Wealth of seniors surged $91,000 in pandemic on housing gains

Byline: Michael Sasso Bloomberg News. The wealth of the typical U.S. senior climbed by about $91,000 during the pandemic years as home and stock values soared, new research shows. That was the median increase in net worth between 2019 and 2022 for households headed by someone age 65 or older, according to research from the Federal Reserve Bank of St. Louis, using data…