About one-fifth of American adults live in “upper-income households,” according to a 2018 report from Pew Research Center. Here’s the median income of that group.
— Read on www.cnbc.com/2019/09/14/how-many-americans-are-considered-upper-class.html
Tag: Average Household Assets
Baby boomers’ wealth is 12 times greater compared to millennials
The net worth gap between older and younger Americans has grown into a chasm. While the average older household had about seven times the net worth of younger households in 1998, they now have about 12 times the net worth, according to a MagnifyMoney analysis of Federal Reserve data.
— Read on www.cnbc.com/2019/08/08/baby-boomers-wealth-is-12-times-greater-compared-to-millennials.html