Why you're less likely to get rich these days if your parents aren't already wealthy
- Written by Tom Wernham, Research Economist, Institute for Fiscal Studies
Younger generations are finding it harder to meet traditional financial milestones.Kmpzzz / ShutterstockImprovements in living standards over generations have been taken for granted in recent history, but these days young people are looking worse off than their parents in one major area: wealth.
Income and wealth have evolved at very different...
