Two Cents

Are Millennials Finally Doing Okay?

The 2016 data looked pretty grim for Millennials. Not only had they accumulated less wealth than Gen Xers and Boomers at similar points in their lives, they were earning less income, had a lower rate of homeownership, and were delaying big life milestones like marriage and kids. But by 2019, the median Millennial household was making around $10,000 more previous generations did at the same age.