Baby boomers aren’t the problem — the rich are.

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Iwas inspired by this piece in the Boston Globe, about how baby boomers have ruined everything, to go into the Survey of Consumer Finances and see just how well the boomers are actually doing, at least as far as wealth goes. The answer, as with all things, is it depends on what class of boomer you are talking about. Rich boomers are doing well. Poor boomers are not.

For these figures, I used the 2013 Survey of Consumer Finances and isolated households whose head was between the ages of forty-nine and sixty-seven in 2013 (meaning they were born between 1946 and 1964). The dollar figures are all in 2013 dollars.

Related: Don’t Blame the Boomers
Baby boomers aren’t the problem — the rich are.

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