Peaked at #2 Now #3
Young Americans' Net Worth Plunges
Unusual Whales cites Fed data that under-35 households' median net worth fell 23% since 2022, the worst of any group, while 75+ rose 37%.
Key points
- Since 2022, median net worth fell 23% for households under 35, the biggest drop of any age group.
- Households 75 and older saw the largest gain, up 37%, per the Federal Reserve.
- Other groups: 65–74 fell 4%, 55–64 rose 3%, 45–54 fell 6%, and 35–44 rose 5%.
Key points and the reaction summary are written by AI from the posts on this page. Check the original post. How we use AI
Original post
Top replies on X
Reaction on X: Replies were mostly sarcastic, framing the drop as a generational transfer: one top comment imagined a grandparent asking for a fourth part-time job to pay for their Social Security, and others mocked the "pull up your bootstraps" rhetoric and a proposed Social Security tax increase. No response from the original poster.
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From @magajcs, @Burnouts3s3, @DavidAcosta__ and others. Spam removed, with English and Chinese translations.
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