When boomers were roughly the same age as millennials are now, they owned about 21% of America's wealth, compared to millennials' 3% share today.
When boomers were roughly the same age as millennials are now, they owned about 21% of America's wealth, compared to millennials' 3% share today, according to recent Fed data. Baby boomers are outpacing the Silent Generation in terms of wealth as they age into retirement, while millennials and Gen X are lagging behind boomers as they age.
When boomers were roughly the same age as millennials are now, they owned about 21% of America's wealth, compared to millennials' 3% share today, according to recent Fed data. Baby boomers are outpacing the Silent Generation in terms of wealth as they age into retirement, while millennials and Gen X are lagging behind boomers as they age.
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