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Reason: None provided.

The point of the graph is that the right edge for Millennials (last born 1990, aged 30 in 2020) is the same average age as the left edge for Boomers (last born 1960, aged 30 by 1990), and they're nowhere near caught up.

Also of note is that GenX-ers were at about 8% in 2005, so they were doing twice as well as Millennials are, and even at 45 with another 15 years of work, they haven't quite caught up to where the Boomers were at 30.

Of course, this is all thrown out of the window because a generation's 'share' of the overall wealth of a nation is not a per-capita statistic, Even today, the average Boomer could have the same amount saved up as the average member of Generation X, and the greater total amount would be held by Boomers.

2 years ago
1 score
Reason: Original

The point of the graph is that the right edge for Millennials (last born 1990, aged 30 in 2020) is the same average age as the left edge for Boomers (last born 1960, aged 30 by 1990), and they're nowhere near caught up.

Also of note is that GenX-ers were at about 8% in 2005, so they were doing twice as well as Millennials are, and even at 45 with another 15 years of work, they haven't quite caught up to where the Boomers were at 30.

The crazy thing is the Boomers were able to do all this while having 2-3 more children than subsequent generations.

2 years ago
1 score