US wealth gap between young and old widest ever

An analysis of the most recent census data revealed that households headed by a person 65 years or older has a net worth 47 times greater than one headed by a person younger than 35 years. While it makes sense that older persons accumulate more assets and wealth over time, the gap is twice what it was in 2005 and 10 times more than 25 years ago. Younger persons have been hit harder in the current economic downturn, with common troubles such as higher mortgage payments, student debt and unemployment at its highest since WWII. A staggering 37 percent of young household-heads have a net-worth of zero or less, and wealth-inequality is increasing within all age groups.

http://seattletimes.nwsource.com/html/nationworld/2016707710_apuswealthgapyoungandold.html