The barrier to entry for investments used to be pretty high. Most people felt limited to what their employers offered. Even as access started getting easier, the knowledge was still difficult to get.

Currently, the barrier to entry has never been lower, and the access to information has never been better. I don't see either of those things changing any time soon.

Of course, even with that, basic financial literacy with younger generations seems to be at an all time low. The finger pointing on that could go in many directions.

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bradleyjg 5 hours ago | parent [-]

Yes, the finger pointing can and does go in many directions. Meanwhile the observed pattern is the boomers (actual boomers) get the golden path and every other generation doesn’t. Maybe they were uniquely virtuous and wise.

Strongly doubt the xennials will be as rich in twenty five years as 70 year olds are now.

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bryanlarsen 4 hours ago | parent [-]

I'd definitely take the other side of that bet. Xennials are significantly richer today than boomers were 25 years ago, generally own their house and have a 401K or similar.

Xennials have benefitted from the same forces that made the boomers rich. They're not young adults.

Xennials were at prime house buying age when houses were really cheap after the 2008 housing crash.

	▲	bradleyjg 4 hours ago \| parent [-]
		https://en.wikipedia.org/wiki/Case-Shiller_index#/media/File... If you bought at exactly the right second of the crash, houses were where they were at the peak of the late 80s bubble.