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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.

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23 points

Buried his ass in receipts. Love it

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-30 points

Trash data. That data conflate the average grandpa with Billionaire CEOs.

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11 points

It really doesn’t

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-19 points

Reading comprehension level: 0

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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.

The 1% have also benefited modestly from rising real-estate values. Their real-estate holdings increased by just under $1 trillion during the pandemic, to reach a high of $5.27 trillion.

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8 points

Data isn’t trash just because you say it is.

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7 points

Where’s your better data then

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4 points

Why are you talking trash instead of delivering? This is the best way to learn something new for bystanders like me and you give up…

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Memes

!memes@lemmy.ml

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