If time is a river

If time is a river

Although the speed of space travel is getting faster and faster , But the current technology of human beings cannot span time . If time is a river , Then people can only drift with the tide , therefore , Your starting point determines your destination .

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• If time is a river
• Annual ring
• The opportunity to
• Wealth

Annual ring

Foreigners are good at playing , They make a very fine distinction between age groups , such as

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Boomers, Gen X, Gen Y, Gen Z, and Gen A explained

Simply speaking , At present, the active population can be divided into the following age groups

The breakdown by age looks like this:

• Baby Boomers: Baby boomers were born between 1946 and 1964. They're currently between 57-75 years old (71.6 million in the U.S.)
• Gen X: Gen X was born between 1965 and 1979/80 and is currently between 41-56 years old (65.2 million people in the U.S.)
• Gen Y: Gen Y, or Millennials, were born between 1981 and 1994/6. They are currently between 25 and 40 years old (72.1 million in the U.S.)

  • Gen Y.1 = 25-29 years old (around 31 million people in the U.S.)
  • Gen Y.2 = 29-39 (around 42 million people in the U.S.)
• Gen Z: Gen Z is the newest generation, born between 1997 and 2012. They are currently between 9 and 24 years old (nearly 68 million in the U.S.)
• Gen A: Generation Alpha starts with children born in 2012 and will continue at least through 2025, maybe later (approximately 48 million people in the U.S.)
• The term “Millennial” has become the popular way to reference both segments of Gen Y (more on Y.1 and Y.2 below).

besides , There is also a vague noun , be called Silent Generation.silent It means they are not active in the information age . It is both a concept of time , Another geographical concept

• Time ：An often-used range, however, is  1928–1945. These years span from the beginning of the Great Depression to the end of World War II. People born during this time are also  sometimes called “Radio Babies” or “Traditionalists.”
• Geography ：The term “Silent Generation” mainly refers to people living in the United States, but in some other parts of the world, war and economic trouble led to similar characteristics and behaviors in people born during this time.

It can be summarized in the following table

Term	Atlas	Population (million)	Start (year)	Stop (year)
Silent	—	—	1928	1945
Boomer	—	71.6	1946	1964
Gen X	—	65.2	1965	1979
Gen Y	Millennials	72.1	1981	1994
Gen Y.1	Millennials	31	1981	1984
Gen Y.2	Millennials	42	1985	1994
Gen Z	—	68	1997	2012
Gen A	—	48	2012	—

The opportunity to

Some workplace statistics in the United States show ,Boomer This generation , Or directly called “ Baby boomers after World War II ” This generation , It has a dominant position in the labor market .

The Boomer Blockade: How One Generation Reshaped Work

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What did they say about that sentence ？ Yes, yes, yes , Namely 00 after “ rectify ” Workplace sentence .00 I didn't see how to rectify after , but Boomer But actually Reshape （ restore ） The labor market .

They get a larger proportion of job opportunities , The eye area in the middle of the figure below , It represents a process of ebb and flow .1980 Year to 2000 In this 20 Year , This generation has almost exclusively occupied a large number of job opportunities .

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In more detail , Their dominant situation , Never again . The dominant position here represents 1980,1990 and 2000 In this 3 Ten years , Their proportion is much higher than that of other age groups .

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Next , Take another look at the head , Look at the current S & P 500 Of CEO Their age distribution , It shows an unusual upward trend , It shows that the enterprise CEO I'm getting older , There is a feeling of growing together with the enterprise .

S&P 500 Companies List by Market Capitalization 2022

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Count their year of birth , Get the picture below . See that orange line ？ It is the dividing line between two generations . It's very dramatic . It seems to be a big enterprise ceo, You have to be born in that period .

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Is this phenomenon just business ？ Maybe not. . Because of the age of university presidents in academia , It seems to show a similar “ Keep pace with the times ” The trend of

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Wealth

although Boomer We are very active in the labor market , But have they accumulated a lot of wealth as a result ？ It may not be . Because at the same age , Their wealth ratio （Household Wealth Percentage） Far less than Silent What generation .

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Here is a concept of wealth ratio , It is numerically a proportional value , Its practical significance is the wealth position in economic life

Household wealth percentile is the dollar amount below which a given percentage of households fall. For example, the 90th percentile of household wealth is the value that 90 percent of households’ wealth is less than.

To put it another way , Is your property “ beat ” What percentage of Americans .

in other words ,Boomer Only by constantly striving can we ensure our success in the country 50% About wealth status . How can I say that ？ by the way , It's called getting rich through labor .

but silent The problem of this generation is , Their wealth shrinks rapidly with age . There is a smell of no country for old .

Of course , This picture also answers another question , Born in 1965 After years of Gen X Y Z People , Are they better off than the previous generation ？ Obviously not . Because they're 35 To 47 The wealth ratio between the ages is lower , Not more than 20%, Almost only boomer Half of the same age generation . How can I say that ？ by the way , Call the world ours , It's yours, too , But in the end .