Urban Institute

Urban Institute says, “Even after the Great Recession, 65- to 73-year-olds today have far greater wealth than 65- to 73-year-olds did in 1983. Younger age groups, however, aren’t better off. From 1983 to 2010, the total net worth of those in Generations X and Y (those 46 and younger) stayed about the same as their predecessors more than a quarter-century earlier. The net worth of baby boomers and older generations (47 and older) roughly doubled as compared with their predecessors.”

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