"Generation X prides itself on never being surprised, which has generally served us well. Keeping our expectations low and our cynicism-level high has allowed Gen X to remain agile throughout numerous economic and political upheavals. But what if the attitudes that protect us from life's difficulties are also holding us back from our goals? Specifically, many in Gen X may find that the cynicism we have proudly used as armor throughout our lives may be getting in the way of retirement."
"From applying to the Publisher's Clearinghouse sweepstakes to trying out for the school play, my parents cautioned me to keep my expectations reasonable-since neither a giant check nor the lead part were likely outcomes. There was an excellent reason why my parents (along with everyone else's) repeated this phrase over and over: the world is full of disappointments and it's painful to have sky-high hopes crushed by the weight of statistical reality."
Generation X tends to maintain low expectations and high cynicism, which fostered agility during economic and political upheavals. Many Gen Xers were taught not to get their hopes up, a lesson reinforced by parents who warned that high expectations often lead to disappointment. That caution helps identify unrealistic opportunities and avoid financial pitfalls. However, consistently aiming only for attainable goals can discourage risk-taking, limit career satisfaction, and constrain retirement savings. Prioritizing pragmatic contribution targets instead of stretching goals can delay retirement by years. Additionally, persistent refusal to hope can lead some to give up on higher ambitions.
Read at Fast Company
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