Younger Generations Lag Parents in Wealth-Building

The grey lady gets even grayer.
Master of the Obvious quote:

Because wealth compounds over long periods of time — a dollar saved 10 years ago is worth much more than a dollar saved today — young adults probably face less secure futures for decades down the road, and even shakier retirements.

As you might expect, the Times doesn't note that younger generations are looking at -- by the Treasury's estimate -- $100 trillion they're supposed to try to pay.