According to the central bank, those born between 1981 and 1996, better known as Millennials, control only 4.6% of the wealth in the country even though they make up the majority of the workforce, with around 72 million people.
While it is not unusual for younger people to accumulate
Because they are young. Would you expect an 18 year old to have 10 percent of the assets that say a 30 year old? Would you expect a 30 year old to have anywhere near the saved up assets as someone that is 70 and retiring after working 50 years?
It would be like saying it is unfair they have higher wages on average than the boomer generation. Being that later is half retired.