Boomers Are Passing Down Way, Way Too Much Stuff

bloomberg.com

14 pointszdw7 comments

That’s fine, just garbage it all.

What a waste of resources. Instead of passing down generational wealth to their children, boomers are passing down useless junk that does not at all help their kids/grandkids become more financially stable in order to start families of their own. I can understand the distaste that Milenials/GenX/GenZ have for boomers.

In my locale/state/country/timeline, we have something called an "estate sale".

It's like a garage sale, but there are professionals who specialize in doing all the work for a cut of the proceeds, which is nice if you're drained after your parents pass away.

Here is a Wikipedia article on the topic:

https://en.wikipedia.org/wiki/Estate_sale

At least you can recoup 1/10th the value that your parents/grandparents wasted their money. Instead of getting 100k in inheritance to put a down payment on a house you can get 10k and pay of part of a car.

They'll die when the kids are 55, don't need the inheritance anyway. And it ends up being collections of worthless figurines from the 70s.

Their kids might not, but their grandkids/great-grandkids are struggling like hell in the curren housing/job/inflation markets.

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