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Reply to "The divide gets bigger as you get older..."
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[quote=Anonymous]I am an earlier millennial. Definitely lots of truth to all this. You can't be happy comparing yourself to others. There are so many factors, circumstances, choices, and good and bad luck. Kids are expensive. Big difference between 0, 1, 2, and 3 kids. When you start having kids is also a big choice. Staying home is an expensive choice and whole different ballgame unless you have one huge salary. Getting into real estate early and getting timing right with appreciation puts someone ahead. Some started with big student loans Some didn't Some get gifts, estates, trusts from family. Some have extended family financial and other obligations. Some have homes rhat cost tremendous repair bills. Some hire out a lot and others don't. Some jobs such as government have a defined benefit pension component. Yes the divide gets big plus you don't know someone's balance sheet except outward lifestyle.[/quote]
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