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Have baby boomers rigged the system?

Making Money

CHAPTER

Generational Dynamics: Pensions, Responsibilities, and Mobility

This chapter explores the contrasting financial realities and retirement planning challenges among baby boomers, Generation X, and Millennials, particularly in the context of state pensions and economic stability. It discusses how different generations perceive personal success, the impact of the 2008 financial crisis, and the environmental responsibilities they inherit. The conversation highlights the diminishing safety nets and growing challenges in achieving upward mobility for younger generations, raising critical questions about responsibility and systemic issues.

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