According to the central bank, those born between 1981 and 1996, better known as Millennials, control only 4.6% of the wealth in the country even though they make up the majority of the workforce, with around 72 million people.
While it is not unusual for younger people to accumulate
Baby Boomers: $78.1 / 53%
Generation X: $46.0 / 28%
Millennials: $13.3 / 6%
Source
Gen X: Y’all are getting money?
I wasn’t until my mid forties. Finally making money.
Basically same. Except I don’t make ahmazing money, I just was lucky enough to buy a condo in 2010 so I have a low mortgage and great interest rate then finally started making acceptable wages around 40. I’d starve if I had to move out of this place but for my cost of living I make good money.
“The federal reserve classifies everyone born after 1981 as millennials.” It’s official, gen Z ain’t real.
That makes sense, because most days I don’t feel real.