This Is the Average Net Worth for Each Generation

Editor's Note: This story originally appeared on Self.

In 2021, the average net worth in an American household headed by a person age 64-75 reached over $1.2 million, while the average household headed by someone under 35 had a net worth of just $76,000.

With these massive generational wealth gaps, Self decided to dig deeper into the historical wealth distribution of different generations to understand whether the wealth gap has always been so vast.

In the U.S., household wealth has traditionally seen a relatively even distribution across different age groups. However, over the last 30 years, data from the U.S. Federal Reserve shows that older generations have been amassing wealth at a far greater rate than their younger cohorts. Here’s a closer look.

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