Millennials have an average net worth of less than $8,000 and have only seen a $29 income increase over the past 43 years when adjusted for inflation.
66% of millennials think they'll be wealthy one day — more than any other generation, a new MagnifyMoney survey found. Yet, millennials are financially behind other generations at their age. They have an average net worth of less than $8,000 and have only seen a $29 income increase when adjusted for inflation, according to new studies. Visit Business Insider's homepage for more stories. Millennials are optimistic about their financial future — perhaps overly so.
66% of millennials think they'll be wealthy one day — more than any other generation, a new MagnifyMoney survey found. Yet, millennials are financially behind other generations at their age. They have an average net worth of less than $8,000 and have only seen a $29 income increase when adjusted for inflation, according to new studies. Visit Business Insider's homepage for more stories. Millennials are optimistic about their financial future — perhaps overly so.
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