DaasYochid – The key word is “normal”. Who defines that? Certainly 50 years ago none of this was “normal”.
Vanguard was an example. I’m still earning 4% (and more) on Federal EE bonds, although I will grant you that 2% (or less) is more of the very recent norm (and everyone is looking to catch up, from life insurance companies to unions to the Federal Government). Alternatively, a shul can set up a fund so that they can leverage the larger amounts of cash flow.
Mammele – Why are all of these items an expectation of the couple, especially if their parents are struggling to put food on the table and a roof over their heads?!!!? That is (one of) the real question(s).
A jew who cares – Would they not be married if they make a wedding in their local shul, and bring in turkey sandwiches? Or a backyard wedding in the summer? Or the parents’ dining room? Why do we need to spend $50,000 (or even $5,000) on a five hour event that they can’t afford and have to beg others to pay for it?!!