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Fortune
Fortune
Nick Lichtenberg

Millennials say they’ll refuse to care for aging boomer parents—but they’ll be forced to as their inheritance shrinks to 40 cents on the dollar

boom (Credit: Getty Images)

Online, millennials are declaring open revolt against their aging boomer parents. In actual households across America, they’re doing the caregiving anyway—unpaid, exhausted, and often broke.

A three-year-old Reddit thread from r/BoomersBeingFools went viral again this month, with millions relating to a poster who wrote: “Not an issue, we refuse to take care of you. Old folks home it will be.” The post was originally written in response to a Vox article warning millennials were unprepared for a coming eldercare crisis, and its resurgence this July coincided with the symbolic milestone of the first boomers turning 80.

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