation of pensions or good opportunities.

In fact it was probably the boomers who advocated better employment conditions for your generation through trade unions and their votes, while your parents were busily accepting the changes being imposed on them.