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Aug. 14, 2015
The third essay in the Center's "Demographics of Wealth" essay series, which looked at the role age plays in families' ability to build wealth, was featured in Bloomberg, Business Insider, Esquire and Elle magazines, the Financial Post, the Kansas City Business Journal, The Kansas City Star, the St. Louis Business Journal, the St. Louis Post-Dispatch, Money Magazine, U.S. News and World Report, The Wall Street Journal's Grand Central newsletter, The Washington Post, The Washington Post's Wonkblog and WonkWire. In the essay, the authors found that, although there may be downsides to old age, those 62 and older can take heart in knowing that the odds are in favor of their being wealthier than younger people. And the gap has widened considerably over the past quarter-century—in favor of old people.