My husband, siblings (all female), and I range in age from 36 to 49. I would say that we haven't had the employment stability enjoyed by previous generations, but we have been able to claw our way to financial stability through living below our means and one spouse supporting the other during a period of growth or education. However, even my parents did not enjoy employment stability, so not every Boomer can attest to that, to be sure. I think you have to be very tactical these days, and the landscape is ever-evolving! I feel like the ability of parents to both earn a living can be critical to family financial stability. It certainly comes with higher costs in terms of child care, transportation, and other items, all of which drive up the cost of living for everyone! My husband and I have always tried to live below our means and save for the future (and emergencies), albiet not always successfully. Our chosen location, vehicles, and housing--while perfectly fine!--have never been gold plated. If they had been we would have definitely struggled more than we have.
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My husband, siblings (all female), and I range in age from 36 to 49. I would say that we haven't had the employment stability enjoyed by previous generations, but we have been able to claw our way to financial stability through living below our means and one spouse supporting the other during a period of growth or education. However, even my parents did not enjoy employment stability, so not every Boomer can attest to that, to be sure. I think you have to be very tactical these days, and the landscape is ever-evolving! I feel like the ability of parents to both earn a living can be critical to family financial stability. It certainly comes with higher costs in terms of child care, transportation, and other items, all of which drive up the cost of living for everyone! My husband and I have always tried to live below our means and save for the future (and emergencies), albiet not always successfully. Our chosen location, vehicles, and housing--while perfectly fine!--have never been gold plated. If they had been we would have definitely struggled more than we have.
Post: An 80 year old reflects. Are things that much harder today than when he was building a life, marriage and career? RDQ
Link to comment from March 14, 2025
This is nice! While like many programs it cannot factor in every nuance of each situation, it is a great way to see if, generally, you are on track.
Post: Two-Minute Checkup
Link to comment from October 30, 2022