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GOBankingRates
GOBankingRates
Angela Mae Watson

How Much Wealth Do Boomers Have? The Generational Gap Is Still Growing

AJ_Watt / iStock.com

People who are 55 and older, which includes baby boomers born between 1946 and 1964, hold the vast majority of wealth. Meanwhile, younger Americans have significantly less. Even then, there are significant discrepancies across generations.

The total estimated wealth in the U.S. is $167.26 trillion, according to SmartAsset using Federal Reserve data. That being said, the distribution of wealth is far from even.

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