The Silent Generation, born between 1928 and 1945, has benefited from improved health and a more generous social safety net. The term Silent Generation was coined by Time Magazine in a 1951 article as the group was coming of age. It described the generation as “working fairly hard and saying almost nothing,” one that “does not issue manifestos, make speeches or carry posters. Today, many are working part-time and enjoying their work and life. The median family net worth of Americans 75 and older was $194,800 last year adjusted for inflation, compared with $130,900 in 1989.
The Silents have done very well. They planned ahead, they were risk averse, they played by the rules and the system worked for them. People are living so much longer, and they’re having to make that income and those pensions last a really long time. Part-time field services can help with paying some bills or buying some new toys.
In the field services industry today, there are more field service inspectors over the age of 65 years old than inspectors under the age of 30 years old. Field service inspectors in the Silent Generation do very well. They are well-liked and they get the job done in a most professional manner. They are having great fun in their senior years.
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