u/Global-Thought-1049

What the chart shows: the % of U.S. households who self-report they "sometimes" or "hardly ever" pay their credit card balance in full each month, broken out by age of the household head.

Two terms, since they come up a lot:

• Revolver = household carrying a balance month-to-month and paying interest on it. About 32% of U.S. households (~43 million homes).
• Transactor = household paying in full nearly every month. The majority — about 58%.

At age 65–74, the top 10% of US households have $3,005,220 in net worth and the bottom 10% have $4,896.

The gap doesn't grow proportionally with age. It widens almost 8x from $379K (under 35) to $3M (65–74).