Thanks for the great article. I am curious why the wealth share of 40-54 and Under 40 has dropped so sharply. From the bump in 55-69 range its clear that a huge chunk of population moved to 55-69, but why do we not see a bump in the Under 40 increase 40-54 range. Does it mean that baby boomers didn’t have that many liabilities and the Gen X and Millennials are relatively less wealth due to high asset prices and college loans?