The average millennial has a net worth of $8,000. That’s far less than previous generations.

Millennials are doing far worse financially than
generations before them, with student loans, rising rents and higher
health-care costs pushing the average net worth below $8,000, a new
study shows. The net worth of Americans aged 18
to 35 has dropped 34 percent since 1996, according to research released
Thursday by Deloitte, the accounting and professional services giant.

Publisher: Washington Post | Author: Abha bhattarai

TAGS
99 percent and economy
DATE PUBLISHED
2019-06-04 (Modified: 2019-06-04)

STAR RATING
VIEW RESOURCE
https://www.washingtonpost.com/business/2019/05/31/millennials-have-an-average-net-worth-thats-significantly-less-than-previous-generations/?fbclid=IwAR0k0fkWyEabqdABdNnHxAbYkBrAXeP0MbDeASwjwUssYsI5sfuAZwsDCvo&utm_term=.0db3a6b3d509

Leave a Reply