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Tag Page BoomerWealth

#BoomerWealth
Cynthia Davis

Boomers took all the wealth—what’s left for young people?

Boomers own 52% of U.S. wealth—stocks, pensions, real estate—while making up just 20% of the population. They bought cheap houses, rode the economic boom, and now they’re retiring with $76 trillion in net assets. Meanwhile, Millennials and Gen Z are out here struggling with insane rent, student debt, and a Social Security fund that might be empty by the time we need it. Are we just working to fund their vacations at this point? #BoomerWealth #MillennialStruggles #GenZ

 Boomers took all the wealth—what’s left for young people?  Boomers took all the wealth—what’s left for young people?