Average Net Worth Of Millennials By Age
Let's not sugar coat it - we're all a bit voyeuristic when it comes to other people's money. How much do you think they make? How much do you think they have? How did they afford that car? Can you believe that so and so is buying a house?
So let's focus on one metric - net worth. And let's talk about millennials - which is likely you, and is me too.
Why millennials? Well, the media seems to portray millennials as broke, unable to pay their student loans, and never able to buy a house. Millennials are supposedly delaying marriage and all sorts of stuff because they are poor and burdened by debt.
I don't think that's the case. With anything financially related, there is never an easy answer. But I think there are just as many millennials crushing it financially. I know first hand that some millennials are already millionaires. And the most recent Federal Reserve data shows older millennial net worth is growing at a massive rate.
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