Boomers have 10 times the household wealth of millennials in the US

Boomers have 10 times the household wealth of millennials in the US

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Boomers had twice the household wealth of Gen X and 10 times that of millennials in the US in Q3 2020. This disparity is increasing rapidly as well; boomers' household wealth increased by over $18 trillion since 2014, while millennial wealth increased by just $4 trillion.