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[quote=Anonymous]This is quite common among our non-White immigrant  community.  It is not unusual to see ACs living with their parents while working. Since parents are expected to pay for college and wedding cost of their children, the AC start saving money from their very first paycheck to provide a secure future for their own family.

Realistically, majority of young people are not making 100K in their first job and at a young age. In fact, majority of Americans will not cross 100K pay in their whole career.  That does not mean that they cannot become wealthy and be in a position to pay it forward to the future generation.

Most of these young people are making maximum contributions to all sorts of retirement vehicles. They are socking away money in brokerage accounts etc. They are also able to maintain a good standard of living by living at home. Since it does not cost all that much for parents to have one or two more mouths to feed when their AC live with them, no one expects AC to pay room and board.  Yes, many AC will help around the house, do errands, do groceries etc but they are not made to feel that they are living in their parents house.  Many ACs will treat it as their own house and they also entertain friends, throw parties etc in their parents house.   Most ACs in our circle will pay for their own clothes, commute, eating out, travel and entertainment.  They are however not paying for food, utilities and rent at their parents house.   
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