72% of millennials fear an insecure retirement. Boomers owned 21% of wealth at their age; millennials own under 5%.

When comparing generational wealth, millennials own a much smaller share of wealth than baby boomers did at the same age. Reports show that millennials own less than 5% of the nation’s wealth, whereas baby boomers owned about 21% at the same age.

72% of millennials are concerned they won’t be able to live comfortably and achieve a financially secure retirement.

In 1989, when baby boomers were the same age as millennials today, they owned over 21% of the national wealth.

Millennials today own just under 5%, per FORTUNE.

— unusual_whales (@unusual_whales) July 16, 2024