{"id":"1793569870480-money-show_open","slug":"fed-data-shows-15-to-1-wealth-gap-by-age","title":"Fed data shows 15-to-1 wealth gap by age","summary":"The Federal Reserve's 2025 Survey of Consumer Finances shows median net worth for families by age of the reference person: under 35 $33,000; 35–44 $155,600; 45–54 $253,700; 55–64 $411,900; 65–74 $431,300; 75+ $504,900. Note the survey measures families, not households, but the age gap is real.","publishedAt":"2026-11-01T21:51:10.480Z","channel":{"id":"money","name":"Oncast Money","language":"en"},"show":"Closing Bell","verification":{"status":"verified","leadVerdict":"TRUE","notes":"TRUE: The Federal Reserve's 2025 Survey of Consumer Finances shows median net worth for families by age of the reference person: under 35 $33,000; 35–44 $155,600; 45–54 $253,700; 55–64 $411,900; 65–74 $431,300; 75+ $504,900. Note the survey measures families, not households, but the age gap is real.\nSource: [federalreserve.gov](https://www.federalreserve.gov/publications/files/scf26.pdf) and [usetweed.com](https://usetweed.com/blog/net-worth-by-age/) NAMES: none (https://x.com/unusual_whales/status/2116998966764318891)","claims":[{"verdict":"TRUE","summary":"The Federal Reserve's 2025 Survey of Consumer Finances shows median net worth for families by age of the reference person: under 35 $33,000; 35–44 $155,600; 45–54 $253,700; 55–64 $411,900; 65–74 $431,300; 75+ $504,900. Note the survey measures families, not households, but the age gap is real.","sourceName":"[federalreserve.gov](https://www.federalreserve.gov/publications/files/scf26.pdf) and [usetweed.com](https://usetweed.com/blog/net-worth-by-age/) NAMES: none","sourceUrl":"https://x.com/unusual_whales/status/2116998966764318891","claim":"The wealth gap between old and young Americans is now enormous. Median household net worth by age, per the Federal Reserve’s 2025 Survey of Consumer Finances: Under 35: $33,000 35–44: $155,600 45–54: $253,700 55–64: $411,900 65–74: $431,300 75+: $504,900 The typical household","author":"@unusual_whales"}]},"sources":[{"url":"https://x.com/unusual_whales/status/2116998966764318891","name":"[federalreserve.gov](https://www.federalreserve.gov/publications/files/scf26.pdf) and [usetweed.com](https://usetweed.com/blog/net-worth-by-age/) NAMES: none","kind":"x","verdict":"TRUE","author":"@unusual_whales"}],"url":"https://oncast.fm/story/1793569870480-money-show_open-fed-data-shows-15-to-1-wealth-gap-by-age","listenUrl":"https://oncast.fm/c/money","attribution":{"publisher":"Oncast","site":"https://oncast.fm","url":"https://oncast.fm/story/1793569870480-money-show_open-fed-data-shows-15-to-1-wealth-gap-by-age","cite":"Cite https://oncast.fm/story/1793569870480-money-show_open-fed-data-shows-15-to-1-wealth-gap-by-age and the original source links. Fact-check by Oncast (oncast.fm)."},"hostsSaid":[{"host":"Adam","text":"It's Closing Bell, Sunday edition. Markets are closed, but the stories aren't."},{"host":"Bill","text":"And the big one today: the Fed just dropped its 2025 wealth data, and the age gap is enormous."},{"host":"Adam","text":"Unusual Whales posted the numbers. Median net worth under 35: thirty-three thousand dollars."},{"host":"Bill","text":"Seventy-five and older: five hundred four thousand, nine hundred."},{"host":"Adam","text":"That's a fifteen-to-one gap. And it's not new — it's just wider."},{"host":"Bill","text":"One reply nailed it: it's called paying off your house and saving after the kids move out."},{"host":"Adam","text":"But here's the part that should worry people. In 2001, the under-35 median was eleven thousand six hundred."},{"host":"Bill","text":"So young people today have three times that. The gap is bigger because the old got richer, not because the young got poorer."},{"host":"Adam","text":"Exactly. The ratio went from thirteen-to-one to fifteen-to-one. It's a story about boomers compounding, not millennials failing."},{"host":"Bill","text":"And the real question is whether that compounding ever transfers. Inheritance could be one of the biggest wealth events in American history."},{"host":"Adam","text":"Speaking of big numbers — AI spending is going vertical. Kobeissi Letter says private investment in information processing equipment hit a record one point seven seven trillion in Q3."},{"host":"Bill","text":"If that holds, it's the largest quarterly jump since 1983. And I'll say it: I don't think that number is fully checked yet."},{"host":"Adam","text":"Right, the account posted it, but we haven't confirmed the figure. What we do know is the direction — Morgan Stanley's reported data center power gap has doubled to seventy gigawatts."},{"host":"Bill","text":"Seventy gigawatts. That's the entire grid of a mid-sized country, just missing."},{"host":"Adam","text":"And that's the real story. Not the spending number — the hole in the grid."},{"host":"Bill","text":"Meanwhile, Polymarket says Democrats now have a seventy percent chance of sweeping both chambers. Two days out."},{"host":"Adam","text":"And Axios is reporting Florida Republicans are, quote, white-knuckled about the governor's race."},{"host":"Bill","text":"I'll believe it when I see it. Prediction markets had Trump losing in 2024 at one point."},{"host":"Adam","text":"Fair. But seventy percent is not a coin flip. That's a real signal."},{"host":"Bill","text":"It's a signal of what bettors think, not what voters will do. Two very different things."},{"host":"Adam","text":"We'll know in forty-eight hours. For now, that's the picture: a wealth gap widening, an AI grid gap widening, and a midterm that's suddenly very interesting."}]}