Xennials: A new generation is 'born'

Recently popularized as a term to describe people born between 1977 and 1983 (also the years that included the original Star Wars trilogy), Xennials find themselves sandwiched between the 'slacker' generation X'ers and the 'snowflake' millennials.

According to author Sarah Stankorb, who originally coined the term, “Between generation X and the millennials, there’s a group of people … who don’t identify with either label. We call them the xennials — a micro-generation that serves as a bridge between the disaffection of gen-X and the blithe optimism of millennials.”

This Xennial micro-generation is also unique in that they experienced an analogue childhood (think cassette tapes) and a digital adulthood (email and instant messaging services)

Clueless about whether you're a true Xennial? Notablelife  provides a few signs that you might be part of this micro-generation:

  • You loved Nirvana — but were too young to ever see them live or really get what they were saying
  • You made mix tapes on cassettes, and you owned a Walkman
  • Your seminal movies were Heathers, The Goonies, Jurassic Park, Clueless and Dazed and Confused

Now between 34 and 40 years of age, many Xennials find themselves at the point in their lives where financial obligations are mounting: from increasing daily and monthly expenses, to mortgage payments and childcare.

TD recently surveyed Xennials to find out how they're coping with these new financial realities and how they think they're doing when it comes to saving for retirement. As it turns out, 70 per cent feel overwhelmed juggling day-to-day financial obligations and saving for retirement.

You can read more about the survey findings here.