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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 GroupAll rights reserved.

Get Wise-Get WealthyTM

Get Wise – Get Wealthy Inter-generational Diversity

Presented to:Federally Employed Women

DFC ChapterNovember 19, 2008

By:Ann Vanderslice

CSRS-FERS Retirement Program™©2008 Wealth Design GroupAll rights reserved.

Get Wise-Get WealthyTM

Elvis joins the Army.

Jimi Hendrix dies.

CSRS-FERS Retirement Program™©2008 Wealth Design GroupAll rights reserved.

Get Wise-Get WealthyTM

MTV debuts.

Kurt Cobain dies.

CSRS-FERS Retirement Program™©2008 Wealth Design GroupAll rights reserved.

Get Wise-Get WealthyTM

People resemble their times more than they resemble their parents.

~ Arab Proverb

CSRS-FERS Retirement Program™©2008 Wealth Design GroupAll rights reserved.

Get Wise-Get WealthyTM

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

CSRS-FERS Retirement Program™©2008 Wealth Design GroupAll rights reserved.

Get Wise-Get WealthyTM

CSRS-FERS Retirement Program™©2008 Wealth Design GroupAll rights reserved.

Get Wise-Get WealthyTM

The Baby Boomer Generation

Born between 1946 and 1964

Leaders – Bill Clinton and George W. Bush

CSRS-FERS Retirement Program™©2008 Wealth Design GroupAll rights reserved.

Get Wise-Get WealthyTM

Generation X

Born between 1964 and 1979

AKA – MTV Generation

-- 13th Generation

-- Baby Busters

Leaders – President-elect Barack Obama

Influences - Bill Gates

Steve Jobs

Andy Bechtolsheim

CSRS-FERS Retirement Program™©2008 Wealth Design GroupAll rights reserved.

Get Wise-Get WealthyTM

CSRS-FERS Retirement Program™©2008 Wealth Design GroupAll rights reserved.

Get Wise-Get WealthyTM

The Millennial Generation

Born between 1980 and 1998

AKA – Gen Y

-- Echo Boom

CSRS-FERS Retirement Program™©2008 Wealth Design GroupAll rights reserved.

Get Wise-Get WealthyTM

CSRS-FERS Retirement Program™©2008 Wealth Design GroupAll rights reserved.

Get Wise-Get WealthyTM

The Millennial Generation

Born between 1980 and 1998

AKA – Gen Y

-- Echo Boom

CSRS-FERS Retirement Program™©2008 Wealth Design GroupAll rights reserved.

Get Wise-Get WealthyTM

The Millennial Generation

CSRS-FERS Retirement Program™©2008 Wealth Design GroupAll rights reserved.

Get Wise-Get WealthyTM

Netting the Net GenerationBusinessWeek

Generation Y for DummieseWeek.com

The “Millennials” Are

Coming

CBS NewsGeneration Y : They’ve arrived at work with a new attitudeUSA Today

Attracting the Twentysomething WorkerFortune

‘Generation Me’ Enters the Work

ForceABC News

Motivating the “What’s in It for Me?” WorkforceAllBusiness.com

What Gen Y Really

WantsTime Magazine

The Bottom Line on Next Gen WorkersBusinessWeek

CSRS-FERS Retirement Program™©2008 Wealth Design GroupAll rights reserved.

Get Wise-Get WealthyTM

The Millennial Generation

Born between 1980 and 1998

AKA – Gen Y

-- Echo Boom

Influences – Heroes – Police, Firefighters

-- MySpace

-- YouTube

-- Facebook

CSRS-FERS Retirement Program™©2008 Wealth Design GroupAll rights reserved.

Get Wise-Get WealthyTM

CSRS-FERS Retirement Program™©2008 Wealth Design GroupAll rights reserved.

Get Wise-Get WealthyTM

CSRS-FERS Retirement Program™©2008 Wealth Design GroupAll rights reserved.

Get Wise-Get WealthyTM

CSRS-FERS Retirement Program™©2008 Wealth Design GroupAll rights reserved.

Get Wise-Get WealthyTM

CSRS-FERS Retirement Program™©2008 Wealth Design GroupAll rights reserved.

Get Wise-Get WealthyTM

Life Stages of Neural Pathways

CSRS-FERS Retirement Program™©2008 Wealth Design GroupAll rights reserved.

Get Wise-Get WealthyTM

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.

CSRS-FERS Retirement Program™©2008 Wealth Design GroupAll rights reserved.

Get Wise-Get WealthyTM

No ! req

CSRS-FERS Retirement Program™©2008 Wealth Design GroupAll rights reserved.

Get Wise-Get WealthyTM

CSRS-FERS Retirement Program™©2008 Wealth Design GroupAll rights reserved.

Get Wise-Get WealthyTM

Golden Rule

Do unto others as you would have them do unto you.

CSRS-FERS Retirement Program™©2008 Wealth Design GroupAll rights reserved.

Get Wise-Get WealthyTM

Platinum Rule

Do unto others as they would like to have done to them.

CSRS-FERS Retirement Program™©2008 Wealth Design GroupAll rights reserved.

Get Wise-Get WealthyTM

Titanium Rule

Do unto others keeping their preferences in mind!

CSRS-FERS Retirement Program™©2008 Wealth Design GroupAll rights reserved.

Get Wise-Get WealthyTM

CSRS-FERS Retirement Program™©2008 Wealth Design GroupAll rights reserved.

Get Wise-Get WealthyTM

CSRS-FERS Retirement Program™©2008 Wealth Design GroupAll rights reserved.

Get Wise-Get WealthyTM

CSRS-FERS Retirement Program™©2008 Wealth Design GroupAll rights reserved.

Get Wise-Get WealthyTM

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

CSRS-FERS Retirement Program™©2008 Wealth Design GroupAll rights reserved.

Get Wise-Get WealthyTM

Speaking Boomer”ese”

Be respectful

Take your time – build a relationship

Try face-to-face for the important conversations

CSRS-FERS Retirement Program™©2008 Wealth Design GroupAll rights reserved.

Get Wise-Get WealthyTM

Speaking Gen X”ese”

Get to the point

Use technological communication efficiently

Avoid cliches and hyperbole

CSRS-FERS Retirement Program™©2008 Wealth Design GroupAll rights reserved.

Get Wise-Get WealthyTM

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

CSRS-FERS Retirement Program™©2008 Wealth Design GroupAll rights reserved.

Get Wise-Get WealthyTM

Millennial Generation

Generation

X

Baby Boom Generation

GreatestGeneration

Outlook Hopeful Skeptical Optimistic Practical

Work Ethic

Ambitious Balanced Driven Dedicated

View ofAuthority

RelaxedPolite

Unimpressed

Love/Hate Respectful

Leadership By

Pulling together

Competence Consensus Hierarchy

Relation-ships

LoyalInclusive

Reluctant tocommit

PersonalGratification

Self-sacrifice

Perspective Civic-minded

Self-reliant Team-oriented

Civic-minded

CSRS-FERS Retirement Program™©2008 Wealth Design GroupAll rights reserved.

Get Wise-Get WealthyTM

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

CSRS-FERS Retirement Program™©2008 Wealth Design GroupAll rights reserved.

Get Wise-Get WealthyTM

“He who knows only his own generation remains always a child.”

~ Cicero, early Roman Statesman