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Reply to "American dream is dead: data clear shows how younger generations after Boomers have it worse"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Yep, nostalgia. Ymmv, but as a group 40yo millennials are only about 20% behind where 40yo boomers were. Explained by student debt and delayed inheritance due to longer lived parents. Non paywall here: http://www.tbsnews.net/analysis/millennials-are-running-out-time-build-wealth-257773 [/quote] From your blurb, that still sounds a little too rosy. [/quote] It's the net worth difference. Boomers at 35-44yo in 1989 had $113k, millennials 35-44yo in 2019 had $91k. Might feel different to us now, but if we had a time machine to explain it to them, I doubt they would compare and say we have it harder.[/quote]
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