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Older Americans' Wealth Soars, But Housing Costs Bite

9/3/2025

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Summary

Story summary

A study by economist Edward Wolff shows significant wealth increases for Americans over 75, while younger generations' wealth stagnates.
Rising homeownership rates and stock market gains contribute to older Americans' wealth growth.
Despite this, one-third of households over 65 face housing affordability challenges in 2023.

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Story summary

A study by economist Edward Wolff shows significant wealth increases for Americans over 75, while younger generations' wealth stagnates.
Rising homeownership rates and stock market gains contribute to older Americans' wealth growth.
Despite this, one-third of households over 65 face housing affordability challenges in 2023.