The Taking Of Millennial Wealth By Rich White Boomers Occupy The wall street journal, cheerleader for capitalist driven recoveries, noted that millennials, gen xers, and boomers are all still poorer than in 2007. but the incredible prosperity of about 10% of the boomers is beyond dispute, as the numbers below will show. Two thirds of 21 to 32 year old millennials have nothing saved for retirement. as a result of all this hardship, more 25 to 29 year olds live with their parents or grandparents than at any time in the past 75 years. rich white boomer individuals and corporations have redistributed the profits from 75 years of prosperity.
The Taking Of Millennial Wealth By Rich White Boomers Occupy April 26, 2024, 5:55 pm utc source: cnbc. by robert frank, cnbc. the wealth gap between rich millennials and the rest of their age group is the largest of any generation, creating a new wave of. Still, over the next decade this intergenerational transfer could make millennials “the richest generation in history,” according to the annual wealth report by global real estate consultancy. Between now and 2044 in the us, the silent generation and baby boomers are expected to hand over the reins of their significant wealth to millennials, according to the wealth report, a periodic. The transfer of wealth to millennials could lead to a shift in the job market, as some may choose to pursue entrepreneurship or take time off work to travel or pursue other interests. the influx.
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