Well right of course not I guess I’m just surprised how many aren’t. There must be an insane amount of outliers to skew everything the way it is. I wonder in financial literacy was lower generationally, although the article does state that a lot of it is not being a white man, but even then the stated 250k is abysmally low.
“boomers have all the wealth” is something that younger people post on social media to have some group to hate on to feel better about their own situation. it’s not actually true. most boomers are about as wealthy or poor as you’d expect a normal person to be, some built some wealth a few decades ago when wages were still high, some are broke.
It’s already happening. Most boomers aren’t ready to retire.
https://www.cbsnews.com/news/retirement-baby-boomers-peak-65-financial-crisis/
I thought boomers have all the wealth? At least relatively? Where’s it go?
They do have “all” the wealth, or at least a disproportionate amount of it.
However, just because boomers have all the wealth does not mean that all boomers are wealthy.
Well right of course not I guess I’m just surprised how many aren’t. There must be an insane amount of outliers to skew everything the way it is. I wonder in financial literacy was lower generationally, although the article does state that a lot of it is not being a white man, but even then the stated 250k is abysmally low.
“boomers have all the wealth” is something that younger people post on social media to have some group to hate on to feel better about their own situation. it’s not actually true. most boomers are about as wealthy or poor as you’d expect a normal person to be, some built some wealth a few decades ago when wages were still high, some are broke.