Millionaires Differ Significantly Across Generational Lines

After demonstrating how millionaires’ perspectives differ by gender, the Shullman Research Center is out with a new report showing that “millionaires have their own generation gap” too. Not surprisingly, on a demographic basis, Baby Boomers (aged 49-67) are overrepresented among millionaires (personal net worth of at least $1 million), comprising almost half of these adults, versus roughly one-third of the general population. But while millionaire Boomers skew heavily female, the opposite is true for Millennials (18-33). (more…)