"...your typical 50/60 year old..."
More like 60/70... Boomers were born 1946-1964. Or are 57 - 75 years old.
As a "Boomer" born in 62... I can say us late boomers did not get all the juicy good deals the early Boomers got... but we did get to avoid being drafted into 'Nam. So I feel no allegiance to the Boomer label, and most certainly resent being lumped in that group.
The deals changed as I was growing up / moving up in the work world. At every turn the good deals the early Boomers got... were rescinded just as it was "my turn"... then the world turns around and starts give those thing to the younger generations... leaving most of us late boomers screwed.
It's so obvious, even some of the parents of my friends that are still alive noticed it in their children that were boomers and which ones got which deals.
One mother I knew called it something like "The Lost Generation" (but that can't be it, because that's WW1)... that her kids born between 62 and 64 fell inbetween on the good deals.
I call it "being in divot"... too young to have caught the rise of mainframes... so was always second cookie to folks 10+ years older... to old to have been part of the rise of distributed, Google, etc.
The divot being the loss of earnings if one were to graph it by year of birth due to trends.
The boomers that got the good deals were part of the population bulge.
Basically us late Boomers grew up expecting the deals the Early Boomers got... then the rules changed as we were paying the dues for it.
This is why late boomers will flame you for suggesting things like No-Collar, Student Debt Forgiveness, etc. Basically anything that they can't avail to that gives benefits for no effort. Because as a group, we've repeatedly paid dues... and had the membership withheld.