Wealth of 1980's kids half 1970's

Did you know that people in their early thirties have half the median wealth of those born in the 1970s, according to a report from the Institute for Fiscal Studies.

Those born in the 1980's have a median average net household wealth of £27,000 per adult, including housing, financial and private pension wealth, the study found. This is about half the median wealth those born in the 1970's had at around the same age, £53,000.

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