Every boomer I know owns a home and has significantly more liquidity than I do. Maybe your story is different, but to say they are unequivocally not in a class above anyone is false.
Perhaps you aren’t considering enough classes. There are more than 2.
I’ve spent my life watching boomers live in a manner FAR less frugal than what myself and my peers consider normal. I am in my 40s.
My grandparents had 3 children and a house and did a Hawaii trip every other year. My grandpa was a used car salesman that never stayed at one job more than a few years at a time and my grandma had part time jobs off and on.
We are not living in the same economic reality they did/are.
Every boomer I know owns a home and has significantly more liquidity than I do. Maybe your story is different, but to say they are unequivocally not in a class above anyone is false.
Perhaps you aren’t considering enough classes. There are more than 2.
It is a class pyramid.
Correct.
I’ve spent my life watching boomers live in a manner FAR less frugal than what myself and my peers consider normal. I am in my 40s.
My grandparents had 3 children and a house and did a Hawaii trip every other year. My grandpa was a used car salesman that never stayed at one job more than a few years at a time and my grandma had part time jobs off and on.
We are not living in the same economic reality they did/are.