Wednesday, March 12, 2014

The Declining Fortunes of Young Adults

Percent change in average real net worth of households by age of householder, 1989 to 2013:Q3...

Under age 40: -8.5%
Aged 40 to 61: +65.4%
Aged 62-plus: +92.9%

Source: Federal Reserve Bank of St. Louis, Housing Crash Continues to Overshadow Young Families' Balance Sheets

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