Young Americans today are richer than ever before. According to a new report from the Treasury Department, people under 40 have seen their wealth skyrocket in recent years. But there’s a catch: despite this financial boom, many feel more economically vulnerable than ever. Why is this happening? Let’s break it down.

The Paradox of Wealth

In 2022, the median wealth for Americans aged 25 to 39 hit $80,500. That’s a huge jump from $23,750 in 2010, even after adjusting for inflation. On pa...