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If your grandparents achieved a middle-class life in 1950's America, they owned a home. That home is a form of intergenerational wealth. If they are still alive
by HWR_14 3y ago
If your grandparents achieved a middle-class life in 1950's America, they owned a home. That home is a form of intergenerational wealth. If they are still alive, your parents or you or another relative will likely get a windfall someday of probably six-figures.
Which means that windfall will at the least double the average retirement savings of a median millennial or GenX person.