Monday, May 08, 2017

Generation X simply does not exist.

Boomerang Kids": Adult Millennials Returning Home Is Crushing Baby Boomer Budgets.

I can always tell who is NOT a Gen X'er. And it's people who write these articles. I think almost no Gen X'ers went into media because I read these articles at least once a week. The average age of a "Baby Boomer" is 53- 71 years old. The average age of a Millennial is 18- 34 years of age. Baby Boomers are the grandparents of Millinials.

I can assure you - most Baby Boomers were not having children well into their 40's. This is a relatively new phenomenon. People understand how a woman's reproductive system works. Right?

Gen X'ers are barely a side note in history if we are written about at all. Yet we are wedged in between the greediest generation, and the laziest. Both of them sucking up all the oxygen and money in the room.

"We've noted several times in recent months that, despite the 'economic recovery', a record number of young 'adults' are moving back home with mom and dad after college and staying there well into their 30's.

Now, as confirmed by a recent study conducted by Fidelity and the Stanford Center on Longevity, the added stress of caring for all those 'adult' children is putting a severe emotional and financial strain on Baby Boomers with over 75% saying their adult children are cutting into their budgets and over 50% saying they're generally less happy about life."

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