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[quote=Anonymous][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]Yes things are tougher for the young people coming up and I worry about that all the time because - newsflash - I have a dd in her 20s and I'm worried about her future - in addition to the other young people I know who are starting out with even fewer advantages than my kid.  I resent being told that just because of my age that I'm selfish and don't give a damn about younger people.  In my view,we are all in this together and we need to make changes to help both the young people coming up and the elderly poor.

However, I do need to correct you on one thing. I'm 60 and I have a 401k, not a pension.  Lots of boomers did not get into the work world before pensions disappeared.  It's not just an issue for younger people.[/quote]

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