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GOBankingRates
GOBankingRates
Gabrielle Olya

Boomers Have $472K in Investments — Nearly Double the US Average, Study Finds

kate_sept2004 / iStock.com

A recent IPX1031 survey reveals a striking generational divide in investing habits and outcomes. While 92% of Americans agree that investing is key to building wealth, baby boomers have managed to accumulate significantly more than younger generations — despite starting later. The average American holds $246,000 in investments, but boomers have nearly double that amount at $472,000. While it’s important to keep in mind that they’ve had longer to build this wealth, there are some things to learn from them.

Find Out: How Much Should the Average Middle-Class Baby Boomer Have in Savings?

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