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Share of National wealth owned by each generation
Posted on 3/22/25 at 12:58 pm
Posted on 3/22/25 at 12:58 pm
47
Posted on 3/22/25 at 12:58 pm to RaoulDuke504
This is going to be a very calm thread
Posted on 3/22/25 at 12:59 pm to RaoulDuke504
I can interpret it but that is a terrible graph.
Posted on 3/22/25 at 1:00 pm to RaoulDuke504
50% Baby Boomers helped one another before Gen X.
50% Gen X altogether stopped trying.
50% Gen X altogether stopped trying.
Posted on 3/22/25 at 1:02 pm to RaoulDuke504
Failure, with a side helping of jealousy, is no way to go through life.
Posted on 3/22/25 at 1:03 pm to RaoulDuke504
Must be nice to have it so easy.
Posted on 3/22/25 at 1:03 pm to RaoulDuke504
So roughly a 4% less ownership of national wealth between Boomers and Gen X when comparing age?
Doesn’t seem that great. If you adjust for life expectancy differences between Greatest and Boomers, it’s probably pretty even.
Doesn’t seem that great. If you adjust for life expectancy differences between Greatest and Boomers, it’s probably pretty even.
Posted on 3/22/25 at 1:05 pm to RaoulDuke504
I very well could be wrong, but I imagine that if you plotted, all the way back to Greatest Gen and beyond, a single statistic: percentage of the cohort who owns more than one single family residence and has at least one of those extras for rent/lease, Boomers would blow by every other cohort by a staggering degree.
Boomers spent their entire lives at the fulcrum of an explosion of the value of "desirable" land and were able to ride that into a wave of passive income. It will be extremely interesting to see what that starts to look like as Boomers start to pass in larger and larger numbers. Though I imagine "interesting" will become "tragic" if large institutional investors step in.
Boomers spent their entire lives at the fulcrum of an explosion of the value of "desirable" land and were able to ride that into a wave of passive income. It will be extremely interesting to see what that starts to look like as Boomers start to pass in larger and larger numbers. Though I imagine "interesting" will become "tragic" if large institutional investors step in.
Posted on 3/22/25 at 1:05 pm to RaoulDuke504
If only these young whippersnapper's would pull themselves up by their bootstraps like we did back in the day, they could have what we have.
Posted on 3/22/25 at 1:05 pm to RaoulDuke504
Compound Interest
Posted on 3/22/25 at 1:06 pm to RaoulDuke504
Hopefully the boomers die soon so they can pass that money on. Most entitled generation that claims to have nothing has the most….shocked.
Posted on 3/22/25 at 1:08 pm to RaoulDuke504
Boomers should not have to apologize for their wealth. It’s not their problem they worked their asses off and earned what they have while the younger generations are lazy and want handouts.
Posted on 3/22/25 at 1:10 pm to RaoulDuke504
quote:
RaoulDuke504
Is jealousy and whining about boomer’s the only thing you ever post about?
Posted on 3/22/25 at 1:11 pm to RaoulDuke504
But I ws told that Boomers didn't save money?
Posted on 3/22/25 at 1:11 pm to RaoulDuke504
Why did they cut off a decade of millennials?
Posted on 3/22/25 at 1:11 pm to Crow Pie
Sharp people, with a great work ethic, always win.
No matter the generation, no matter the "economy", we win.
Lazy people look for excuses, and look for someone or something to blame.
That's exactly what the OP is doing instead of looking in the mirror.
No matter the generation, no matter the "economy", we win.
Lazy people look for excuses, and look for someone or something to blame.
That's exactly what the OP is doing instead of looking in the mirror.
Posted on 3/22/25 at 1:14 pm to RaoulDuke504
Boomers are disgusting
Posted on 3/22/25 at 1:21 pm to GRTiger
quote:
Why did they cut off a decade of millennials?
The graph is charting "median cohort age". So when Millennials are plotted at "30", that means that at that point in time, half of Millennials are younger than 30 and half are older. Same with every other cohort. It's the best way to simultaneously compare trends over time while also creating an apples to apples comparison between cohorts.
Posted on 3/22/25 at 1:21 pm to 3deadtrolls
Compound interest
And dollar cost average
SP on March 24 2000…. 1527
SP on Feb 15 2013……..1519
13 years ZERO growth
Yeah it paid off last few years but we paid or dues….
And dollar cost average
SP on March 24 2000…. 1527
SP on Feb 15 2013……..1519
13 years ZERO growth
Yeah it paid off last few years but we paid or dues….
Posted on 3/22/25 at 1:22 pm to BigPerm30
quote:
Hopefully the boomers die soon so they can pass that money on. Most entitled generation that claims to have nothing has the most….shocked.
I wouldn't hold your breath waiting for a inheritance. They're largely spending it all in retirement.
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