The Wealth Roller Coaster
Describe the take home message from the chart:*
To zoom out even further than this chart and tell you the generational story of the last century. My grandparents were wealthier than their parents; my parents were wealthier than their parents; but I'm not going to be wealthier than my parents and my son is not going to be wealthier than me. Why is this?
What is the consequence of this?
How does this personally affect you?
What can you do about it?
What questions do you have about all this?
*These net worth numbers are adjusted for inflation which means that middle-class people were wealthier in 1969 than they are today.
