is the comparison falls apart if the set of expenses you had to cover then vs. now is different.
In the 60's, if you worked for a large company you got a pension. Now, you contribute to a 401K- you might get some matching funds, but to be "on track" for any dignified sort of retirement is going to require a few grand a year at least in contributions.
In the 60's, your kid could actually work his way through college working jobs that were unskilled labor during the summer and maybe part time during the school year. Now, college costs as much as an unskilled laborer's yearly wage, or even the yearly wage of a low level professional. Out of pocket costs for education are way higher.
Healthcare costs...let's not even go there.
Income may theoretically be higher (again, all those stats on middle and lower class wage stagnation) but that income has to cover things that previously didn't come directly out of pocket.
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