US wealth gap widens as over-75s pull further ahead of under-35s

The distance between America's oldest and youngest households is getting wider, not narrower. Per the Survey of Consumer Finances, households aged 75 and up have watched their relative net worth rise significantly since 1983. Households under 35, on the other hand, have seen their portion of average household wealth thin out.

The finding was flagged by Cointelegraph. It points to a split that has been building across four decades of American household finances, with the oldest group's relative standing improving while the youngest group's fades.

The two ends of the age curve are moving in opposite directions on the same scoreboard. Older households hold a bigger relative piece of the pie than they did in 1983. Younger ones hold less.

What's fueling the drift isn't laid out in the data. The survey records the outcome — who ends up with what share — rather than the reasons behind the shift.

No policy response or fresh data release accompanied the finding. The takeaway stands on its own: in relative terms, the oldest US households are further ahead than they were in 1983, and the youngest are further behind.