Sunday, November 13, 2011

The Rising Age Gap in Economic Well-being

Source: Pew Research Center [PDF]

Households headed by older adults have made dramatic gains relative to those headed by younger adults in their economic well-being over the past quarter of a century, according to a new Pew Research Center analysis of a wide array of government data. In 2009, households headed by adults ages 65 and older possessed 42% more median net worth (assets minus debt) than households headed by their same-aged counterparts had in 1984. During this same period, households headed by adults younger than 35 had 68% less wealth than households of their same-aged counterparts had.

No comments: