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Will you be better off than your parents?

puffff

Platinum Member
Measure 'better off' however you want. Finances, relationships, career satisfaction, a combination of the above, or something else. Just be sure to state your criteria.

Obviously you cant predict the future, but based on the way your life is going right now and how the future projects.

 
maybe until i retire, my dad did quite well in stocks/401(k) etc and retired early

i earn more than he did, buy i am not much of a saver
 
I'll be healthier because of lifestyle and medical advances.
Other than that I just don't know
 
Won't take much to be better off financially than my parents

Mother = no college education
Father = been in jail for 12 years

I could make $30k a year and be better off than both of them combined.
 
I'm pretty damn sure that it will be impossible to be more successful than my dad, with the way things are turning out for "the kids, including me", it just isn't goanna happen..
 
I probably won't make more than them put together, but I'll make more than either one of them individually. They are also very fiscally responsible, so have quite a bit built up in retirement, investments, etc.
 
Not financially due to my mother's parents be very wealthy and supporting her. Education wise, yes as both my parents recieved undergrad degrees and I plan on going to grad school.
 
Originally posted by: JLGatsby
Not only that, I'm better off than most people's parents.


I can only imagine the fragile mind state of your poor parents. I didn't used to understand why people like Andrea Yeats or Susan Smith drowned their kids, but after meeting you I do.
 
Originally posted by: Heisenberg
I probably won't make more than them put together, but I'll make more than either one of them individually. They are also very fiscally responsible, so have quite a bit built up in retirement, investments, etc.

Responses so far have generally concentrated on the financial aspect of it. What about job satisfaction? Are you in a career you enjoy more than your parents? Do you think you and your future life partner will have a relationship as strong as your parents? Or do these things not matter?
 
As far as finances and career satisfaction, I'm sure I will. With my relationship I'd be happy to break even with them, my parents are still happily married.
My parents got their house and land incredibly cheap and did a lot of work making the house really nice, I don't think I'm motivated enough to do nearly as much remodeling as they did so I'll end up paying for my nice house.
I'll definitely have more career satisfaction than my dad though.
 
Originally posted by: Brackis
Not financially due to my mother's parents be very wealthy and supporting her. Education wise, yes as both my parents recieved undergrad degrees and I plan on going to grad school.


I see your edumication and grammarocity be better than yo parents's!

😕
 
Originally posted by: MisterJackson
I can only imagine the fragile mind state of your poor parents. I didn't used to understand why people like Andrea Yeats or Susan Smith drowned their kids, but after meeting you I do.

Actually I was a really good kid. Even as a toddler I was real quiet and too scared of everything in general to misbehave.
 
Originally posted by: MisterJackson
Originally posted by: Brackis
Not financially due to my mother's parents be very wealthy and supporting her. Education wise, yes as both my parents recieved undergrad degrees and I plan on going to grad school.


I see your edumication and grammarocity be better than yo parents's!

😕

typo, oh noes! quick reply has to be perfect$##$#QT
 
With the way my corporation is going and now that the divorce is done with I can build my off grid home and put money into property that I can retire on. My agenda isn't to become wealthy-it's to become self-sufficient.

I'll be better off in that respect than my parents.

Rogo
 
I make more than my parents do now, so probably. On the other hand they have a very nice house that they paid $200k for 20 years ago. I can't even get a crappy starter home for less than $300k. So in that sense we're much closer financially than our salaries indicate.
 
Originally posted by: puffff
What about job satisfaction? Are you in a career you enjoy more than your parents? Do you think you and your future life partner will have a relationship as strong as your parents? Or do these things not matter?

probably about the same. AFAIK my dad really liked his job. i like my career (overall, despite recent issues) about the same i think

marriage, about the same as my parents best i can tell. they have been married for 43 years, i have been married for 17 and don't see that changing
 
Not unless I move. The idea of an average joe buying a house on a single income went out of fashion here about 5 years ago.
 
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