More than half of Americans believe they can build generational wealth

Six in 10 Americans believe they can build generational wealth.

A recent survey of 2,000 U.S. adults, half of whom are homeowners, found 63% are confident they can accumulate property, investments or other things with monetary value to be passed down from one generation to the next.

Of those respondents, nearly three-quarters (74%) believe they’ve already built generational wealth.

But homeownership isn’t the only way to do so: more people who live with their parents/family and don’t pay rent (83%), and renters (75%), feel they have already built generational wealth compared to homeowners (72%).