Daniel Harris🇺🇸
294 posts

Daniel Harris🇺🇸
@fitztown
Navigate market fluctuations, embrace authentic life; face the sun, walk freely.
u Katılım Ocak 2009
46 Takip Edilen18 Takipçiler

a friend’s parents bought their house in 1993 for $67,000
same house is worth $1,200,000 today
he’s their only son
spent years quietly knowing that house was coming to him someday
they sold it last week
to fund their retirement
he found out over dinner
just sat there
nodded
said “that’s great mom”
went home and did the math
$1,200,000
gone before he ever touched it
boomers didn’t just win the housing market once
they won it twice
English

@cpaforerp Let's follow each other. Please share any new insights or updates with me. I've already followed you, and I look forward to your follow.
English

@fitztown I believe it is a function of where you live. My 4 millennial children own their own homes. 3 of the 4 have nicer homes than mine. We all live in Texas. If you live in California, you may wish to consider moving.
English

@kathl_brock And parents choosing to use their wealth for their own retirement is completely valid
English

@jeremyct He may be their only son, but as an adult he isn’t “entitled” to anything. It’s his parent’s house and their choice to do what they want with it. It was never his to begin with, so it shouldn’t be a loss to him.
English

@Steve81348829 The assets belong to them until they deteriorate, and only when they are truly owned and controlled do they truly exist.
English

@michael_ha3931 It’s understandable to be skeptical because that jump feels extreme, but that kind of price change is actually very plausible in parts of the U.S.especially in high demand suburban or metro-adjacent areas.
English

@Richthegood People fund their lives until the end of their lives. The controversy usually lies not in whether this practice is reasonable, but in what people expect in return.
English

@jeremyct How about celebrating the fact that the old people can now support themselves until death. They don’t become anyone’s financial burden. That’s a success story.
English

@steven_glancey thx for the like on my post! Just hit u w/ a follow let’s be mutuals so we can swap insights. Looking forward to the follow back!
English

@tessamaybellee Let's follow each other. Please share any new insights or updates with me. I've already followed you, and I look forward to your follow.
English

@fitztown Maybe? This seemed ignorant and selfish. Nobody talks about how limited social security is or how constrained a fixed income can be. SS is supposed to be supplemental, not the sum total. You leverage your equity and your savings to help offset the loss of income.
English

@Troll01313 Right now, it’s just a frame, buried under the dust of time. 🏚️ Let’s move to DMs to talk more it’s easier that way. 📩
English

@tessamaybellee Social Security was never designed to be the whole plan. It was the floor. The rest was supposed to come from you. Most people just didn't save the rest.
English

@MyRiteTwit In most real life situations, parents make retirement decisions based on uncertainty about their own future expenses, rather than on their assessment of their children's reliability.
English

@jeremyct Maybe his parents know they can't count on him for their long term end of life care and are ensuring they don't have to.
English

@ChrisJomones First, secure your own retirement life; any remaining money is merely a gift for the next generation, not a guarantee.
English

@EumanSavage This is a complex and gradual process, not a single alternative narrative.
English

@estherzelda0514 Read the book. They have blonde hair. Helen was blonde. The Hellenes conquered Greece from the north.
Whatever the skin colour of the people there prior to that - they were killed.
English

What I'm learning from the outrage over the casting of Black people in the Odyssey ("disrespecting muh culture") is that a lot of you are poorly educated and think modern Western Anglos like yourself have a super special claim to being descended from Late Bronze Age Mediterranean city states, which is literally Victorian racial theories bullshit. You are not descendants of ancient Greeks. Your ancestors, in fact, likely never interacted with ancient Greeks at all. Cope.
English

@SCAngel58 That actually sounds like the whole point of it Work hard build something and finally get to enjoy it later in life I think most people respect that The tension only shows up when younger generations feel like the starting line moved further away than it used to be doesn’t it?
English

@jeremyct And we worked damn hard for it. My kids can have anything left over but our hard earned money is taking us on vacations we were never able to do and fixing my home with proceeds from the sale of a 2nd home to make it what I’ve never been able to have.
English

@taustin844 I hear you on personal responsibility. But I think the frustration people are reacting to isn’t about inheritance itself, it’s about how differently wealth compounds across generations under changing economic conditions. That gap is what keeps the debate alive, isn’t it?
English

@jeremyct Parents are not required to fund their children past 18… Any child that sees their parent’s assets as their own is greedy and self absorbed. Boomers live/lived the same as everyone else in the economic conditions of their time. Technology and government have wrecked America.
English
Daniel Harris🇺🇸 retweetledi

@Troll01313 Let's follow each other. Please share any new insights or updates with me. I've already followed you, and I look forward to your follow.
English

@AnnNally1 thx for the like on my post! Just hit u w/ a follow let’s be mutuals so we can swap insights. Looking forward to the follow back!🤝
English









