Reply to Generational wealth. What's behind the obsession?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Have you guys seen the current fertility rate and it's trend lol? Many of you will be lucky if your kids have kids. Many don't want to.[/quote]

Estimates indicate a 12-percentage point drop in the number of 18-year-olds entering college from 2025 to 2030.

Let that sink in.

I believe in Japan more adult diapers are sold than baby diapers.

By 2050 births will probably come to a halt in the US.

Yes people should absolutely build generational wealth, but do keep in mind that YOU are probably not even going to have grandchildren.[/quote]

In the years to come a lot of this wealth will end up with charities. Marriage is on the decline. Please don't tell me about all the folks in your family getting married every weekend lol. You stats 101 so you understand data, outliers etc

College grads still earn more than non college grads. Less and less men are avoiding college while more and more women are going to college. It's as if we are telling women go to college and men go to do something else I don't know the reasons. I see it with my own kids. My daughter doesn't even think about all options outside of college for her it's one way college. My son talks about various routes.

And women tend to marry men who make as much or more than men. There is a reason more and more women in their 30s are single. It's not that they don't want to get married or having kids. The reason is simple. There are not enough men to choose from. The ones available make less are underemployed etc. the ones that make more are also the ones in high demand. As a result more and more women in prime fertility years are not married. This is why the fertility rate is declining.

This is why I think a lot of this generational wealth will end up with charities etc. [/quote]

The charities will spend the money on supporting families where parents are not concerned about bringing kids into poverty or financial insecurity.  In other words, we are moving towards paying people to have and raise kids. People will have kids because this will be a paid job and mostly all they would be able to do.[/quote]

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