Per:
“Lots of things have changed. Accept it. Higher expectations is what increasing standards of living is all about.
Millennials are correct to expect better than previous generations. Remember we need young people more than they need us.”
BG, my response that you quoted relates to the comments above. My point was that if the majority of Millennials supposedly have increasing standards of living, it must be taking place in their minds, because it certainly doesn’t seem to be evident in real life where it matters most. Edit.
And to answer your other question, BG. I was working in the family real estate investment business as a teenager, before I went to college and then into aviation, so, yes, I was able to acquire the primary home and other properties in my 20’s. Granted, it was and is a family business, but I did all of the work, including, with my brothers, a complete remodel, with many more after that.
In addition, I think BG is and will do just fine in retirement. She has tons of friends and family, as well as great kids who are not far away, as many of us do. Don’t worry, we’ll all be great.