Older Households Draw More on Wealth as Younger Families Lose Ground

Older Americans’ accumulated wealth may be helping sustain consumer spending as retirement income and investment transfers provide additional spending capacity while younger households face greater housing and debt pressures. Inflation-adjusted median net worth rose 37% between 2022 and 2025 for families headed by someone age 75 or older, while it fell 23% for families headed by someone under 35. Median income for the oldest households increased 24%, compared with a 2% gain for households headed by someone under 35. Retirement-income growth appeared to play an important role in improving the net worth of older households.

Source: TokenPost