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Gen Z started building wealth at 19—13 years before boomers did. Most still say they can’t get ahead

A new U.S. Bank survey finds 56% of Gen Z did everything “right” financially and still aren’t where they hoped to be. Sky-high housing, tuition, and car costs explain why—and employers are starting to notice.
Gen Z followed the yellow brick road. But playing by the rules hasn’t gotten them where they hoped. The youngest generation in the workforce reports starting to build wealth at 19 on average, according to U.S. Bank’s 2026 Wealth Survey of 5,000 U.S. adults, conducted June 15 through July 1. Millennials began at 25, Gen X at 29, and boomers at 32. Building wealth, though, doesn’t always equal building…
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