A Meal for All Generations

A Meal For All Generations. Millennials, Gen Xers, and baby boomers are often portrayed as a trio constantly at economic odds with one another. But how much of this is actually true? There's no denying that these groups are different, but they may have more in common than you might think.Millenials: Born approximately between 1982 and 1996 (1). Driven, civic-minded, inclusive, ambitious (2). Historical Experiences: Columbine, 9/11, the Internet, the Great Recession. Motivations: Responsibility, self-care, experiences, financial well-being. Roughly 83 million millennials in the United States(3). The most diverse generation in U.S. history (4). Forty-five percent of millennials have a retirement account (5). Fun fact: Millennials read 5 books a year on average (6).Generation X: Born approximately between 1965 and 1980 (7). Flexible, casual, analytical, self-reliant. Historical Experiences: The AIDs epidemic, the Fall of the Berlin Wall, the Birth of MTV, the Dot-Com Boom. Motivations: socially conscious, work-life balance, personal growth, learning (8). Roughly 50 million Gen-Xers in the United States (9). Gen Xers make up the highest percentage of startup founders at 55% (10). Gen Xers will outnumber baby boomers by 2028 (11). Fun fact: Only 41 percent of Generation X considers themselves part of Generation X (12).Baby Boomers: Born between 1946 and 1964 (13). Hopeful, focused, hardworking, team-oriented. Historical Experiences: The Vietnam War, Civil Rights Movement, Watergate, The Space Race. Motivations: loyalty, duty, travel, family (14). Roughly 73 million baby boomers in the United States (15). Baby boomer purchasing power is a staggering $2.6 trillion (16). Baby boomers spend nearly $23 billion on their pets on average, per year (17). Fun fact: Baby boomers own nearly $13.5 trillion in personal real estate (18).Sources: 1. Forbes.com, May 1, 2019; 2. PurdueGlobal.edu, 2020; 3. Forbes.com, May 1, 2019; 4. Brookings.edu, May 10, 2019; 5. BusinessInsider.com, November 11, 2019; 6. MentalFloss.com, March 17, 2020; 7. Investopedia.com, June 25, 2019; 8. PurdueGlobal.edu, 2020; 9. Investopedia.com, June 25, 2019; 10. PurdueGlobal.edu, 2020; 11. PurdueGlobal.edu, 2020; 12. Berkeley Economic Review, April 22, 2019; 13. Census.gov, December 10, 2019; 14. PurdueGlobal.edu, 2020; 15. PurdueGlobal.edu, 2020; 16. MSN.com, September 11, 2019; 17. Berkeley Economic Review, April 22, 2019; 18. Berkeley Economic Review, April 22, 2019.


Related Content
The Richest Man in Babylon

The Richest Man in Babylon

In good times and bad, consistently saving a percentage of your income is a sound financial practice.
What Smart Investors Know

What Smart Investors Know

Savvy investors take the time to separate emotion from fact.
The Power of Compound Interest

The Power of Compound Interest

Learn how to harness the power of compound interest for your investments.
Should You Invest in Exchange Traded Funds?

Should You Invest in Exchange Traded Funds?

There are thousands of ETFs available. Should you invest in them?
Should You Ever Retire?

Should You Ever Retire?

A growing number of Americans are pushing back the age at which they plan to retire. Or deciding not to retire at all.
What to Do When You Lose Your Wallet

What to Do When You Lose Your Wallet

Ever lost your wallet? Frustrating. Here’s what you can do to keep yourself safe.
The Junk Drawer Approach to Investing

The Junk Drawer Approach to Investing

It’s easy to let investments accumulate like old receipts in a junk drawer.
Suddenly Single: 3 Steps to Take Now

Suddenly Single: 3 Steps to Take Now

Have you found yourself suddenly single? Here are 3 steps to take right now.
Global and International Funds

Global and International Funds

Investors seeking world investments can choose between global and international funds. What’s the difference?




By providing a telephone number and submitting the form, you consent to be contacted via SMS from Saxon Interests Inc. Message frequency may vary. Message & data rates may apply. Reply STOP to opt out of further messaging. Reply HELP for more information.

Contact us

What can we do for you?

Contact us to schedule a consultation and learn how our portfolio management services can help you reach your financial goals.

Tell us how we can help you today





By providing a telephone number and submitting the form, you consent to be contacted via SMS from Saxon Interests Inc. Message frequency may vary. Message & data rates may apply. Reply STOP to opt out of further messaging. Reply HELP for more information.