Gen Z to Become the Wealthiest Generation by 2035

Daily Mirror
Soon-to-be 'richest generation' can't afford cost of living

Two years ago, Gen Z earned an income of $9trillion, but this figure could skyrocket to a staggering $36trillion by 2030 and $74trillion by 2040, according to the new report.

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Daily Mirror
AS
Neither houses nor cars, but Generation Z becomes the richest in history and this is why

With the high cost of living and the unstable job market has them strapped for cash, a recent report from Bank of America provides hope, predicting that Gen Z will in fact be the wealthiest generation in history within the next ten years.

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New York Post
This generation could be the richest one in 10 years — to the surprise of many

Despite a difficult job market, the report found that Gen Z’s wage growth increased 8% year-over-year last month, “the most among all generations” and approximately “twice as high as the overall median.” Gen Z will also be the beneficiaries of the “Great Wealth Transfer,” meaning they will inherit money from previous generations.

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New York Post

News Results

Gen Z To Become Richest Generation By 2035: Report
Those born between 1997 and 2012 are expected to amass over $74 trillion in income by 2040. Almost a third (32 percent) of Gen Zers surveyed by Bank of America said that they felt behind where their parents were at their age in meeting their financial goals.
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Gen Z may not be able to afford a house or the cost of living now—but give it 10 years. They're about to become the richest generation with $36 trillion amid the ‘great wealth transfer’
Gen Z is on track to gain $36 trillion and become the richest generation in 10 years. They may not be able to afford a house or the cost of living now, but soon they'll have the financial power to afford it. Gen Z is already splurging on everything from a dopamine hit to their pets.
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Generation Z Set To Become The Wealthiest Generation Ever
Generation Z is poised to become the wealthiest generation in history, according to a recent report from Bank of America. The report highlights that over the next…
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Gen Z to be richest generation by 2035: Report - Washington Examiner
Bank of America examined debit and credit data showing that Gen Z spent $2.7 trillion worldwide last year.
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