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[quote=Anonymous]It's definitely easier for older people than it is for the Gen Xers and current generation. They are getting pensions -- now we get 401ks that we have to fund ourselves. They got fat paychecks -- the wages of most middle-class Americans have been in decline for years.  College, for them, cost ridiculously little, or was free with the GI Bill. Contrast that with now, when even daycare is $15K or more annually, and college tuition is $100K or more for 4 years.  Back then, families could live a decent middle-class existence on one paycheck. Nowadays, both parents have to work to meet the same living standard.

When I was growing up, my dad worked and my mom stayed home. My dad was in the army for 20 years then worked as a mid-level manager for 20 years. He bought his first house for $30K in a nice neighborhood with good schools. He sent 2 kids to private school and private colleges. My husband and I both have good jobs but we can't afford what my parents had and we never will (although we are good savers and live frugally). That's just how things are nowadays. [/quote]

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