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re: Millennial and under baws: what’s the craziest boomer advice you’ve heard?
Posted on 2/4/26 at 4:50 pm to Penrod
Posted on 2/4/26 at 4:50 pm to Penrod
Issue with these calculators is it takes just straight inflation mixed but individual aspects cost so much more relative. I’d rather get the 1980 version of my salary at 1980 prices
Posted on 2/4/26 at 4:56 pm to Penrod
Tell the other part
You’ve shared it here before
You’ve shared it here before
Posted on 2/4/26 at 4:57 pm to Penrod
quote:
That is extremely atypical. I got my first job as an electrical engineer about 41 years ago. I was paid $26k. My son was an EE and got more than double that starting out. That was 30 years later.
26k, 41 years ago was equivalent to 78,000 dollars in today’s money. So your son doubled at 52,000 was essentially making 1/3rd less.
Posted on 2/4/26 at 4:59 pm to DCtiger1
quote:
My first job in DC paid 33k and I thought that was awesome until I actually moved to DC that was 2011
Damn… were you commuting from WV on that salary?
DC is not cheap to live.
Posted on 2/4/26 at 5:02 pm to tide06
Lived in Arlington on the orange line, had two roommates. Had to get creative with finding free receptions that had alcohol and food
Posted on 2/4/26 at 5:07 pm to fareplay
quote:
Issue with these calculators is it takes just straight inflation mixed but individual aspects cost so much more relative. I’d rather get the 1980 version of my salary at 1980 prices
Well, I found a source that shows my son’s starting salary, 30 years after mine and for the same job, is almost exactly the same. But your narrative is that people make less now. I’ve posted other charts from the government showing that’s not true; wages have kept up with the CPI. But you FEEL it’s not true. And hell, maybe it isn’t true; maybe the CPI is off (I don’t think so). But even if that is true it isn’t by much.
Posted on 2/4/26 at 5:08 pm to olemc999
quote:
26k, 41 years ago was equivalent to 78,000 dollars in today’s money. So your son doubled at 52,000 was essentially making 1/3rd less.
Wrong. I was surprised to find it was almost the same. His was about 58K.
My 26k in 1985 is almost identical to his $58k in 2015
Posted on 2/4/26 at 5:31 pm to Penrod
Depends on where you look.
Inflation calculator
ETA: I stand corrected. I did for 2026, not 2015.
Inflation calculator
ETA: I stand corrected. I did for 2026, not 2015.
This post was edited on 2/4/26 at 5:34 pm
Posted on 2/4/26 at 6:27 pm to Decisions
Having some money is VERY important, being ultra wealthy isn’t as important. Lots of happiness studies and research reflect this.
Posted on 2/5/26 at 9:16 am to r0cky1
quote:
Why not compare yourself to those born in 1900? Experience WW1/WW2/Great Depression.
Because the topic at hand is literally "Millenials - what's the craziest boomer advice you've heard?"
Posted on 2/5/26 at 10:09 am to RoyalAir
quote:
Because the topic at hand is literally "Millenials - what's the craziest boomer advice you've heard?"
Yeah and that’s short sighted and for soft arse people. We got it good
Posted on 2/5/26 at 10:16 am to r0cky1
quote:
Yeah and that’s short sighted and for softass people
It's also a topic for people who can read.
Posted on 2/5/26 at 10:16 am to RoyalAir
quote:
It's also a topic for people who can read.
Cry more dude
Posted on 2/5/26 at 10:19 am to r0cky1
I like you; you're consistent.
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