04/20/2026
Baby boomers now control more than $85 trillion and over half of U.S. wealth, despite being less than 20% of the population. Millennials and Gen Z make up 42% of Americans but hold only about 10%. “When it comes to the nation’s financial picture, older generations are way overrepresented and younger generations underrepresented,” says Jake Krimmel of Realtor.com®.
Even in 1995, boomers held 30% of wealth and 40% of real estate. “So it really is the case that boomers have been on top for their whole adult lives, leaving other generations behind and worse off,” he adds.
