Baby Boomers Over 70 Hold More Than 30% of Wealth in the US - Bloomberg

Most don’t work anymore, but Americans age 70 and older have seen their share of collective wealth surge during the pandemic.

As a group, these older baby boomers have accumulated more than $14 trillion in additional net worth since the end 2019, based on Federal Reserve data. Their share of the country’s wealth has jumped to a record 30% last quarter, even though they account for 11% of the population.

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Baby Boomers Over 70 Hold More Than 30% of Wealth in the US - Bloomberg
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