🧮 Wealth Accumulation at the Same Age

According to one analysis comparing generations at similar life stages (inflation-adjusted), Millennials had significantly more wealth than Gen X did at the same age — roughly 109% more on average. https://www.self.inc/info/generational-wealth-gap/

• Example: When Gen X was around 30–40, their average wealth was about $105 k, whereas Millennials at the same age had around $220 k.

Federal Reserve data also suggests that younger Americans (including Millennials and Gen Z) now own more total wealth relative to what Gen X did at the same age stage — about $1.23 for every $1 Gen X owned then. https://www.stlouisfed.org/open-vault/2025/june/the-state-of-us-household-wealth

These findings challenge the stereotype that Millennials are automatically poorer than Gen X was — at least statistically in terms of wealth held at a given age.

(http://www.autoadmit.com/thread.php?thread_id=5839575&forum_id=2Reputation#49703518)

Boomers (when they were 35–44, proxied by ~1995 SCF): $101k

Gen X (35–44, proxied by ~2013 SCF): $60k

Early Millennials (35–44, proxied by ~2022 SCF): higher than Gen X at that age band

(http://www.autoadmit.com/thread.php?thread_id=5839575&forum_id=2Reputation#49703543)

horseeeeeee shit. there's some circularity between inflation and price levels this study is obviously missing.

(http://www.autoadmit.com/thread.php?thread_id=5839575&forum_id=2Reputation#49705566)