[AshamedBadger56]

Keep in mind these charts are almost useless if you're trying to determine how much the typical millennial or gen x person has compared to boomers.

I'd go as far as to say it's misleading at best to portray "The kids are alright" and that "Gen X and millennial heirs are starting from a position of strength", when the charts used to back that up are based on net worth per capita, a very poor metric to use for this. They might as well say "A small portion of the kids, that happen to be in the top ~10%, are alright".

[0x262d]

Right, that was egregiously misleading. Well, I'm not sure how misleading it is because the average is a meaningless metric for most people's experience, so probably very.

[anon7000]

You’re right but they do at least say this:

> by our estimate the amount spent will be smaller still at $8 trillion,* because most households receiving an inheritance are already affluent and likely to save or invest much of what they receive

[cucumber3732842]

It's not even a "top few percent" thing. It's an exercise in creative measurement.

A large fraction of the boomers were useless hippies for many years in their 20s so they were living hand to mouth, no assets. Everyone since went to work. The boomers when they did get serious quickly could afford houses got mortgages, putting them in the red for years. Everyone since has had to wait way longer to be in the red like that. So of course when you pause and take a static measurement it looks like generations since are "doing ok" because at whatever point you measure there's more of them banking assets to get to the next step.