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November 7, 2011

Wealth Gap Between Young and Old Rapidly Increasing 
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A new analysis of census data shows the wealth gap between younger and
older Americans has rapidly increased in recent years. The typical U.S.
household headed by a person age 65 or older has a net worth 47 times
greater than a household headed by someone under 35. The wealth gap is
now more than double what it was in 2005 and nearly five times the
disparity a quarter-century ago, after adjusting for inflation. The
median net worth for younger-age households is now just $3,600, down by
68 percent from a quarter-century ago.



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