An interesting point about inter generational economic comparisons.

[jon-nyc]

Megan’s just giving her example.

But when people had kids at 20-25, the kids saw the parents in earlier stages of their careers when they were still scraping by. Nowadays many have kids closer to the peak of their careers.

By the time my son was born, our luxury condo was paid off. Had we had him at 23 it would have been a very different experience for him in early childhood.

[Axtremus]

Yeap, sounds about right.

Another important factor that affect "childhood experience" and inter-generational wealth transfers later on ... number of siblings. Much fewer of them for kids these days.

[Mik]

I was 37 when my daughter was born, so she never experienced financial difficulties, unlike my ow childhood. I think it holds true.

[89th]

Same here, life at 25 vs 35…very different. Good perspective. My parents were on a MUCH tighter budget.