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CSRS-FERS Retirement Program™ ©2008 Wealth Design Group All rights reserved. Get Wise-Get Wealthy TM Get Wise – Get Wealthy Inter-generational Diversity Presented to: Federally Employed Women DFC Chapter November 19, 2008 By: Ann Vanderslice
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CSRS-FERS Retirement Program™ ©2008 Wealth Design Group All rights reserved. Get Wise-Get Wealthy TM Elvis joins the Army. Jimi Hendrix dies.
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CSRS-FERS Retirement Program™ ©2008 Wealth Design Group All rights reserved. Get Wise-Get Wealthy TM MTV debuts. Kurt Cobain dies.
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CSRS-FERS Retirement Program™ ©2008 Wealth Design Group All rights reserved. Get Wise-Get Wealthy TM People resemble their times more than they resemble their parents. ~ Arab Proverb
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CSRS-FERS Retirement Program™ ©2008 Wealth Design Group All rights reserved. Get Wise-Get Wealthy TM The Greatest Generation Born between 1925 and 1945 AKA – The Silent Generation -- The Postwar Generation -- The Depression Generation Leaders – No US Presidents -- Many major civil rights leaders -- Many women’s rights leaders
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CSRS-FERS Retirement Program™ ©2008 Wealth Design Group All rights reserved. Get Wise-Get Wealthy TM
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CSRS-FERS Retirement Program™ ©2008 Wealth Design Group All rights reserved. Get Wise-Get Wealthy TM The Baby Boomer Generation Born between 1946 and 1964 Leaders – Bill Clinton and George W. Bush
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CSRS-FERS Retirement Program™ ©2008 Wealth Design Group All rights reserved. Get Wise-Get Wealthy TM Generation X Born between 1964 and 1979 AKA – MTV Generation -- 13 th Generation -- Baby Busters Leaders – President-elect Barack Obama Influences - Bill Gates Steve Jobs Andy Bechtolsheim
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CSRS-FERS Retirement Program™ ©2008 Wealth Design Group All rights reserved. Get Wise-Get Wealthy TM
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CSRS-FERS Retirement Program™ ©2008 Wealth Design Group All rights reserved. Get Wise-Get Wealthy TM The Millennial Generation Born between 1980 and 1998 AKA – Gen Y -- Echo Boom
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CSRS-FERS Retirement Program™ ©2008 Wealth Design Group All rights reserved. Get Wise-Get Wealthy TM
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CSRS-FERS Retirement Program™ ©2008 Wealth Design Group All rights reserved. Get Wise-Get Wealthy TM The Millennial Generation Born between 1980 and 1998 AKA – Gen Y -- Echo Boom
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CSRS-FERS Retirement Program™ ©2008 Wealth Design Group All rights reserved. Get Wise-Get Wealthy TM The Millennial Generation
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CSRS-FERS Retirement Program™ ©2008 Wealth Design Group All rights reserved. Get Wise-Get Wealthy TM Netting the Net Generation BusinessWeek Generation Y for Dummies eWeek.com The “Millennials” Are Coming CBS News Generation Y : They’ve arrived at work with a new attitude USA Today Attracting the Twentysomething Worker Fortune ‘Generation Me’ Enters the Work Force ABC News Motivating the “What’s in It for Me?” Workforce AllBusiness.com What Gen Y Really Wants Time Magazine The Bottom Line on Next Gen Workers BusinessWeek
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CSRS-FERS Retirement Program™ ©2008 Wealth Design Group All rights reserved. Get Wise-Get Wealthy TM The Millennial Generation Born between 1980 and 1998 AKA – Gen Y -- Echo Boom Influences – Heroes – Police, Firefighters -- MySpace -- YouTube -- Facebook
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CSRS-FERS Retirement Program™ ©2008 Wealth Design Group All rights reserved. Get Wise-Get Wealthy TM
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CSRS-FERS Retirement Program™ ©2008 Wealth Design Group All rights reserved. Get Wise-Get Wealthy TM
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CSRS-FERS Retirement Program™ ©2008 Wealth Design Group All rights reserved. Get Wise-Get Wealthy TM
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CSRS-FERS Retirement Program™ ©2008 Wealth Design Group All rights reserved. Get Wise-Get Wealthy TM
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CSRS-FERS Retirement Program™ ©2008 Wealth Design Group All rights reserved. Get Wise-Get Wealthy TM Life Stages of Neural Pathways
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CSRS-FERS Retirement Program™ ©2008 Wealth Design Group All rights reserved. Get Wise-Get Wealthy TM Aoccdrnig to rscheearch at Cmabrigde Uinervtisy, it deosn't mttaer in waht oredr the ltteers in a wrod are, the olny iprmoetnt tihng is taht the frist and lsat ltteer be at the rghit pclae. The rset can be a toatl mses and you can sitll raed it wouthit porbelm. Tihs is bcuseae the huamn mnid deos not raed ervey lteter by istlef, but the wrod as a wlohe.
