From housing to wages to stability – younger generations are facing a very different situation to their parents. Were the baby boomers just in the right place at the right time, or have they shaped the system in their favour? If you haven’t heard of Youtuber Tom Nicholas(@Tom_Nicholas), he makes videos on politics, history and culture. And he’s made a feature-length film called Boomers: The Rise of the Gerontocracy (https://go.nebula.tv/boomers?ref=tomnicholas). 👀 Get the free newsletter on sorting your pension we mention at the end https://makingmoney.email/pension-tom-nicholas 🤝 Improve your finances with our adviser service - book free consultation: https://makingmoney.email/financial-advisors-video 🎉Sponsors Vanta - Get your company secure and compliant, with $1k off: https://vanta.com/makingmoney Tide - Get 3.81% AER variable on your business savings. Use this link https://www.tide.co/offers/makingmoneyq1 or the code 'MAKINGMONEYQ1'. You'll also get £100 if you fund your account with £5,000 in the first 30 days. Ts&Cs apply. New members receive a 0.77% AER boost on the standard 3.04% until 01/06/25 after which the rate reverts to 3.04% with no interest on balances over £75,000. Rate correct as of 06/02/2025. Full terms: https://tide.co/terms/makingmoneyq1-tnc. - If you purchase a product or service using one of the links above, we may receive a commission. There will be no additional charge for you. Remember investments can fall and rise - and past performance is no guarantee of future results. Other fees may apply. Your money is at risk. This is not financial advice. The reason it’s not financial advice is because it’s not tailored to you. We explain the principles of building wealth but if you want personalised advice, it’s worth speaking to a financial advisor. As with everything financial, please do your own research. We really encourage that because no one cares more about your money than you and if you learn the basics then it will change your life. Chapters: 00:00 – Intro 00:38 – Why Generations Matter 07:54 – What Makes a Boomer? 14:46 – Is It Their Fault? 18:07 – Tide Ad 19:05 – Why the Rolling Stones Still Tour 24:11 – Who Has the Wealth? 29:39 – Was It All Good? 34:55 – Less Room for Error 39:54 – What About Gen X? 42:24 – Vanta Ad 43:17 – When It Started To Go Downhill 51:16 – Can We Still Move Up? 54:09 – What’s Actually Better Now? 01:02:41 – An Average Boomer Life 01:12:37 – Could It Have Been Different? 01:16:19 – Do You Want to Retire Well?