TOP TIER
10/10/2024 |
US family inflation-adjusted wealth rose from $52 trillion in 1989 to $199 trillion in 2022. In 2022, the top 10% of families held 60% of wealth, up from 56% in 1989 and driven entirely by the top 1% whose holdings rose from 23% to 27%. Families in the bottom 50% of the distribution held 6% of wealth in 2002, unchanged from 1989. Retirement assets are 40% of total family wealth.