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Money and Finances
Reply to "Are you richer than your parents?"
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[quote=Anonymous]We are in some ways better off than parents, while worse in others. The main difference between us (Xers, with Boomer parents) is that they saw incredible appreciations in their real estate investments -- their purchases have quadrupled or more in value. They also have seen tremendous gains in equity investments since the 1980s as well. I don't think that our generation or generations after us will see this type of growth. The other main difference is how much money we have to set aside to educate our children. Our parents paid ~20k total per kid. We are setting aside ~300k per kid.[/quote]
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