re: Share of National wealth owned by each generation

Why do you people let them put you in a box?

According to this box system 12/1964 has everything in common with someone born 1/1946 than someone born 1/1965. Someone born on 1/1981 is more like someone born 12/1996 than a person or group born 12/1980.

A person born 12/1945 is great because they are from G.G. but 1/1946 birthday you suddenly have caused all of the world's problems.

Guess what ladies and germs, it's a sliding scale.

So just continue to let them divide us and separate us. By doing this YOU become part of the problem. That's another box that is full of useful idiots.

Now GET OFF MY LAWN.

The good news is the next Covid or strong gust of wind should wipe them out

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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.

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Pretty sure there’s more to the story than this

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What is this “national wealth”? Defined…

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Who controls most of the GDP

Millennials are queers

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Older people have more money no surprise

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While the graph does indicate this, it’s not comparing generations in 2025. It’s comparing them at their median ages over time.

Your take isn’t incorrect, it’s just not the proper interpretation

A lot of folks will be inheriting money. That’s a good thing.

I think you also have to factor in the greatest intelligently investing their money in safe places. As they died that nest egg was passed on to their kids, the boomers. The boomers have yet to pass it to their kids (Gen X) AND most did not pass along the lessons from their parents.

I am thankful to have seen some of this from my grandparents and great grandparents. A few examples... My grandpa insisted on turning the water on just long enough to get your hands wet and then turning it off until you were ready to rinse them off. They would wash out and reuse plastic bread bags. They preferred to buy clothes from a local store rather than buying them from a department store. My grandpa was in his late 80s and still worked 6 hours a day in his garden while my grandma would be processing/canning (she made the best pickles!). When my great grandparents (born in 1899/1900) died my grandparents had to go through every inch of the house to clean out the cash from decades of saving in mattresses (and I believe they found some in the walls too).

The lessons of the depression for millennials starts and stops in their textbooks. My kids are still in their teens. It's hard enough to try explaining the '00s/WTC much less lessons that haven't been prioritized when passing things down.

And finally, Gates, Allen, and Jobs skew the graph for boomers. They were the leaders in the tech revolution just as Rockefeller, Carnegie, and Vanderbilt were for the industrial revolution. (You also have people closely aligned to them such as Bezos and Morgan.) I would be interested in the status of you eliminated the top 10 people's worth from every demographic.

I can't see how you can make a valid analysis by cohort when cohorts are different lengths of time as well as different numbers of members.