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Story perspectives

Baby Boomers Hold 51.8% Wealth Amid Economic Struggles

1/20/2025

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Story summary
  • Baby boomers control a staggering 51.8% of U.S. wealth, yet many grapple with economic insecurity. Skyrocketing healthcare costs, the burden of supporting millennial children, and anxiety over outliving their savings weigh heavily on them. Even with a projected $53 trillion wealth transfer to millennials by 2045, true financial peace remains just out of reach for this generation.