3e
Deleted Account
3e566c75f799ecfba00ec23faf7534dc669209f6f0fa74578b709c5fb72169aa
Deleted Account

Or… just figure out your own health without someone giving you treats like a dog being a good boy 🙃

Chester was a outspoken vegan which should have just eaten meat to fix his gut biom to cure his depressions

When will they finally get out the grey crayon?

Terrorism has become a virtue

The graphic provides a clear comparison of wealth accumulation across Baby Boomers, Generation X, and Millennials at different stages of life, particularly when each cohort was in their 40s, 50s, and 60s:

### **Baby Boomers**

- **In their 40s (1990):** Controlled about **30% of national wealth**.

- **In their 50s (2000):** Their share grew significantly to around **45%**.

- **In their 60s (2019):** Peaked at over **50%**, dominating wealth ownership.

### **Generation X**

- **In their 40s (2019):** Controlled approximately **25% of national wealth**, far less than Baby Boomers did at the same age.

- **In their 50s (future projection):** Expected to increase their share but unlikely to match Boomers' dominance.

### **Millennials**

- **In their 30s (2019):** Held less than **10% of national wealth**, significantly lagging behind both Boomers and Gen X at comparable ages.

- **In their 40s (future projection):** Likely to see modest growth, but structural challenges such as high housing costs and slower income growth may limit wealth accumulation.

### Key Observations:

- Baby Boomers amassed wealth earlier and in greater proportions due to favorable economic conditions like affordable housing markets and strong equity returns during their prime earning years.

- Generation X has been slower to accumulate wealth but has shown resilience, particularly in recovering from the Great Recession.

- Millennials face the steepest challenges, with delayed homeownership, student debt burdens, and slower income growth contributing to their lower share of wealth.

Sources

[1] image.jpg

[2] US Household Wealth Update: Baby Boomers Still Control Half https://www.marketingcharts.com/demographics-and-audiences/household-income-225380

[3] Gen X overtakes Baby Boomers in wealth stakes - SMSF Adviser https://www.smsfadviser.com/news/24121-gen-x-overtakes-baby-boomers-in-wealth-stakes

[4] Millennials are just as wealthy as their parents - Quartz https://qz.com/millennials-are-just-as-wealthy-as-their-parents-1850149896

[5] U.S. wealth distribution over time by generation 2024 - Statista https://www.statista.com/statistics/1376622/wealth-distribution-for-the-us-generation/

[6] Millennials Are Now Wealthier than Baby Boomers Were https://www.joshuakennon.com/millennials-are-now-as-wealthy-as-baby-boomers-were-at-the-same-age/

[7] How Baby Boomers Became the 'Wealthiest Generation' Ever | Money https://money.com/wealthiest-generation-baby-boomers/

[8] Meet The 'Sandwich Generation': Gen Xers Are Burnt Out ... - Bankrate https://www.bankrate.com/personal-finance/gen-x-financial-stress/

[9] With Millennials only controlling 5 % of wealth despite being 25-40 ... https://www.reddit.com/r/FluentInFinance/comments/16875jk/with_millennials_only_controlling_5_of_wealth/

[10] Great Recession Cut Late Boomers' Retirement Wealth https://crr.bc.edu/great-recession-cut-late-boomers-retirement-wealth/

[11] Great Wealth Transfer: How Gen X, millennials are innovating family ... https://www.cnbc.com/2024/12/23/great-wealth-transfer-how-gen-x-millennials-are-innovating-family-offices.html

[12] Millennial vs. boomer wealth gap has doubled since 1960s and 1970s https://fortune.com/2022/10/27/millennials-versus-boomers-wealth-gap-doubled/

[13] Figures and data in The Baby Boomers Revisited https://www.microsimulation.pub/articles/00284/figures

[14] [OC] Wealth by generation : r/dataisbeautiful - Reddit https://www.reddit.com/r/dataisbeautiful/comments/ebjq9h/oc_wealth_by_generation/

[15] Will Today's Millennials Ever Live in a More Equal USA? https://inequality.org/article/will-todays-millennials-live-in-a-more-equal-united-states/

[16] The Greatest Wealth Transfer in History Is Here, With Familiar (Rich ... https://www.nytimes.com/2023/05/14/business/economy/wealth-generations.html

[17] What the evolution of wealth management means for Generation X ... https://advisorygroupsf.com/what-the-evolution-of-wealth-management-means-for-generation-x-and-retirement/

[18] This depressing chart shows the jaw-dropping wealth gap between ... https://www.marketwatch.com/story/this-depressing-chart-shows-the-jaw-dropping-wealth-gap-between-millennials-and-boomers-2019-12-04

[19] Net Worth for Baby Boomers: How Do You Stack Up vs. Your ... https://www.nasdaq.com/articles/net-worth-baby-boomers-how-do-you-stack-vs-your-generation

[20] The Formidable 40s: High earning, high spending Generation X are ... https://www.experianplc.com/newsroom/press-releases/2018/the-formidable-40s-high-earning-high-spending-generation-x-are-largest-contributors-to-uk-economy

[21] How Millennials compare with prior generations https://www.pewresearch.org/social-trends/2019/02/14/millennial-life-how-young-adulthood-today-compares-with-prior-generations-2/

Millennials have surpassed Baby Boomers in population size in the U.S. In 2023, Millennials made up 21.71% of the population, while Baby Boomers accounted for around 21%[9][11]. Millennials reached approximately 72.7 million people in 2023, compared to Baby Boomers' declining numbers, which peaked at 78.8 million in 1999 but have since decreased due to aging and mortality[1][9][10].

Sources

[1] Millennials overtake Baby Boomers as America's largest generation https://www.weforum.org/stories/2020/04/millennials-overtake-baby-boomers-largest-generation-america/

[2] Generational Differences During Young Adulthood: Baby Boomers ... https://www.bgsu.edu/ncfmr/resources/data/family-profiles/anderson-demographics-baby-boomers-millennials-fp-17-06.html

[3] Debunking Baby Boomer Myths - PRB.org https://www.prb.org/articles/debunking-baby-boomer-myths/

[4] How Millennials compare with prior generations https://www.pewresearch.org/social-trends/2019/02/14/millennial-life-how-young-adulthood-today-compares-with-prior-generations-2/

[5] Millennials approach Baby Boomers as America's largest generation ... https://www.pewresearch.org/short-reads/2018/04/03/millennials-approach-baby-boomers-as-largest-generation-in-u-s-electorate/

[6] Generation X (Gen X): Between Baby Boomers and Millennials https://www.investopedia.com/terms/g/generation-x-genx.asp

[7] The Daily — Millennials now outnumber baby boomers in Canada https://www150.statcan.gc.ca/n1/daily-quotidien/240221/dq240221a-eng.htm

[8] Generational Differences in the Workplace [Infographic] https://www.purdueglobal.edu/education-partnerships/generational-workforce-differences-infographic/

[9] U.S. population by generation 2023 - Statista https://www.statista.com/statistics/797321/us-population-by-generation/

[10] Millennials overtake Baby Boomers as America's largest generation https://www.pewresearch.org/short-reads/2020/04/28/millennials-overtake-baby-boomers-as-americas-largest-generation/

[11] U.S. population share by generation 2023 - Statista https://www.statista.com/statistics/296974/us-population-share-by-generation/

Yes. But not just for obvious reasons like time and family.

I can’t stand most small talk “friends” I used too hang out with when I was younger. So actively blocking some new people and cutting out old stale ones feels better and better.

Probably some day this will reverse and I’ll start letting in new shallow friendships back in but for now it feels liberating