Updates
Later, 9:55 p.m. CT this is quite coincidental. Less than an hour posting the original note below, this popped up in my twitter feed:
Original Post
Before we post the links, seniors:
- first generation to inherit money from their parents
- to date, the greatest transfer of generational wealth
- housing, rear-view mirror
- high cost durables: rear-view mirror
- automobiles: rear-view mirror
- family (supporting children): rear-view mirror
- food: expenses way down
- college: paid
- healthcare: almost free (Medicare)
- contributions to IRAs: rear-view mirror
- retirement: social security, pensions, IRAs
Now the links and comments. Earlier this year, Gallup had Generation Z ending in 2004; now wiki suggests it is 2012.
Necessary salaries as seen by the different generations, link here:
Wiki, definitions: note -- Generation Z has changed, now "ends" in 2012.
From the blog, December 7, 2018:
April 16, 2022: how Gallup "defines" the generations:
- generation Z (born 1997 - 2004): 18 - 25 years old
- millennials (born 1981 - 1996): 26 - 41 years old
- generation X (born 1965 - 1980): 42 - 57 years old
- baby boomers (born 1946 - 1964): 58 - 76 years old
- traditionalists (born before 1946): over 76 years old
March 2, 2019: two "wings" of Millennials -- generation Y (1981 - 1991) and generation Z (1991 - 2001). Broad definition of "millennials": those reaching adulthood in the early 21st century. That's a very, very wide range. That would almost include some 30-ish year-old parents with teenage millennials -- in other words, millennials raising millennials.
Comment:
- is it safe to say that early Gen Xers have more in common with their parents (Baby Boomers) and "dread" being mis-identified as a "millennial."
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