People Born in the 1980s Are the Worst Off Financially, Study Finds

People born in the 1980s are in danger of becoming the “lost generation” in terms of accumulating wealth, according to a study that examined how Americans today are doing compared to previous generations at their age.

The “Demographics of Wealth” study, conducted by economists from the Federal Reserve Bank of St. Louis, found that individuals born in the 1980s have 34% less wealth than what trends would predict for their age group. Those born in the 1970s are 18% behind where they...

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