Read Delete: Assets & Debt Across Three Generations
Analyzing data from the Federal Reserve, the above infographic illustrates the difference in debt and assets between Millennials, Gen Xers and Baby Boomers. Taking into consideration aggregate assets each generation holds, such as home equity, other financial assets like stocks, business assets, equity in a vehicle and real estate, the total debt each generation has is categorized in red. As you can see Millennials average debt is the highest out of the group. Read more about why Millennials carry more debt.
Source: How Much
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