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<blockquote data-quote="Graft" data-source="post: 1259119" data-attributes="member: 11507">As the son of borderline retarded boomers, this post strikes a nerve.&nbsp; Sometimes I think the generation is so narcissistic overall that they've never looked at any sort of statistics or charts which explain how dire the situation for us is.You need to make 200k as a 30 year old to be in the top 1% of earners for your age.&nbsp; Factoring in saving for a six figure downpayment on a home and paying off student loans, this income gives you a fairly middle class life in NY/SF/LA metro areas where a lot of these jobs are.If you want to crack an upper middle class existence in these cities you really need a husband and wife earning top dollar to make it.&nbsp; I find it hilarious when my parents make remarks to me about not being at their level with home purchasing and savings.Hopefully we get a massive correction in the stocks/real estate but the upper middle class millennials will most likely inherit their money, take huge risks in crypto/self employment, or have two ultrasuccessful corporate earners.</blockquote>

[QUOTE="Graft, post: 1259119, member: 11507"] As the son of borderline retarded boomers, this post strikes a nerve. Sometimes I think the generation is so narcissistic overall that they've never looked at any sort of statistics or charts which explain how dire the situation for us is. You need to make 200k as a 30 year old to be in the top 1% of earners for your age. Factoring in saving for a six figure downpayment on a home and paying off student loans, this income gives you a fairly middle class life in NY/SF/LA metro areas where a lot of these jobs are. If you want to crack an upper middle class existence in these cities you really need a husband and wife earning top dollar to make it. I find it hilarious when my parents make remarks to me about not being at their level with home purchasing and savings. Hopefully we get a massive correction in the stocks/real estate but the upper middle class millennials will most likely inherit their money, take huge risks in crypto/self employment, or have two ultrasuccessful corporate earners. [/QUOTE]

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