Wealth of Affluent Retirees
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Affluent Retirees Are Spending More Because of Rising Markets
Barronsยท 2025-10-26 08:00
Core Insights - Individuals born before 1965 possess nearly two-thirds of the total wealth in the United States, indicating a significant wealth concentration among older generations [1] - The increase in stock market gains is contributing to the growing wealth of this demographic, further widening the wealth gap [1] Wealth Distribution - Approximately 66% of U.S. wealth is held by those born prior to 1965, highlighting the disparity in wealth accumulation across different age groups [1] - This demographic's wealth is primarily bolstered by stock market performance, which has seen substantial gains in recent years [1] Economic Implications - The concentration of wealth among older individuals may have implications for economic policy and social equity, as younger generations struggle to accumulate similar levels of wealth [1] - The ongoing stock market gains could lead to increased economic power for older generations, potentially influencing market trends and investment strategies [1]