Young Americans Seen Failing to Match Baby Boomers’ Wealth Gains
October 31, 2022 by Ben Steverman
An epic four-decade boom in housing and stock prices made Baby Boomers the richest generation in US history. A new study shows just how difficult it will be for younger Americans to copy that success.
The wealth boom since 1980 widened the gaps between rich and poor and young and old to record levels, the research finds.