Hacker News: piguinhttps://news.ycombinator.com/user?id=piguinHacker News RSShttps://hnrss.org/hnrss v2.1.1Thu, 16 Jul 2026 22:58:05 +0000<![CDATA[New comment by piguin in "42% of adults rely on their parents for financial support"]]>Looks to me like the older generation amounts to roughly 30% of the boomer generation. A couple has 4 parents and half of people are bellow average.

Sure maybe its wrong and people are counting inheritance similarly to living parents, etc, but I'm not surprised at all if the lowest quartile is reaching retirement age broke getting money from any relatives that can help and that are inclined to help.

]]>Thu, 16 Jul 2026 20:50:55 +0000https://news.ycombinator.com/item?id=48940051piguinhttps://news.ycombinator.com/item?id=48940051https://news.ycombinator.com/item?id=48940051<![CDATA[New comment by piguin in "42% of adults rely on their parents for financial support"]]>Maybe you're not familiar with the entire economy? There are a lot of households that depend on retirement checks of the oldest members and households that don't have traditional work but may have family homes, businesses and farms still in the name of the oldest relatives. Different groups would have different results as far as whether they will inherit independence or become destitute if parents die.

]]>Thu, 16 Jul 2026 18:37:22 +0000https://news.ycombinator.com/item?id=48938420piguinhttps://news.ycombinator.com/item?id=48938420https://news.ycombinator.com/item?id=48938420