> It’s hard for me to feel sympathy for a generation that saw the largest expansion of wealth and failed to put $1000 a year away in an index. Individuals own

> It’s hard for me to feel sympathy for a generation that saw the largest expansion of wealth and failed to put $1000 a year away in an index. Individuals own wealth, not generations, and individual wealth is distributed extremely unevenly. "The top 10% of households by wealth had $6.7 million on average. As a group, they held 66.9% of total household wealth. The bottom 50% of households by wealth had $50,000 on average. As a group, they held only 2.5% of total household wealth." https://www.stlouisfed.org/institute-for-economic-equity/the-state-of-us-wealth-inequality https://www.stlouisfed.org/institute-for-economic-equity/the...