Visualizing $156 Trillion in U.S. Assets, by Generation

The distribution of wealth is an important measure of the economic power of each generation. In the U.S., for example, baby boomers own half of the nation’s $156 trillion in assets despite making up 21% of the country’s population. To learn more about U.S. wealth by generation, we’ve visualized Q4 2022 data from the Federal Reserve that break down both the assets held by each American generation.

Assets by Generation

Baby boomers’ biggest category of assets is Equities & Mutual Funds, where they own 56% of the national total. Millennials, on the other hand, represent just 2%. Where millennials do have more wealth is Real Estate, with 12% of the national total. This suggests that millennials have, for the most part, foregone investing in financial assets in order to purchase a home.

See an expanded version of this article (which includes liabilities by generation) at visualcapitalist.com