Changing fortunes

It is easy for each generation to believe the difficulties they face are the hardest. 

The Baby Boomers came of age in the 1970s in an era of instability with high interest rates, high living costs and low access to education. Generation X came of age in the 1990s and had to contend with high youth unemployment. The Millennials, who are reaching adulthood this century, struggle to get on to the property ladder and often have high student debts. As our data overleaf shows, in each era there have been unique challenges.

 

Infographic showing the unique challenges which each generation has faced. Click to expand image

This article first appeared in Rathbones Review Summer 2016

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