Given hard choices in life, how will you allocate your limited resources? You will be given 7 questions. Answer as realistically as you can — ie. based on your own lifestyle.
You will not be able to go backwards in the game. Don’t REFRESH (or you will restart the quiz). Just follow the questions to the end. You can replay this game as often as you like.
DESCRIPTION OF GENERATION X
You are a member of Generation X if you were born after the boomers — between 1960 to 1980.
You have less time analyzing your financial situation because you are busier than Baby Boomers or Millennials. You are tech-savvy and spend a lot of time on the internet. About 68% of Fortune 500 CEOs are Gen Xers. Sadly, many of you are not quite ready for retirement because you lived through tough investment periods such as the housing crash, the dotcom bubble and a volatile job market. You are experiencing the “sandwich syndrome” — you support your children’s education, and at the same time, struggle to provide care for your aging parents. You are planning to work way beyond your retirement age. Things may look bleak but there is hope — if you handle your money wisely.
Your GenX Peer: Leo and Amanda
This is how much they earn, spend and save.
(They are only representatives of the group. Work with their numbers to discover the principles behind each lesson.)
If you were Leo and Amanda, would you save a little more? You’ll be surprised how a little saving adjustment in their lifestyle can go a long long way.