The boomer thing is real. My mother is currently blowing through generational money because "she deserves it", and we wont need money because "You do very well".
My wife's parents are rich, and keep telling them "all this money is yours someday". While actually giving their 40 year old children $0 so far.
The expectation of leaving your children better off than you were died with boomers and was reborn with Gen X.
Its the shittiest generation