Key Takeaways Baby boomers have a higher net worth than younger generations. That’s perfectly normal: net worth tends to rise over time as compounding takes effect, earnings rise, and financial burdens ease. The key to growing net worth is using debt wisely and investing smartly. Baby boomers control more than half of all U.S. household wealth—$88.5 trillion in 2025. That works out to $1.6 million per boomer on average. But that masks significant disparities among those born between 1946 and 1964— ...