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People become more conservative once they actually accumulate wealth that they can use, and don't want policies passed that will reduce that wealth.
Millennials and younger generations have not the opportunity to generate the same amount of wealth by their 30's or even their 40's as Boomers had.
Therefore leftism and liberalism will be more predominant in these younger generations.
Anecdotal, but me (millennial), my boomer parents, and a number of my friends have been fortunate enough to collect varying levels of wealth. Almost all of us are relatively more progressive than 10-20 years ago.
Doesn't help that the conservative party in my country has gone batshit crazy.
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