Sunday, June 1, 2025

Average household wealth

The gap between the 80th percentile of wealth and the 20th percentile of wealth for millennials was about $343,000 in 2022, according to the St. Louis Fed. Adjusting for inflation, that gap was about $286,000 for boomers when they were a similar age in 1989.

As successful as this generation has been overall, wealth inequality has widened among millennials compared with their predecessors.

Generational wealth 3
A quarter of Americans plan to leave inheritance

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