Can anyone confirm?
Sounds like a fairytale.
Good replies, found a relevant chart.

@gabriel I wonder if baby boomers have more wealth because of their timing in relation to the computer revolution (for lack of a better term).

If they got their careers in order by the mid-80s and started really saving for retirement then, wouldn’t their savings have absolutely exploded because of tech stocks and the growth of profitability of manufactured goods because of outsourcing to China?

(I’m mostly spitballing here.)