Part 4/9:
Howe notes an interesting trend in the maturation timelines of different generations. The age at which individuals in the U.S. reach key adult milestones—such as marriage, parenthood, and career establishment—has been steadily increasing over the past three decades. This delayed transition results in an extended youth phase and a general sense of stagnation among young adults.
With both Gen Xers and Millennials experiencing a realignment of responsibilities and societal expectations, the shift in outlook underscores a fundamental change in how these groups interact socially and economically. Gen X’s instinct for independence contrasts sharply with Millennial collectivism, which becomes more apparent when facing financial landscapes shaped by communal risks and rewards.