August 30, 2019

The cost of being a Millennial

Axios -Millennial home ownership is 8 percentage points lower than previous generations at this age. 

Student debt is at $1.5 trillion, with defaults rising. 

Just 37% of Americans under 35 owned stocks last year, vs. 55% in 2001.

"The net worth of your average Millennial household is 40 percent lower than for Gen X households in 2001 and 20 percent lower than for Baby Boomers’ households at the end of the 1980s," notes Annie Lowrey in The Atlantic.

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