https://www.stlouisfed.org/community-development/publication...
"While trailing Gen Xers for the beginning of their adult lives, younger American households’ average wealth began to exceed that of Gen Xers at about age 30, reflecting historically high wealth levels following the COVID-19 pandemic." I have a feeling that average wealth adjustment falls very heavily on the home owners, which is only just above half of all the cohort. Had a similar thing happened to boomers in 89, almost 70% would have benefitted.
I think it's also worth pointing out: The share of wealth held by boomers in 89 (why 89? Because they didn't have data before that. It's why the graphs start in a weird spot and why it's not a great study unless you're trying to pull out a "gotcha" stat) represented almost 20% of the total wealth in the country. "Millenials/GenZ" has a hold on only HALF that percentage.
Doctors may hate your one weird statistic, but socio-demographists probably don't...
I work in project management for a massive multi-national, about as "businessy business" as you can get, and my moon-shining, hog-raising cousins give me shit for being a sellout (we grew up showing and milking cows together) but we all still can sense a vibe about "certain types from the big city" that's more about respect and shared culture that any sort of financial, social, political, or other illiteracy/incompetence.