Millennials are about to be crushed by all the junk their parents accumulated.
Every time Dale Sperling’s mother pops by for her weekly visit, she brings with her a possession she wants to pass on. To Sperling, the drop-offs make it feel as if her mom is “dumping her house into my house.” The most recent offload attempt was a collection of silver platters, which Sperling declined.
“Who has time to use silver? You have to actually polish it,” she told me. “I’m like, ‘Mom, I would really love to take it, but what am I going to do with it?’ So she’s dejected. She puts it back in her car.”
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Sperling’s conundrum is familiar to many people with parents facing down their golden years: After they’ve acquired things for decades, eventually, those things have to go. As the saying goes, you can’t take it with you. Many millennials, Gen Xers, and Gen Zers are now facing the question of what to do with their parents’ and grandparents’ possessions as their loved ones downsize or die. Some boomers are even still managing the process with their parents. The process can be arduous, overwhelming, and painful. It’s tough to look your mom in the eye and tell her that you don’t want her prized wedding china or that giant brown hutch she keeps it in. For that matter, nobody else wants it, either.
Much has been made of the impending “great wealth transfer” as baby boomers and the Silent Generation pass on a combined $84.4 trillion in wealth to younger generations. Getting less attention is the “great stuff transfer,” where everybody has to decipher what to do with the older generations’ things.
archived
Woof those are both true
My mom keeps investing in diamond jewelry. I’ve tried explaining to her that diamonds do not hold their value, but she won’t hear it.
My girlfriend’s wedding ring from her previous marriage with a 8900 appraisal would have fetched a mere 1200 dollars at the jewelry exchange. Her pile of old gold was worth way more.
I have a TV armoire from the late 90s that I thought I was finally going to get rid of. I had been using it to store brewing supplies but was downsizing. My son said he wanted it so it went to storage with most of his stuff. When I was moving all that stuff a year or two later, I wanted to hauled to the dump but wasn’t sure if he remembered. So now it’s at his place and doesn’t fit at all. So I think I’m going to cut it up and toss it.