The kids are not alright
Feb 17, 2021
Did you know that the median net worth of Americans under 35 has declined by 68% since 1984?
Connected to that, the portion of wealth owned by Americans under 40 has gone from 19% to 9% since 1989?
Why? Because opportunity for youth to accumulate wealth went through a MASS EXTINCTION EVENT in 2008.
“Americans in their 20s and 30s lost the most wealth in the recession and have been the slowest to recover.”
2020 and the COVID crisis has been the second mass extinction event for opportunity in the last 20 years. The kids are not alright.
We are an entire generation of people renting our space in society.
No wonder we want a sense of ownership and independence in our work…where else would we get it?
