this post was submitted on 10 Sep 2023
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[–] [email protected] 4 points 1 year ago* (last edited 1 year ago) (1 children)

40-54 year olds were 7-21 years old in 1990. That group had >30% of wealth? I have some doubts about these charts.

[–] [email protected] 14 points 1 year ago (1 children)

That's because you're reading the chart wrong. It's showing the change in wealth for those age brackets across time.

People that were 40 in 1990 had a bigger share of the wealth than people who are 40 in 2020.

[–] [email protected] 11 points 1 year ago

Ah, I see. Thank you.