Where are you in distribution of wealth--born before 1946, or baby boomer, or gen-x, or millennials? The Boomers after 2005 began pulling ahead of the "silents" in wealth accumulation, and never looked back. Even with a little back sliding by boomers during the recession, I see no way the millennials will ever catch up--have they been given too much or just taken on too much debt.
https://www.federalreserve.gov/releases/z1/dataviz/dfa/distribute/table/?fbclid=IwAR3xXjxcnVsekzvw3DtdeeJeDKhOXFec1sCugV2kGGbdGMu6cjoBcY0jpGE#quarter:
119;series:Net worth;demographic:generation;population:all;units:levels
Thursday, November 28, 2019
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