64 points
*
Holy fuck.
Generational wealth gap is an undisputed economic reality, especially when comparing any generation to boomers. Boomers have acquired more wealth by ever age benchmark than any generation to ever exist.
And pensions were very common decades ago. Now they’re mostly gone:
https://www.investopedia.com/articles/retirement/06/demiseofdbplan.asp
Your brain is broken. You need to spend more time reading, and less time commenting for a long time.
23 points
-30 points
Trash data. That data conflate the average grandpa with Billionaire CEOs.
11 points
-19 points
8 points
7 points
5 points
Assuming every member of the 1% in the US is a baby boomer, the value of the real estate they own accounts for about 1/3rd of the total real estate wealth owned by boomers.
4 points