this post was submitted on 22 May 2024
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Gen X lost a lot in 2007-2008. Many lost everything!
Most millennials hadn't yet entered the job market.
I don't see the relevance of this
Worse job market to enter than to re-enter with experience.
Folks with degrees unable to start careers until 2, 3, 4 years after earning a degree. Debt.
It's pretty straightforward.
LOL - you are comparing who you think is better off? ha ha! Sure man - you win. I wouldn't want to be a Gen Z too!
But you can't say that Gen X already is wealthy or that they are better off just because they had a head start.
No, I mean they're retirement holdings are similar to boomers and dwarf gen Z and millennials, even when controlled for age.
It's not even close.
Gen X is literally fine. If you're gen x, and not, that's on you. Your cohort is fine.