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If you look at it by generation, however, millennials are significantly worse off than Boomers: https://www.newamerica.org/millennials/reports/emerging-millenn

If you look at it by generation, however, millennials are significantly worse off than Boomers: https://www.newamerica.org/millennials/reports/emerging-millennial-wealth-gap/ https://www.newamerica.org/millennials/reports/emerging-mill... Millennials typically are worth twenty percent less than their parents at the same point in life. My parents owned a house, two cars, and had two babies at my age. My dad was a public water maintenance worker with no college degree and my mom was in nursing school. The only people I know right now with a house, two cars and two kids are both accountants.

war1025 6y ago
For reference, what age are you?
- cammikebrown 6y ago
  I’m 31.
  - war1025 6y ago
    I am also 31. I live in the Midwest. I have a house, two cars, and three kids. I'm a software engineer making good but not great money, and my wife stays home with the kids. I don't feel that this situation is uncommon around here. I make more than the majority of my friends individually, but we're probably on the lower side of the spectrum when it comes to household income, at least among my friend group. That said, I completely agree that it used to be much easier to get a good paying job with a high school diploma or less. I went to university. My dad graduated high school. His dad went to school through 8th grade. There has been a significant trend towards delaying adulthood. Part of that seems to also mean delaying the ability to earn a living wage and support a family.
    - mydongle 6y ago
      You're doing great and I think you should keep doing what you're doing. A non-insigificant number of young people like me are likely going to die at much earlier ages due to financial insecurity and all the problems that come with poverty. Depressed since you can't get a job. Then eventually not being able to afford a roof over your head due to increasing rent and cost of living. Suicide starts to become a serious consideration. No other options. Girls rightfully want guys who can give them financial security, so guys like me are doomed as genetic deadends due to not being born with the right conditions or with the luck to get ahead in life. Back then, they would've sent us to fight some rich fuck's war. Some of us might think that was preferable since they won't hire us to do anything else worthwhile for a living wage.
mywittyname 6y ago
Almost all Millenials are the children of GenXers. GenX was considered the first generation to be noticeably worse off than their parents.

war1025 6y ago

For reference, what age are you?

cammikebrown 6y ago
I’m 31.
- war1025 6y ago
  I am also 31. I live in the Midwest. I have a house, two cars, and three kids. I'm a software engineer making good but not great money, and my wife stays home with the kids. I don't feel that this situation is uncommon around here. I make more than the majority of my friends individually, but we're probably on the lower side of the spectrum when it comes to household income, at least among my friend group. That said, I completely agree that it used to be much easier to get a good paying job with a high school diploma or less. I went to university. My dad graduated high school. His dad went to school through 8th grade. There has been a significant trend towards delaying adulthood. Part of that seems to also mean delaying the ability to earn a living wage and support a family.
  - mydongle 6y ago
    You're doing great and I think you should keep doing what you're doing. A non-insigificant number of young people like me are likely going to die at much earlier ages due to financial insecurity and all the problems that come with poverty. Depressed since you can't get a job. Then eventually not being able to afford a roof over your head due to increasing rent and cost of living. Suicide starts to become a serious consideration. No other options. Girls rightfully want guys who can give them financial security, so guys like me are doomed as genetic deadends due to not being born with the right conditions or with the luck to get ahead in life. Back then, they would've sent us to fight some rich fuck's war. Some of us might think that was preferable since they won't hire us to do anything else worthwhile for a living wage.

mywittyname 6y ago

Almost all Millenials are the children of GenXers. GenX was considered the first generation to be noticeably worse off than their parents.