Quote:
Originally Posted by John Mercier
I think those will be gone also.
The younger generation is going to have a housing and basic needs shortage, and most are just barely beginning to perceive what a cut in SS benefits and a large increase in Medicare premiums is going to look like.
Other than the basics, they are going to have to save from an early age a lot more than past generations.
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They are going to be left generational wealth from their parents. I doubt very much that all these things will be gone!
Maybe if we have a deep recession, it could slow things down for a few years.