Younger people hate the boomers. Ok, I feel it too. But boomers got wealthy not just by buying homes cheap, having stock market investments - they could also put their $$ in the bank and get a significant return over time. A lot of boomers just did that. They aren't really wealthy, but they're comfortable because they spent less than they made - and their 4-6% bank interest built up over time. You can't do that today. That isn't because of "boomers" writ large. That is because of major financial institutions - investment banks, hedge funds, private equity outfits, venture capital - insisting on being bailed out for their scams and keeping interest rates low so that they could speculate with free money, total abandon and get wealthy. That means younger people cannot get any return on a bank account. When the Fed rate is basically 0, your deposit bank will also give you 0. So when you hate on the boomers, remember to focus that hate on the powers that be in finance - boomers or otherwise.