Gen Z Are Dipping Into Their Retirements, Skipping Meals and Selling Belongings
Posted4 months agoActive4 months ago
fortune.comOtherstory
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Financial StrugglesGenerational LabelsEconomic Inequality
Key topics
Financial Struggles
Generational Labels
Economic Inequality
The article reports that Gen Z is facing financial difficulties, with some dipping into retirement savings and selling belongings, sparking discussion on the validity of generational labels and the root causes of these struggles.
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Boomer is often disparaging and used to mean anyone over middle-aged (and usually encompassing the silent generation too).
As a GenX New Zealander, it's a pain trying to learn what age range the labels apply to.
The cutoff dates are annoying to learn, and pigeon hole people (poorly if you're at end of a range).
I really hate the labels.
I am a Xennial. I grew up in Western Germany. Are my life experiences the same as someone who grew up in Eastern Germany, experienced the fall of the Wall and all the economic and political disruptions afterwards in their formative years or by witnessing their family's experiences? My life didn't change, the country got a little bit bigger. Theirs in many measurable and unmeasurable ways. Are we the same generation?
And that was a peaceful revolution. Other countries weren't/aren't such lucky.
They're often unclear inside the US as well.
> Boomer is often disparaging and used to mean anyone over middle-aged
I learned this when a group of young engineers referred to me as a "boomer". I replied that my parents were boomers, not me. Their answer was "'boomer' doesn't really mean a particular generation, it just means 'old'".
Well-played, young snots, well-played.