5 ms·
In the US at least those who are retired now won the jackpot historically. Those born in the 40s and 50s experienced the greatest increase in personal wealth ev
by jackcosgrove 8y ago
In the US at least those who are retired now won the jackpot historically. Those born in the 40s and 50s experienced the greatest increase in personal wealth ever. Of those born in the late 1940s, 90% eventually made more money than their parents at a given age. Of those born in the early 1980s, only 50% have achieved that. I'm actually somewhat surprised that happiness is as high among the youth as it is. I can chalk that up to good health and ignorance about their financial futures. A lot of happiness gets "pulled forward" from future happiness, financially.
- pojzon 8y agoI would like to see the same study about millenials in their 40s in 20 years to know how bad we have it in comparison to current 40s.. Im currently in top 5% earning in my country and i still cant afford a good house and the same quality of life level as my parents.. Dont wanna even think about the majority. Those peoole will be living in dept or month to month till the last day of their lifes.