I'd be very interested to see the impact of baby boomers on the distribution of wealth.
Remember: (1) wealth tends to be correlated with age and (2) baby boomers make up a much larger percentage of the population (i.e. age distribution is not equal).
If you have a large bolus of folks moving through their careers, the graph follows the typical wealth trajectory. Right now, baby boomers are at or near the peak of their wealth.
If you're interested in this subject, ZeroHedge has been compiling some very useful data regarding employment. Here's a link to two graphs that show the "age skew" at play in hiring for the past several years:
Comments
I'd be very interested to see the impact of baby boomers on the distribution of wealth.
Remember: (1) wealth tends to be correlated with age and (2) baby boomers make up a much larger percentage of the population (i.e. age distribution is not equal).
If you have a large bolus of folks moving through their careers, the graph follows the typical wealth trajectory. Right now, baby boomers are at or near the peak of their wealth.
If you're interested in this subject, ZeroHedge has been compiling some very useful data regarding employment. Here's a link to two graphs that show the "age skew" at play in hiring for the past several years:
http://www.zerohedge.com/sites/default/files/images/user5/im...
http://www.zerohedge.com/sites/default/files/images/user5/im...
Full article:
http://www.zerohedge.com/news/2014-10-03/hiring-grandparents...