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A comment on Generation Z is unprecedentedly rich. Parent comment

Re:Generation Z is unprecedentedly rich by Free-is-Freedom on Wednesday April 17, 2024 @08:13AM (#40063503)
"Gave their children $100k" This is simply impossible for the overwheming majority of the population
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Re:Generation Z is unprecedentedly rich by ArtTimeInvestor on Wednesday April 17, 2024 @08:21AM (#40063609)
According to Google, $100K is less than 10% of the average american household wealth.
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Re:Generation Z is unprecedentedly rich by throaway893 on Wednesday April 17, 2024 @08:55AM (#40063950)
The average is completely irrelevant here. You'd have to look at the median household wealth of young parents (if they even have a household!).
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Re:Generation Z is unprecedentedly rich by vundercind on Wednesday April 17, 2024 @08:41AM (#40063818)
10% of median American household net worth would have been under $20,000 in 2023. And not all of that’s liquid (housing).
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