Comparing one generation's circumstances to another sounds straightforward until you notice how many variables shift at once: average age at the time of comparison, the state of the wider economy, and what was actually being measured all change between decades, which makes a fair, like-for-like comparison harder to construct than it first appears.
A common error is comparing a generation at one life stage to another generation at a completely different one, judging young adults today against an older generation's circumstances in their forties, which flatters neither group and clarifies nothing. The fairer approach lines up the same age and life stage across both periods.
Even with matched stages, context still matters: two generations can face genuinely different starting conditions without either one being simply better or worse off. A careful comparison holds several of these variables steady at once, rather than letting a single striking difference stand in for the whole picture.