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Boomers

24-year-olds are more likely to own homes than millennials and Gen X when they were that age

Thu, 01/18/2024 - 14:12

A family shopping for a home with a Realtor. — They might not care as much about the milestone, but most adult Gen Zers are out-pacing older generations in homeownership, according to Redfin.
Thomas Barwick/Getty Images

Real Estate, Homeownership, Homeowner, home, real-estate, gen-z, Millennials

It's getting harder than ever to become a self-made billionaire. But inheritances are still going strong.

Sun, 01/14/2024 - 05:26

Tech Insider : Economy, Economy

wealthy — Chris Jackson/Getty

economy, Markets, nepo-babies, Billionaires, Boomers, Wealth, wealth-transfer

Boomers aren't ready for retirement. Millennials and Gen Z are going to pay the price.

Wed, 01/10/2024 - 05:45

Tech Insider : Economy

A boomer floating on a tube/bomb in a pool — Boomers are the largest generation to enter retirement. The US economy isn't ready.
Alounthong Pornthip/Getty, Klaus Vedfelt/Getty, artpartner-images/Getty, Tyler Le/BI

economy, finance, Careers, Discourse, Healthcare, Boomers, Retirement

We're begging you — just use your generation's slang

Sat, 12/02/2023 - 07:02

A group of five retirees traveling together begins to take a selfie while riding in a van. — Morsa Images/Getty Images

culture, Media, gen-z, Boomers, Millennials, insider-news, silent-generation

Why millennials say they need $525,000 a year to be happy

Fri, 12/01/2023 - 06:00

Tech Insider : Economy, Politics, Economy

Woman window shopping — Millennials said they need to earn $525,000 a year to be happy in a recent survey.
Oscar Wong/GettyImages

economy, politics, economy, Millenials, Inflation, Salary, Wealth

Gen Z is forcing a workplace reckoning that should have happened years ago

Sun, 11/05/2023 - 05:17

United Auto Workers members walk the picket line in Wayne, Michigan — United Auto Workers members pushed the Detroit Three for better pay and a four-day workweek.
Paul Sancya/Associated Press

Careers, Careers, Analysis, gen-z, millennial, Boomers, four-day-workweek

It's a great time to be a boomer

Thu, 11/02/2023 - 05:57

Tech Insider : Economy, Economy

Baby Boomer — Boomers are thriving financially.
Tim Robberts / Getty Images

economy, finance, economy, Boomers, boomer, ok-boomer, millennial

Boomers are dominating the economy and benefiting from historic rate hikes. BofA explains which stock trades to make as millennials struggle.

Sat, 10/28/2023 - 14:03

Six retired people are in a swimming pool with their arms over their heads. They each have a pool noodle in front of them. — Residents of the John Knox Village Continuing Care Retirement Community participate in a water aerobics class on October 15, 2021 in Pompano Beach, Florida.
Joe Raedle/Getty Images

Markets, mi-exclusive, Boomers, Millennials, Housing, travels, Luxury

Millennials and Gen Z are banking on an inheritance from their boomer parents. That's a big mistake.

Wed, 10/18/2023 - 05:45

Tech Insider : Economy

A dollar cake is being cut up by old and wealthy people. — Boomers are rolling in financial assets. But they are probably going to spend all their savings before they can pass anything down to their children.
Chelsea Jia Feng/Insider

economy, finance, Healthcare, Discourse, Strategy, Retirement, Boomers

You may hate high interest rates and home prices, but many boomers have reason to celebrate

Sat, 09/23/2023 - 06:32

Tech Insider : Economy, Economy

boomers interest rates housing — Fed Chair Jerome Powell's war against inflation could be helping prop up many older Americans' wallets.
(Left) Reuters, (Right) Getty Images

economy, economy, Markets, gen-z, Investing, Housing, interest-rates

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