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re: This depressing chart shows the jaw-dropping wealth gap between millennials and boomers
Posted on 12/11/19 at 10:27 am to IAmNERD
Posted on 12/11/19 at 10:27 am to IAmNERD
quote:
So that chart shows that people who have had more time to accumulate wealth has more wealth than people who haven't had as much time to accumulate wealth?
It truly is amazing the amount of people that don't understand the article.
1
Posted on 12/11/19 at 11:35 am to Salmon
I understand the excerpts he quoted. Wealth is not finite therefore having a smaller percentage of the wealth at 35 years old now vs 35 year olds decades ago doesn't mean you're worse off necessarily. It could just as likely suggest the greatest generation wasn't the best of earners or savers.
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