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CSRS-FERS Retirement Program™ ©2008 Wealth Design Group All rights reserved. Get Wise-Get Wealthy TM No ! req
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CSRS-FERS Retirement Program™ ©2008 Wealth Design Group All rights reserved. Get Wise-Get Wealthy TM
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CSRS-FERS Retirement Program™ ©2008 Wealth Design Group All rights reserved. Get Wise-Get Wealthy TM Golden Rule Do unto others as you would have them do unto you.
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CSRS-FERS Retirement Program™ ©2008 Wealth Design Group All rights reserved. Get Wise-Get Wealthy TM Platinum Rule Do unto others as they would like to have done to them.
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CSRS-FERS Retirement Program™ ©2008 Wealth Design Group All rights reserved. Get Wise-Get Wealthy TM Titanium Rule Do unto others keeping their preferences in mind!
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CSRS-FERS Retirement Program™ ©2008 Wealth Design Group All rights reserved. Get Wise-Get Wealthy TM
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CSRS-FERS Retirement Program™ ©2008 Wealth Design Group All rights reserved. Get Wise-Get Wealthy TM
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CSRS-FERS Retirement Program™ ©2008 Wealth Design Group All rights reserved. Get Wise-Get Wealthy TM
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CSRS-FERS Retirement Program™ ©2008 Wealth Design Group All rights reserved. Get Wise-Get Wealthy TM Speaking Greatest Generation”ese” They’re helpers – ask for some Ask for their opinion Remember they see themselves as vital, active people in the prime of life
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CSRS-FERS Retirement Program™ ©2008 Wealth Design Group All rights reserved. Get Wise-Get Wealthy TM Speaking Boomer”ese” Be respectful Take your time – build a relationship Try face-to-face for the important conversations
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CSRS-FERS Retirement Program™ ©2008 Wealth Design Group All rights reserved. Get Wise-Get Wealthy TM Speaking Gen X”ese” Get to the point Use technological communication efficiently Avoid cliches and hyperbole
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CSRS-FERS Retirement Program™ ©2008 Wealth Design Group All rights reserved. Get Wise-Get Wealthy TM Speaking Millinneal”ese” Don’t be put off if they’re multi-tasking while communicating with you Share where they fit in the overall picture Ask for help with technology
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CSRS-FERS Retirement Program™ ©2008 Wealth Design Group All rights reserved. Get Wise-Get Wealthy TM Millennial Generation Generation X Baby Boom Generation Greatest Generation Outlook HopefulSkepticalOptimisticPractical Work Ethic AmbitiousBalancedDrivenDedicated View of Authority Relaxed Polite UnimpressedLove/HateRespectful Leadership By Pulling together CompetenceConsensusHierarchy Relation- ships Loyal Inclusive Reluctant to commit Personal Gratification Self- sacrifice Perspective Civic- minded Self-reliantTeam- oriented Civic- minded
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CSRS-FERS Retirement Program™ ©2008 Wealth Design Group All rights reserved. Get Wise-Get Wealthy TM Employees From All Generations Agree Work is a vehicle for personal fulfillment and satisfaction Workplace culture is important Being trusted to get the job done is the most important factor in defining job satisfaction Feeling valued by their employer is a requirement to be happy in their job Flexibility in the workplace is important Success is finding an employer you can stay with for a long time Career development is the most valued form of recognition – even more so than pay raises and enhanced titles
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CSRS-FERS Retirement Program™ ©2008 Wealth Design Group All rights reserved. Get Wise-Get Wealthy TM “He who knows only his own generation remains always a child.” ~ Cicero, early Roman Statesman
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