#generational-finance

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#middle-class #housing-affordability #cost-of-living #wage-stagnation #inheritance #wealth-transfer
fromInvestopedia
2 days ago

Can't Afford Kids, Marriage, or a Car? Welcome to the New Middle-Class Crunch

If starting a family, buying a house, or just thinking about purchasing a car feels impossible-you're definitely not alone. What used to define "middle class" feels further out of reach for Millennials and Gen Z than ever before. Rising costs, stagnant wages, and where you live all play huge roles in whether big life milestones feel doable-or merely like dreams. So has the middle class actually disappeared, or is it just morphing into something new?
US news
Business
from24/7 Wall St.
1 month ago

My recently divorced dad told me I will inherit $5M. Do I need to keep aggressively saving for retirement?

Only about 20% of Americans expect an inheritance, while $84 trillion will transfer across generations by 2045, including $16 trillion to charities.
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