Fed survey finds growing wealth divide between older and younger Americans
According to a new Federal Reserve survey, the median net worth of people 75 and older climbed 37% between 2022 and 2025. Younger families saw their financial position weaken during that time, expanding the wealth divide.
A new Federal Reserve survey tracks changes in wealth from 2022 to 2025. It found that the median net worth of people 75 and older increased by 37 percent. During the same period, younger families experienced a weaker financial position. Those contrasting results point to a growing wealth gap between older and younger Americans. The survey offers a snapshot of how different age groups fared financially over the three-year period.
The widening wealth divide could affect younger families’ ability to build savings and plan for the future, while older households may feel more financially stable. It may also shape public discussion about economic opportunity across generations. Because the survey covers a set period, its findings may not reflect every household’s circumstances, but they could influence how people view financial security by age.