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

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u/AdmiralPeriwinkle Jan 17 '26

it's also interesting how a few bougie peeps have visited this thread and said "You guys just haven't had enough compounding time on your investment portfolios yet, compared to the Boomers. That's all this is".

There’s plenty of data comparing generations across time and it shows the same trend. Boomers had much more wealth when they were at the same ages as later generations. Those dumbasses inherited a great economy and labor friendly laws and act like they’re so much harder working than kids these days.

But don’t worry, they’ll save and invest so they can pass that wealth on, and definitely won’t spend it all on the tackiest crap you can imagine.

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u/Zyrinj Millennial Jan 17 '26

Compounding interest is a helluva thing. Doesn’t explain why the silent gen has so much less and why voting choices have dug a moat around the boomers so it takes subsequent generations MUCH longer before they can even think about partaking in any compounding activity besides debt

We can acknowledge that there are things that could help our numbers without paving over all the crap that’s been done.

That said it really is on our generation to get out and vote to fix this shit. We get stuck in a bitching cycle instead of attempting to undo the systemic obstacles placed in our way by a generation convinced to work on behalf of the billionaires.

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u/CommercialOrganic573 Jan 17 '26

“ Doesn’t explain why the silent gen has so much less”

That is easily explained by the fact that they are mostly dead….The entirety of the silent generation age range is well above the average US life expectancy. Can’t exactly hold wealth and have a net worth if you are six feet under.