In the 2020s, an uncomfortable truth has taken center stage: Baby Boomers control a staggering share of America’s wealth, while younger generations are buried under debt, inflation, and rising living costs. According to Federal Reserve data, Boomers—those born between 1946 and 1964—hold over 50% of the nation’s wealth, while Millennials barely scrape past 5%. Gen Z’s share? Virtually nonexistent.
This imbalance raises difficult questions. How did this gap become so wide? Why are Boomers seemingly hoarding their wealth while their children can’t even afford a grocery run without stressing over their bank balances? The answer isn’t just about stinginess. It’s about timing, policy, and deep-rooted economic shifts.
