[ams6110]

The answer (which is the same as it has always been) is buried at the end:

If young people want to increase their chances of being wealthy, one strategy is to emulate the behavior of older people: keeping an emergency fund, paying down debt, avoiding high-cost credit, and putting money into higher-returning investments

[pcurve]

It's a sound premise, but young(er) people will never see the kind of boom that their parents experienced.

Younger generation is permanently hosed.

What this article fails to mention is all the privatization and regulations that have caused capital misallocation and favored certain classes of people.