[hinckley buzzard]

Really. The millenial generation is larded with entitled, improvident children, but I wonder how many boomers had $1000 in savings at 18 to 34.

[Catmom]

I had $1000 to my name in 1976. I was 22.

Corrected for inflation that would be close to $4000 now.

[seowulf]

...I wonder how many boomers had $1000 in savings at 18 to 34.

Personally for this tail end boomer, I had $1000 by the time I was 10 years old and had about $5000 saved for college by the time I was 18.

I worked summers during college and lived at home. College cost me $8000 for four years and I worked summers, so at 23 I had $0 savings with no debt ($0 net worth put me ahead of most at that point).

I got a job and within 3 months had at least $1000 in savings.

I was lucky enough to have parents that knew what money was worth and what it costs, and taught me.

[XEHRpa]

I had my first house paid off by age 34. It was a modest rancher.

[miss marmelstein]

I didn’t. It was a recession in 74 when I had my first job at 17. I was paid $110 dollars a week and worked very hard. I had to pay for commutation and clothes although I had a bedroom in my parents’ house. The only entertainment was a trip to the movies. These kids are all unemployed with huge school debts. And it’s STILL a lousy economy!