· Fact-checked before it aired. Unconfirmed claims from this segment are not shown.
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.
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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.
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
AIt's Closing Bell, Sunday edition. Markets are closed, but the stories aren't.
BAnd the big one today: the Fed just dropped its 2025 wealth data, and the age gap is enormous.
AUnusual Whales posted the numbers. Median net worth under 35: thirty-three thousand dollars.
BSeventy-five and older: five hundred four thousand, nine hundred.
AThat's a fifteen-to-one gap. And it's not new — it's just wider.
BOne reply nailed it: it's called paying off your house and saving after the kids move out.
ABut here's the part that should worry people. In 2001, the under-35 median was eleven thousand six hundred.
BSo young people today have three times that. The gap is bigger because the old got richer, not because the young got poorer.
AExactly. The ratio went from thirteen-to-one to fifteen-to-one. It's a story about boomers compounding, not millennials failing.
BAnd the real question is whether that compounding ever transfers. Inheritance could be one of the biggest wealth events in American history.
ASpeaking 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.
BIf 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.
ARight, 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.
BSeventy gigawatts. That's the entire grid of a mid-sized country, just missing.
AAnd that's the real story. Not the spending number — the hole in the grid.
BMeanwhile, Polymarket says Democrats now have a seventy percent chance of sweeping both chambers. Two days out.
AAnd Axios is reporting Florida Republicans are, quote, white-knuckled about the governor's race.
BI'll believe it when I see it. Prediction markets had Trump losing in 2024 at one point.
AFair. But seventy percent is not a coin flip. That's a real signal.
BIt's a signal of what bettors think, not what voters will do. Two very different things.
AWe'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.