Unlike most millennials, Norway's are rich

Re:Unlike most millennials, Norway's are rich by mockingbirdy on Saturday July 14, 2018 @10:08AM (#17530406)

> the rich are getting richer and the "poor", including the middle class, are getting poorer as a direct consequence.

This is correct. That's the reason we have to close the loop holes that make it possible that high-net-worth individuals evade taxes.

Unfortunately, kids are very expensive, some say you have to budget €250k for each kid in total (until they start earning their own money). Most people make approx. €1.25 million in their lifetime, so this is a pretty big part of their lifetime spending (retirement needs another €200-300k). I agree that it's not easy.

I hope that we will be able to solve this problem. Good luck!

edit: removed financial advice.

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Re:Unlike most millennials, Norway's are rich by mockingbirdy on Monday July 16, 2018 @07:31AM (#17540418)

Would love to know why this gets downvotes. I'm merely reiterating studies on lifetime income and children expenses. Would love to know if I'm relying on wrong data (although the studies are pretty clear about lifetime income).

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