My wife and I are in our mid 70’s. She worked until about two years ago. I worked until I was 62, and I took my CPA’s advice to retire and learn how to manage our IRAs.
We have managed our money and funded good education for our kids.
In spite of our ages, we both get job offers and enjoy our lives with zero financial help from anyone.
Our adult children are doing okay on their own.
>>>We have managed our money and funded good education for our kids.
In spite of our ages, we both get job offers and enjoy our lives with zero financial help from anyone.<<<
I’m Gen X. And to be blunt I’m tired of what you said being applied as if that holds true today. I remember what your generation was like when you were my age. And I can see how much harder it is for the young than when I was their age. This is not just an anecdotal musing from one guy.
Read this article for yourself. The part I want to point out is this in particular: Men with less education face an even bleaker picture; earnings for the median man with a high school diploma and no further schooling fell by 41 percent from 1970 to 2010.
So yes, some youth can be very successful today. However, I think the typical young person has a much harder time than my generation or your generation.
http://economix.blogs.nytimes.com/2012/10/22/the-uncomfortable-truth-about-american-wages/
These are ‘The Best Years Of Our Lives’
(Hat tip to William Wyler)