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re: This depressing chart shows the jaw-dropping wealth gap between millennials and boomers
Posted on 12/5/19 at 3:38 pm to Mid Iowa Tiger
Posted on 12/5/19 at 3:38 pm to Mid Iowa Tiger
quote:
Now overlay that or normalize it by the number of people in each group.
Part of the difference is driven by numbers of people.
In 2017 there were just as many millennials as boomers
Resident population in the United States in 2017, by generation
This post was edited on 12/5/19 at 3:39 pm
1
Posted on 12/5/19 at 4:33 pm to hubertcumberdale
That is surprising given the birth rates. Even so, that generation runs 1981 - 1996. In 2017 their age would have been 21-36, well before their prime wealth years.
Plus Boomers were more savers than the following generations, plus have been saving longer. Instead of crying, millennials should go out and produce wealth.
Plus Boomers were more savers than the following generations, plus have been saving longer. Instead of crying, millennials should go out and produce wealth.
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