Aspirational Australians in their 20s and 30s currently find themselves in a strange position. 

At a time in life where things, including finances, should be starting to fall into place, competing priorities and uncertainty have muddied the waters in new ways. 

Many in this age group will find themselves with bigger bank balances and close to reaching peak earnings potential, but bogged down by more responsibilities and more expenses, especially if children are in the picture.

As a demographic, they’re also in line to be the biggest beneficiaries of the $5.4 trillion “inheritocracy” – a result of Australia’s generational wealth gap – but that can’t be relied on as a wealth-building strategy for today.