The post-war baby boomer generation is often seen as a ‘fortunate’ generation, holding the majority of the wealth in this country. Many in this generation have benefited from rising property values, gold-plated final salary pensions and booming stock markets during their working lives. As a result, those older members of society tend to hold a lot of wealth. Those on the cusp of retirement in England, aged 55-64, had average housing wealth of £185,000 and other wealth excluding pensions of around £33,000.