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https://www.wsj.com/personal-finance/millennials-vs-boomers-charts-e6f1971b
I know it’s non stop Boomers and Millenials but many GenX were ruined by the dot.com and housing busts and had the lost decade up to the GFC. Careers haven’t advanced because boomers WILL NOT LEAVE. |
| Yes. |
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Instead of pitting different generations against each other, you should realize that each generation is at the mercy of historical booms and busts, OP. It's not the fault of anyone in particular. I object to your narrow-minded characterization.
I am late gen X, born in 1980. |
| Nobody takes you seriously if you start criticizing groups based on when they were born. Don't be stupid and hateful. |
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What’s Gfc?
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| Speak for yourself. Gen X and out just fine. |
Global Financial Crisis? Great Recession 2009-2010? |
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GenX had so many opportunities to do well. I remember wondering why citizens let all those opportunities pass by.
They had the money. They worked really hard and played hard. I finally decided that they don't care, because their parents have money. I had no idea that they just didn't see what I saw as an immigrant. The dot.com and housing bubble were learning opportunities. Both were long time ago with plenty of time to recover. |
| the 2000-2010 period was a great time to invest. Bear markets are your friend. |
| Don’t be whiny. The generation thing is lame. Many of us are doing fine. I’m sorry things are tough. |
Amen |
| At my work, it’s GenX who are completely uninterested in taking over for boomers. When the boomers finally retired, we couldn’t even get GenX to apply for those jobs. So millennials stepped up en masse. They all just want to coast into retirement. |
The boomers are all 65 or older. The working boomers that I know are all working jobs because they need jobs to pay the bills. Most work parttime around 20-25 hours a week. One does factory work assembly, one is a bookkeeper for an engineer, one is a part time delivery driver for NAPA, some work as grocery baggers. If you want to work there are jobs out there. Boomers working part time jobs doing factory assembly, bookkeeping, and delivery driving and baggers are not holding you back. |
Forgot to mention....the boss of the old guy working as a driver for NAPA said any time he hires young guys in their 20's or 20's they don't stick around so now he tries to hire the old guys who want to work. |
First 7 years of GenX who could buy homes in the 90s and bought stocks in the early 90s are having the best life; later GenX entered job market in dot.com and tried to buy first homes in the heights of the housing bubble. |