Employment advice to my fellow generation Y’s – start doing you. The baby boomers have been the most dominant generation. With said dominance, society has catered their every whim. They needed family transportation – minivans became prevalent. They needed to finance their retirements – RRSP’s became prevalent.
As children of the largest generation, we have had things easy because our interests have been the interests of the baby boomers. This unfortunately is no longer the case. As the boomers age, their incomes decrease and they begin to look for ways to settle in for the rest of their lives. That means that greater burdens will be placed upon our future societies to support these individuals that are contributing less.
In short, the future can seem very uncertain or limited. Don’t wait for that promised job occupied by the boomer. Don’t put off your personal goals to gain a lower salary in the present. Taxes will be higher and government services will decrease. The once lucrative monetary rewards of a dead end job will be less lucrative in the future as your income diminishes with excess tax to support the boomers.
Get out there. Enjoy today and leave nothing for tomorrow. Because you never know if you’ll be able to afford it by then.
You be the Judge.