The Generational Wealth Gap

Are younger people worse off today than prior generations were at similar ages?
According to this widely circulated chart, which shows that Baby Boomers held a much larger portion of U.S. household wealth in their 30s and 40s than Gen Xers do today at the same age, the answer is an unequivocal yes.

When you were born has an enormous impact on the type of returns you’ll earn in the stock market. It also has an enorm…

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