[jmspring]

I am still forming my opinion on this as a Gen-Xer, but I hear a lot of people concerned about when millennials become the majority/the responsible ones and have a greater impact than the baby boomers on this country (the US). On the other side, I also hear people talk about how entitled and shallow the baby boom generation has been and the enormous burden this group will bring upon the social net (social security, etc) because they didn't plan (in general), don't have the savings to survive major health issues, etc.

I hate labels, but as someone from Gen-X, I've already got obligations supporting family, pretty much plan on making sure my immediate family is not dependent upon others, etc.

For saving up, moving to Europe isn't really an option (in another thread, someone indicated the huge difference in upper end engineering salaries between Europe and the US); however having an EU national spouse, we are definitely looking at retiring in Europe down the road.

It is going to be interesting to see how it plays out over time.