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Americans 70+ Hold Record Share Of Wealth

Photo by Erik Mclean / Unsplash

Federal Reserve data shows Americans aged 70 and older now hold 32% of total household wealth — a record share. Longer lifespans, asset appreciation, and demographic aging are concentrating wealth among retirees even as younger households struggle with housing and debt burdens.

Source: Federal Reserve, Distributional Financial Accounts | Via: @charliebilello on X

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