Reality: Millennials are more willing to defer to authority than either baby boomers or Gen Xers.
The study, A Post-Crisis Assessment of Retirement Income Adequacy for Baby Boomer and Gen Xers, is available here.
While Millennials feel Occupy Wall Street is a success, Gen Xers and Baby Boomers consider it a failure.
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If the Gen Xers are smart, they will view this inevitable demographic event as the enormous business opportunity it is.
These mega wealthy professionals, along with most Gen Xers and Boomers, see work as an essential part of their lives.
Many Gen Xers are actually financially worse off than when they graduated college, something that was almost unheard of in previous generations.
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Reality: Millennials and Gen Xers agree at about the same level that the demands of their work interfere with their personal lives.
Without enough Gen Xers to fill the roles of retiring boomers, the odds that ambitious millennials will one day reach the C-suite double.
Gallagher, who is also an executive coach, says Gen Xers and Yers don't think any barriers prevent them from getting to the top.
According to Stephen Xavier, career coach and chief of Cornerstone Executive Development Group, baby boomers number 76 million and Gen Xers count just 41 million.
The Gen Xers, now in their 20s and 30s, have always felt stymied by the enormous mass of boomers blocking their way up the ladder.
Remember that Gen Xers still have the luxury of time, so the good news is making a series of small changes over time can achieve results.
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Chalk part of it up to a slowly but steadily improving economy, the rest to a number of acts that cater to cash-waving baby boomers and older Gen Xers.
From millennials to Gen Xers to boomers, men to women, returning veterans to disabled employees -- having flextime and telework can make a huge difference in people's lives as they juggle work and life.
There are 3 main causes I believe that have occurred in the last 10-20 years that is causing Generation Y to have a lower income starting out and subsequently throughout are careers than say the Boomers or even Gen Xers.
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While most Millennials were too young to own stocks or real estate during those market crashes and Baby Boomers enjoyed decades of growth in both assets throughout the 80s and 90s, many Gen Xers had the misfortune of starting their investing just as both markets were peaking.
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For most Gen Xers however, this trend has been temporarily reversed, where their finances have likely gotten worse over the last 10 years due to the mortgage crisis, a stock market that has shown no growth, companies terminating pensions and passing on more health care costs to employees, job losses, furloughs, and pay cuts, not to mention increasing costs of college tuition for their children.
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When Gen-Xers or Gen-Yers reach their prime, they may be nostalgic for the favorite entertainers of their youth.
What about all those media stories of shattered Gen-Xers giving up on their dreams of entrepreneurship?
Smart marketing, however, has turned it into a cultural brand, almost a lifestyle brand for many Gen-Xers.
This can lead to ongoing communication problems, especially with more gen-Xers and millennials starting to move into positions of responsibility.
The first was shared experience: We talked to hundreds of women--Millennials, Gen-Xers, Baby Boomers--across the country and listened to their stories.
He said that the bank has seen a high level of comfort with using the Internet for investing, especially among Millennials, Gen-xers and to a lesser extent among baby boomers.
Yes, the younger generation has joined the aging boomers riddled with nostalgia, Gen-Xers like myself, and audiophiles who wax poetic about the warmer, richer sound of music recorded on vinyl.
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