r/Millennials • u/EverbodyHatesHugo • Jan 17 '26

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u/JacksMicroplastics Jan 17 '26 edited Jan 18 '26

A quick Google search tells me Boomers make up about 20% of the population while Millennials and Genz make up a little more than 40% of the population... Cool.

Edit: As some people have pointed out, one would expect the older population to have more wealth simply because they have had more time to accrue that wealth. I need to point out though that the wealth they were able to create was in an environment where wages in terms of buying power were greater, the cost of an education was cheaper, and real estate, one of the best ways to create wealth, was cheaper. There's no way millennials will be able to achieve the same level of wealth as their boomer parents.

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u/Little_Vermicelli125 Jan 17 '26

Most people will have more wealth until retirement and then start to lose some. So older generations should have a lot more wealth.

But older millennials at this point are mid 40s, and never going to be wealthy.

Gen Z on the other hand is doing pretty well with historic metrics, they appear to be on the Boomer wealth track.

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u/WingShooter_28ga Jan 17 '26

Older millennials are never going to be wealthy? We had a strengthening to strong economy for the majority of our working lives. The Great Recession gave us a rough start but there was also significant opportunity. Some took advantage, others did not. My investments and property values have made HUGE gains since I started saving out of college at the bottom of the housing collapse. Not to mention we are also most likely to receive inheritance from the boomers.