Global Scans · Gen X · Weekly Summary

WHAT'S NEXT?: Over the next two decades, Gen Xers will begin taking over the leadership reins across all organizations. Gen Xers increasing incomes and savings will help them amass a net worth of $37 trillion in 2030.

• Africa will remain a Gen Z-driven continent over the next decade - a notable contrast to global markets, where Millennials and Gen X continue to dominate. Nairobi Wire
• By 2035, workplaces would most likely have five generations under one roof - Boomers, Gen X, Millennials, Gen Z, and Gen Alpha. Online Manipal
• An astounding $84 trillion of wealth transfer is projected over the next 20 years from current generations to Gen X, Millenials and Gen Z. Vault12
• The Great Wealth Transfer refers to the transfer of $84 trillion in assets from Baby Boomer parents to their Gen X, Millennial, and Gen Z children and grandchildren by 2045. Shortform Books
• As grandchildren of the Silent Generation and baby boomers, Gen Z will generally see smaller inheritances than Gen X and millennials and will gain $11 trillion. Investopedia
• About 41% of the Gen Z workforce plans to attend physical classes to learn new skills, a higher percentage than both Gen X and baby boomers. Fortune
• Gen Z workers almost universally believe they will face obstacles to retire (at 99%), followed by 91% of Gen X, and smaller portions of millennials and boomers. Fortune
• Over the next two decades there will be a major transfer of wealth - collectively, $84 trillion - from baby boomers to younger generations including their Gen X children. Investopedia
• Gen Z will spend 56% more on gift cards in 2023 than last year - much higher than the 19% rise for millennials, 25% rise for Gen X and 9% rise for Baby Boomers. Modern Retail
• By 2045, $72 tn of wealth will be passed from Baby Boomers and the older members of Gen X to Millennials. LocalGlobe Notes
• We are on the cusp of a huge generational transfer taking place, with an estimated $84 trillion projected to be passed down from older Americans to Millennial and Gen X heirs through 2045, with $16 trillion expected to be transferred within the next decade. Traders Magazine
• In America, $84 trillion of wealth is expected to be passed down from older Americans to millennial and Gen X heirs through 2045, with $16 trillion transferred by 2033. Forbes
• To be clear, Simulation IV does not assume a 9 percentage point increase in Coalition support among Boomers, Gen X and Millennials between 2022 and 2040. The Centre for Independent Studies
• Coalition support among Boomers, Gen X and Millennials is assumed to increase by 9 percentage points per election from 2025 to 2040. The Centre for Independent Studies
• 27% of millennials will spend more for luxury goods online in 2023, compared to 20% of Gen Z, 22% of Gen X, and 21% of Baby Boomers. www.retailcustomerexperience.com
• Due to ongoing demographic shifts in the U.S., an estimated $84 trillion coming from the top 1.5% will be transferred from older generations over to Gen X, Millennials, and Gen Zs of the world over the next two decades. Allspring Global Investments
• Consumer research from CLIA has revealed the surprising finding that Millennial cruisers are the most enthusiastic about taking another cruise, with 87% indicating they will take one in the next few years, followed by Gen X at 85%. Forbes
• As most baby boomers will have retired over the next decade, with the oldest Gen X not far behind, Australia's health and retirement system is inevitably coming in for a hard landing with demographic reality. Monash Lens
• Younger (Gen Z and millennial) business leaders said they are more likely than older (Gen X and baby boomer) business leaders to be more optimistic about the potential actions the Biden administration will do to help advance the adoption of AI in enterprise. TechRepublic
• In 2022, millennial consumers plan to spend $255 on Halloween, followed by Gen Z, Gen X and baby boomers. Retail Dive
• Russian Gazprom has insisted that Western sanctions are to blame for Nord Stream operating at reduced capacity - saying that one of the turbines required could not be transported back to Russia after maintenance in Canada. Politico

Last updated: 10 May 2025