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If you take Gen X to range from 1965 to 1980, everyone in Gen X would be under 40 in 1989. The oldest would be only 24, and most of them would still be childr
by MattPalmer1086 3y ago
If you take Gen X to range from 1965 to 1980, everyone in Gen X would be under 40 in 1989.
The oldest would be only 24, and most of them would still be children. So unsurprising they don't account for much household wealth in that time!
- eliasmacpherson 3y agoThe point is the comparison shows that previous generations were wealthier at a given age, not how much Gen X (<=24 years) or Gen Z(<=24 years) held at that point in time.
- MattPalmer1086 3y agoYes, I guess that's right. It's just weird to include generations that were mostly children in a calculation of household wealth.