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The biggest long-term story in the US economy is the generational divide between Baby Boomers and millennials. The Boomers, born in the wake of World War II with birth dates spanning roughly 1946 ...
Millionaire boomers are planning on gifting less to coming generations than wealthy Americans in other age groups—and they'll only transfer a fraction during their lifetimes.. If millennials are ...
From there, the midpoint birth year of each generation was used for comparison: 1955 for baby boomers, 1972 for Generation X, 1988 for millennials and 2004 for Generation Z.
The generation gap, however, between the Baby Boomers and earlier generations is growing due to the Boomers population post-war. [clarification needed] There is a large demographic difference between the Baby Boomer generation and earlier generations, which are less racially and ethnically diverse than the Baby Boomers.
Millennials are struggling financially compared to boomers. Find out why, and what challenges are holding them back. Why Millennials Are Struggling Where Boomers Thrived
A cusper is a person born near the end of one generation and the beginning of another. People born in these circumstances tend to have a mix of characteristics common to their adjacent generations, but do not closely resemble those born in the middle of their adjacent generations, and thus these cusper groups can be considered micro generations.
Generation Jones is noted for coming of age after a huge swath of their older siblings in the earlier portion of the Baby Boomer population; thus, many note that there was a paucity of resources and privileges available to them that were seemingly abundant to older Boomers.
The "forgotten generation" has embraced smart savings strategies that anyone can emulate for their own success.