Incorporating updated Federal Reserve DFAs data, Boomers held a much higher proportion of US household wealth than Gen Xers at similar ages. Millennials continue to hold an even lower percentage of wealth at each age.

Boomers still hold more than half of U.S. household wealth. pic.twitter.com/VV0PCIZAdh

— Gray "serial millennial myth debunker" Kimbrough (@graykimbrough) March 28, 2021

And by the time they get old enough to retire, Social Security will be much diminished or non-existent. Sucks to be them.