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The survey revealed that millennials, Gen X, and Gen Z all believe the “normal” retirement age is 67 to 68. Whether they’ll actually be able to retire at that age may be a different story ...
Millennials, also known as Generation Y or Gen Y, are the demographic cohort following Generation X and preceding Generation Z.Researchers and popular media use the early 1980s as starting birth years and the mid-1990s to early 2000s as ending birth years, with the generation typically being defined as people born from 1981 to 1996.
Gen Z was born between 1997 and 2012 and is considered the first generation to have largely grown up using the internet, modern technology and social media.
Millennials get the period from 1981 to 1996, another 15 year interval, then Generation Z is the term for those born 1997 to 2012, another 15-year “generation.”
Zillennials, or Zennials, is a social cohort encompassing people born on the cusp of, or during the latter years of the Millennial generation and the early years of Generation Z. [1] Their adjacency between the two generations and limited age set has led to their characterization as a "micro-generation".
From there, the midpoint birth year of each generation was used for comparison: 1955 for baby boomers, 1972 for Generation X, 1988 for millennials and 2004 for Generation Z.
Generation Z (or Gen Z for short), colloquially known as Zoomers, [1] [2] is the demographic cohort succeeding Millennials and preceding Generation Alpha. [3] Members of Generation Z, were born between the mid-to-late 1990s and the early 2010s, with the generation typically being defined as those born from 1997 to 2012.
With overall consumer expenditures 18.2% higher than millennials, Gen X spends 7.54% more of their income than millennials on vehicles and 10.6% more on tobacco.