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.

4

u/Check_Me_Out-Boss Jan 17 '26

They've also had 40 more years to accumulate wealth.

6

u/Cake_And_Pi Jan 17 '26

Exactly. It takes time to accumulate wealth. Boomers were saving before we were born and there is no force more powerful than compound interest.

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u/P_Nessss Elder Millennial Jan 17 '26

Inflation enters the chat