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>Young people in the US can save up extraordinary amounts of money Can they actually though, at the median? There's always outliers, and the US is the land of
by dublinben 3y ago
>Young people in the US can save up extraordinary amounts of money
Can they actually though, at the median? There's always outliers, and the US is the land of uncommon opportunity, aka wealth inequality. Cursory research shows that young people (i.e. Generation Z)[0]:
* Their average salary was $32,500 in 2021
* 46% are living paycheck-to-paycheck
* Nearly 40% have no investments
* They have on average $20,900 in student debt, 13% more than Millennials
* Over a quarter of are not confident that they will be able to retire comfortably
[0] https://finance.yahoo.com/news/gen-z-average-net-worth-224840608.html https://finance.yahoo.com/news/gen-z-average-net-worth-22484...
- legitster 3y agoAre there any comparison statistics for Swedish Gen Z? Aside from student debt, these are all pretty dang good averages for people in their 20s.