Source: Bloomberg
A new study shows that with the rise in house prices and stock prices during the epidemic, the wealth of a "typical" American elderly people has risen by about $ 91,000 (the same is S $ 121,339).
The St. Louis Federal Reserve, the research on the financial survey data of the Federal Reserve consumer, showed that the growth of home net assets with a home of 65 or more from 2019 to 2022 was about $ 91,000.Family wealth growth of 40-64 years old is US $ 57,800.
According to the value, the family wealth of the family 18-39 is the smallest to the household's family wealth, at $ 30,600.However, due to the low base, its wealth has risen the highest percentage.
Recently, a report jointly written by Lowell Ricketts shows that elderly people usually have more wealth than young people, but in the past few years, the wealth of the elderly in the United States has increased more"" ".Lowell Ricketts is a data scientist at the Institute of San Louis Federal Economic Fair.
"But note that this is not a zero -sum game," Ricketts stated in an email. "For typical families in young groups, additional 30,000 US dollars can improve financial stability and economic liquidity"
The growth of net assets of the elderly is slightly more than half of the non -financial assets such as house value. Retirement accounts and other financial assets contribute 48%of the remaining.
In addition, the net assets of the elderly in different wealth levels have improved, although the top -level groups have the largest increase in wealth so far.The net worth of wealth reached or more than 90%of the total population of 65 and above, the net assets of wealthy people increased by about 893,000 US dollars.The group with wealth in the 10 % level increased by $ 1181.However, due to the low base, the increase in the wealth of the group was 20%based on the percentage.
