Wealth almost entirely belongs to the old. The median 60-year-old has 45 times (yes, forty-five times) the net worth of the median 30-year-old.
Hm, I think income might be a better measurement than wealth. I’m not sure what they count as wealth, since the link is broken, but a pretty large fraction of that may be due to the fact that 60-year-olds needs to own their house and their retirement savings. If the real reason that 30-year-old lack wealth is that they don’t need wealth, someone determined to give to charity might be able to gather money comparable to most 60-year-olds.
Hm, I think income might be a better measurement than wealth. I’m not sure what they count as wealth, since the link is broken, but a pretty large fraction of that may be due to the fact that 60-year-olds needs to own their house and their retirement savings. If the real reason that 30-year-old lack wealth is that they don’t need wealth, someone determined to give to charity might be able to gather money comparable to most 60-year-olds.