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[quote=Anonymous][quote=Anonymous]I'm a lawyer and I'm not better off than my parents, if that helps. They came from poor backgrounds and never went to college, but luck and a strong economy during their main earning years means they had more earning power at my age and have enjoyed huge real estate gains. Mom also has a great pension, the likes of which is no longer available.

It's really common for Gen X and younger to have less buying power and financial stability compared to the Boomers. I don't think your being a doctor or a lawyer would necessarily have changed that.  But even if it would have, it's inappropriate to blame your parents for your choices.[/quote]

Pretty much this. My parents also live in a lower cost of living area and have their entire lives. They also had significant assistance in the way of childcare from family when we were young and my mother taught school so never needed coverage for summer or school breaks or anything.  Their parents left them nothing monetarily, whereas they may leave us a decent amount depending on their care needs, of course. My mother has an extremely generous state pension. They also paid off their house after 14 years of owning it, so haven’t had a mortgage in nearly 30 years. Of course, their house cost $62,000...even adjusting for inflation we could never buy a comparable house in this area for that price.[/quote]

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