According to the report: “As a result of these divergent trends, in 2009 the typical household headed by the older adult had $170,494 in net worth, compared with just $3,662 for the typical household headed by the younger adult. People generally accumulate wealth as they age, so it is not unusual to find large age-based gaps on this measure. However, the current gap is unprecedented. In 1984, the age-based wealth gap had been 10:1. By 2009, it had ballooned to 47:1.”
November 13, 2011
PewResearch: Old Prosper Relative to Young With 47:1 Age-Based Wealth Gap
Gregory T Donovan
Assistant Professor of Communication and Media Studies
Posts by Gregory T Donovan
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People, Place, and Media in the Contemporary City
April 8, 2014
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Affording the ‘Right to Research’: Doing Critical PAR with Open Source Technologies
October 19, 2012
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Affording the ‘Right to Research’: Doing Critical PAR with Open Source Technologies
October 19, 2012
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Doing Participatory Research and Pedagogy in Proprietary Educational Environments
October 8, 2012
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Cost Was Here
September 8, 2012
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