
Young Adult Home Ownership Rate
The homeownership rate for young adult households has declined
https://www.pgpf.org/chart-archive/0227_young_adult_home_own
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The homeownership rate for young adult households has declined
https://www.pgpf.org/chart-archive/0227_young_adult_home_own
The aging of the baby boom generation will boost the number of Americans age 65 and older.
The elderly population is growing rapidly and living longer.
https://www.pgpf.org/chart-archive/0045_elderly-population-trends
Debt levels have risen in many sectors of the economy.
8 million people — roughly the population of Massachusetts — have student debt greater than $50,000.
The Administration uses rosy economic assumptions.
https://www.pgpf.org/chart-archive/0268_rosy_economic_assumptions
The U.S. personal saving rate has fallen sharply over the past 40 years and remains low.
The U.S. national saving rate has declined significantly since the mid-1960s.
Despite recent declines, U.S. household debt is still very high relative to disposable income.
By 2050, the US will be very different than it is today. Adults aged 65 and over will outnumber children under the age of 18, and our population will be much more racially and ethnically diverse, the young much more so than the old. With those changing demographics as a backdrop, the US 2050 project examines the socioeconomic developments and fiscal choices we make today that will determine standards of living decades from now.