r/SipsTea • • 21h ago

SMH The advice didn't age well.

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u/draconicmonkey 20h ago

I don’t understand the point of these posts - at this point we all understand that the economy has changed in the last 60+ years and even changed dramatically in 2000, 2008, and 2019 in rapid succession.

I’ve seen a lot of danger in belaboring these sorts of point, often sowing the seeds of hopelessness, generational dissent (which ultimately isn’t productive), and it never seems to come with a meaningful call to action or what better advice would be.

Which is concerning given the rising rates of depression, anxiety, and suicide attempts in younger generations vs previous.

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u/Euler007 17h ago

Also there's another step. They inherited roughly 64k from their parents, and they will pass down on average 900k-1.1M.