Wealth of American Millennials Hits Historic High

[Matt Collins]

SOURCE:

https://posts.voronoiapp.com/wealth/Wealth-of-American-Millennials-Hits-Historic-High-1526

 

[acptulsa]

Everything hits record highs when the currency crashes.

 

[jkr]

yet drafting jobs STILL pay between 15-30 an hour...it hasnt moved in TWENTY YEARS!!!

 

[oyarde]

All of that would generally be tied to a 401k and a home equity , so really once stock market / housing market corrects from a 13 year up market most of it will evaporate. Exceptions would be gold , bitcoin , land and it is probably a tiny amount of this wealth

 

[Madison320]

All of that would generally be tied to a 401k and a home equity , so really once stock market / housing market corrects from a 13 year up market most of it will evaporate. Exceptions would be gold , bitcoin , land and it is probably a tiny amount of this wealth

I'm guessing 90% of that 250k is the house.

 

[oyarde]

I'm guessing 90% of that 250k is the house.

I figured 1/2 and 1/2 401K for 1/2 not owning but yea