acwiz Michigan
10/25/14 2:48 pm
Obama took my husband's pension, life and health insurance. Otherwise we would be fine. Delphisalariedretirees.org
But we still would not have as much as my parents. They tucked money away when interest rates were high.
shygal47 Florida east coast
10/24/14 12:58 pm
no - had to take early retirement in order to care for elderly parents. I will never be able to afford to travel as much as they did. I'm content with what I have, tho, because I earned what I have and I enjoy life.
TheLastAmerican fairfax
10/24/14 9:23 am
Nope, thanks to The democrats my student loans are triple what my parents were. Since I'm a white male I am not eligible for Half of the scholarships... But it's fine I'll win in the end because even with the affirmative action bullshit..
fahq2 Loving Life
10/24/14 7:39 am
Yes: today, my family makes more money than my parents did in real terms.
NO: we can't afford a home in Los Angeles, even with a gross pay > 200k/yr (...I'm not kidding)
jdw
10/24/14 3:11 am
Yes, but I've taken more risk than they ever would and it's paid off financially.
wythaneee
10/23/14 11:04 pm
Some ways yes, others, no. I earned much more than my parents ever did, have a higher standard living, have travelled extensively, etc. But their house (that cost $10 K in 1952) was paid off and mine (that cost $500 K) isn't. Everything is relative.
bethanyq Ess Eff
10/23/14 10:52 pm
Not really comparable. My parents had three young kids when they were my age. I think my dad technically still had some student debt from medical school (he was paying it off by working in rural Tennessee), so I guess a bit worse.
Toranius California
10/23/14 10:31 pm
Well my parents were low class citizens in Vietnam during the war so yes, I'd say I am as blessed as can be. And I never fail to remind myself each day to be grateful.
jenkp223 Being a mommy
10/23/14 10:26 pm
I'm 31 and my husband and I were recently pre-approved for a loan to buy our first home together. My parents are in their 50s and have never owned their own home. In their 30s, they were mostly sponging off of my grandparents. Nuff said.
RJ1969 SoCal
10/23/14 9:30 pm
This question is covers multiple generations. As far as I am concerned, heck yeah better. But it's different for people in their earlier years now compared to my generation.
j0p Pittsburgh
10/23/14 8:13 pm
Much better off though there were a couple good years that my step father had a decent job as a miner from his brother in law.
Then the layoffs came and he realized no one would pay that amount of money for unskilled labor.
He NEVER worked again
ThomasK
10/23/14 7:53 pm
I certainly am, but it's because they stressed education first and foremost and pushed me to succeed. I will be responsible for paying it back to care for them as they age.
dventola98 CMU
10/23/14 7:26 pm
My parents at my age had no money but they didn't have debt either. At 18 I am almost $6000 in debt and compared to my friends I'm lucky that's all I have one of my friends who is 18 is almost $60,000 in debt because of school
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