People earn more as they age there’s no doubting that. However young adults now own less assets overall than their parents or grandparents did at their age. It continues that way for every age cohort too.
The baby boomer generation owns and has owned more wealth than any other generation in US history even when accounting for age.
People earn more as they age there’s no doubting that. However young adults now own less assets overall than their parents or grandparents did at their age. It continues that way for every age cohort too.
The baby boomer generation owns and has owned more wealth than any other generation in US history even when accounting for age.
Correct but most wealth is owned by 1% then the boomer class.
And the 1% is mostly boomers.