> you'd expect the younger professionals of today would have comparative amounts of wealth to the boomers when they were young professionals. It's absolutely not the case

Source? The data I’ve seen indicate the median millennial is wealthier than the median boomer was at their age.

https://www.federalreserve.gov/releases/z1/dataviz/dfa/distr...

Boomers held significantly higher percentages of capital than millenials or genx holding age steady.

https://www.nber.org/papers/w27123

Studies have shown wealth declining for millenials while increasing for boomers.

https://www.self.inc/info/generational-wealth-gap/

And it's across multiple forms of wealth.