7 ms·
https://www.federalreserve.gov/releases/z1/dataviz/dfa/distribute/table/#range:1989.3,2025.1;quarter:142;series:Net%20worth;demographic:generation;population:1,
by ghushn3 1y ago
https://www.federalreserve.gov/releases/z1/dataviz/dfa/distribute/table/#range:1989.3,2025.1;quarter:142;series:Net%20worth;demographic:generation;population:1,3,5,7;units:shares https://www.federalreserve.gov/releases/z1/dataviz/dfa/distr...
Boomers held significantly higher percentages of capital than millenials or genx holding age steady.
https://www.nber.org/papers/w27123 https://www.nber.org/papers/w27123
Studies have shown wealth declining for millenials while increasing for boomers.
https://www.self.inc/info/generational-wealth-gap/ https://www.self.inc/info/generational-wealth-gap/
And it's across multiple forms of wealth.