• uis@lemmy.world
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    1 year ago

    What’s wrong with 55-64 generation? Where did they get all that money?

    • MajorHavoc@lemmy.world
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      1 year ago

      For all of the 50+ having the most, in general, we may just be seeing the baseline principle that time-in-the-market beats other effects.

      For why they have more than their 60s and 70s counterparts, I can only guess.

      My guess is the 55-64 generation has less conservative investments than their 60s and 70s counterparts, so they raise higher on a strong market, and fall further in a weak market.