Diamonds are for…others?

Posted On March 6, 2017

They love me, they love me not. Can a generation that values new experiences and social awareness be counted upon to continue a tradition of extravagance in the name of love? That may depend on which report you pluck from the internet, but with a bottom line uniquely tied to a demographic that’s of the […]

Categories: Generation Y / Millennials, Generations

Fewer Family Businesses to be Passed to Next Generation

Posted On January 31, 2017

I’ve written in this space before about the need for succession planning. The long-term viability of your business may depend on it – particularly for family-owned business that want to maintain family control. But PwC’s annual family business survey found a decreasing number of owners who planned to keep their businesses in the family. Of […]

Categories: Baby Boomers, Entrepreneurship, Generation X, Succession Planning, Work

Boomer’s Influence on Politics Coming to an End? And Will the Younger Gens go the Other Way?

Posted On November 2, 2016

Millennials have made their voices heard in this year’s contentious presidential election, mostly through the vociferous support for Democratic primary candidate Bernie Sanders – a phenomenon I explored in a blog back in May. After Sanders fell in the primary to Hillary Clinton, their level of support for the Democratic nominee may play a role […]

Categories: Baby Boomers, Generation X, Generation Y / Millennials, Voting Behavior

How Long Does Your Generation Shop for Homes?

Posted On October 11, 2016

(Special Blog today comes courtesy of Zillow who researches generational trends on their users and homebuyers across the market place.) By Jennifer Riner Every generation offers specific trends, habits and lifestyles that sets them apart from their predecessors. Much like Generation X differs from their Baby Boomer elders, Generation Y thinks outside of the box […]

Categories: Financial Services, Generations, Real Estate

Retirement With Gobs of Debt – A Boomer Dilemma

Posted On October 4, 2016

How much debt are you carrying? Most of us have some credit card debt. Many of us also have mortgages or student loans. Some of us are also carrying debt from home equity loans or lines of credit. As we get older, the volume of debt we’re carrying becomes an exponentially greater threat to our […]

Categories: Baby Boomers, Home Ownership, Retirement

Brexit to the Millennials – Uppercut to the Jaw

Posted On July 26, 2016

When Great Britain voted to leave the European Union last month, an issue known globally by the mashup term Brexit, generational politics and preferences played a huge role in the result. Younger people voted overwhelmingly to stay in the EU, while older voters largely opted out. According to polling cited by Time, less than 20 […]

Categories: Generation Y / Millennials, Generations, Wealth

Boomers delaying retirement? Not wanted. Needed.

Posted On May 24, 2016

Retirement? What’s that? Though there is some disagreement as to the degree of this phenomenon, it appears that Baby Boomers are typically working longer than their forebears and retiring later in life. TheStreet.com cited a Northwestern Mutual study that found our typical target retirement age is now 68. A Wall Street Journal examination of the […]

Categories: Baby Boomers, Retirement

Succession Planning – The Time is Now

Posted On May 17, 2016

The Great Recession of the late 2000s wreaked havoc on most of our plans in some way. Plans to buy or sell a house, plans to fund a college education, plans to move up in our careers to a better job – all had to be postponed, downsized, or even abandoned until the economy started […]

Categories: Baby Boomers, Retirement, Succession Planning, Workplace

Boomers as Workplace Loyalty Role Models? Hardly.

Posted On April 27, 2016

If you’re an employer you might worry about retaining workers, and the difficulties that high job turnover presents to your bottom line – such as the costs of finding and training new workers. Millennials, in particular, can’t hold down a steady job because they don’t know how to, and/or they don’t want to, or so […]

Categories: Baby Boomers, Generation Y / Millennials, Work, Workplace

Japan – Going Out of Business…

Posted On March 4, 2016

Note from Cam: Gerald Bierling is an invaluable resource to my work. He is a statistics and demographics professor at McMaster University in Hamilton, Ontario and gathers most of our research for us. I sent him the link to the BBC article and asked him if he would draw some conclusions in a blog which […]

Categories: Generations, Workplace

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