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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
Posted by fareplay
Member since Nov 2012
6589 posts
Posted on 2/4/26 at 4:50 pm to
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 by Sun God
Member since Jul 2009
51947 posts
Posted on 2/4/26 at 4:56 pm to
Tell the other part

You’ve shared it here before
Posted by olemc999
At a blackjack table
Member since Oct 2010
15297 posts
Posted on 2/4/26 at 4:57 pm to
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 by tide06
Member since Oct 2011
23364 posts
Posted on 2/4/26 at 4:59 pm to
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 by DCtiger1
Member since Jul 2009
11788 posts
Posted on 2/4/26 at 5:02 pm to
Lived in Arlington on the orange line, had two roommates. Had to get creative with finding free receptions that had alcohol and food
Posted by Penrod
Member since Jan 2011
55573 posts
Posted on 2/4/26 at 5:07 pm to
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 by Penrod
Member since Jan 2011
55573 posts
Posted on 2/4/26 at 5:08 pm to
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 by olemc999
At a blackjack table
Member since Oct 2010
15297 posts
Posted on 2/4/26 at 5:31 pm to
Depends on where you look.

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 by Boomer Rick
Member since Apr 2021
371 posts
Posted on 2/4/26 at 6:27 pm to
Having some money is VERY important, being ultra wealthy isn’t as important. Lots of happiness studies and research reflect this.
Posted by RoyalAir
Detroit
Member since Dec 2012
7496 posts
Posted on 2/5/26 at 9:16 am to
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 by r0cky1
Member since Oct 2020
4921 posts
Posted on 2/5/26 at 10:09 am to
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 by RoyalAir
Detroit
Member since Dec 2012
7496 posts
Posted on 2/5/26 at 10:16 am to
quote:

Yeah and that’s short sighted and for softass people


It's also a topic for people who can read.
Posted by r0cky1
Member since Oct 2020
4921 posts
Posted on 2/5/26 at 10:16 am to
quote:

It's also a topic for people who can read.


Cry more dude
Posted by RoyalAir
Detroit
Member since Dec 2012
7496 posts
Posted on 2/5/26 at 10:19 am to
I like you; you're consistent.
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