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by clipradiowallet 1745 days ago
This looks pretty natural, and inheritance has a lot to do with it. Boomers are still alive, and therefore controlling their wealth. When they pass, any inheritance would usually go to their children, who would be generation X(or millennials to a lesser degree), and so on and so forth.
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When you compare the % share of wealth across generations when they were the same age, millennials are on track to own significantly less: https://twitter.com/graykimbrough/status/1198703644721524744
To own significantly less, or to own a smaller proportion of the whole?