Age is among the strongest predictors of household wealth.  Many more factors are associated with wealth differences - being paired, education, race/ethnicity, employment status, geographic region, parents' SES, and much else - but age's effect is very strong net of them.

So what counts as comparatively "rich" or "poor" by age group?   Check out this post, which includes R script.  https://josephnathancohen.info/posts/net-worth-by-age-group/

Joe



Joseph Nathan Cohen
Associate Professor of Sociology
Director of Queens Podcast Lab
City University of New York, Queens College
Powdermaker 252
6530 Kissena Boulevard
Queens, New York 11367
Web: www.josephnathancohen.info
Email: joseph.cohen@qc.cuny.edu
Twitter: @jncohen