Generational wealth gap is an undisputed economic reality, especially when comparing any generation to boomers. Boomers have acquired more wealth by ever age benchmark than any generation to ever exist.
And pensions were very common decades ago. Now they’re mostly gone:
Assuming every member of the 1% in the US is a baby boomer, the value of the real estate they own accounts for about 1/3rd of the total real estate wealth owned by boomers.
They haven’t saved for retirement and grew up in an Era with with work offering pensions as rare.
Younger generations have greater growth and more savings across the board.
Holy fuck.
Generational wealth gap is an undisputed economic reality, especially when comparing any generation to boomers. Boomers have acquired more wealth by ever age benchmark than any generation to ever exist.
And pensions were very common decades ago. Now they’re mostly gone:
https://www.investopedia.com/articles/retirement/06/demiseofdbplan.asp
Your brain is broken. You need to spend more time reading, and less time commenting for a long time.
Buried his ass in receipts. Love it
Trash data. That data conflate the average grandpa with Billionaire CEOs.
It really doesn’t
Reading comprehension level: 0
Data isn’t trash just because you say it is.
Assuming every member of the 1% in the US is a baby boomer, the value of the real estate they own accounts for about 1/3rd of the total real estate wealth owned by boomers.