ST. LOUIS ― Wealth recovery after the Great Recession has been slow for younger families. The typical family headed by someone born in the 1980s fell further behind the path of wealth accumulation typical of earlier generations at the same ages. Economists at the Federal Reserve Bank of St. Louis will address this topic Wednesday, April 18, 2018, as part of Dialogue with the Fed, the St. Louis Fed’s free evening lecture series for the general public.
Who: Researcher Lowell Ricketts will compare and contrast three decades of wealth gains and losses experienced by typical families headed by people born between 1930 and 1989. To compare apples to apples, the disparate experiences of different generations are compared at the same stages in their life cycles. Ricketts, of the St. Louis Fed's Center for Household Financial Stability, will zero in on young Americans and discuss their prospects for getting back on the track of lifetime wealth accumulation established by earlier generations.
When: 6 p.m. April 18, 2018
Where: Federal Reserve Bank of St. Louis
One Federal Reserve Bank Plaza
Broadway and Locust Streets
St. Louis, Mo. 63102
Open registration is available at https://www.stlouisfed.org/events/2018/04/dwtf-041818.