> Second, 18 to 35 is sort of a crazy range, it seems to me, since the net worth of the group is likely going to be dominated by those in their 30s who are mid-career.
And yet, it still
> has dropped 34%
If you break it down to two sub-demographics, I suspect there'd be an even larger disparity within e.g. 18-25 than there is with 26-35 for reasons such as student loans, but 18-35 would seem appropriate for what's perhaps an overgeneralized view of when most career trajectories and preferences plateau/harden.
Not sure if it's at all related to the key TV demographic of 18-34, but that wouldn't surprise me either for largely the same reason (hardening of preferences).
But I think that's kinda the point. People were previously building more wealth at a time in their lives when said wealth would have a more profound impact as they approached retirement age some number of decades later. The current generation occupying that demographic has been tragically stunted by stagnation in wage growth + inflation of education charges, and here in the United States, this may well impose a cascading detrimental impact on the health of the economy as a whole.