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The average millennial has an average net worth of $8k
- Retra 7y agoI thought 'millenial' referred to someone who entered adulthood and started participating in the economy at around 2000. Now it refers to people born 20 years later? Is every child going to be a millennial in perpetuity now?
- lunias 7y agoBaby boomers: 1946-1964 Gen X: early-to-mid 1960s to the early 1980s Millennials / Gen Y: early 1980s as starting birth years and the mid-1990s to early 2000s as ending birth years Gen Z: mid-1990s to mid-2000s as starting birth years I find both the names for these demographics as well as their loose temporal boundaries frustrating.
- unstatusthequo 7y agoI doubt even this number. Said nothing about student loan debt. My guess is many are squarely in the red for "net worth"
- rjkennedy98 7y agoI still don't understand using average for a metric like networth. Median and percentiles make so much more sense.