"...baby boomers continue to live the high-life by borrowing from their children's financial future." Spoken, perhaps, like a spoiled--or maybe disadvantaged--millennium. Sorry for you.  But neither I, nor my boomer wife, fit into your neat little equation.

Our cost of living runs about $3,500 mo.  But, And savings and mortgage-free home we live in are meant to live a nice inheritance for the three kids when we say our final adios. Lots of us out there, I suspect.

So, we are far from borrowing from our children's financial future.  In fact, given the investments these under 40s are making, chances are good THEY won't have to borrow much at all in the next 20 years or so.  You're welcome to do the same.