Millennials Have 'Phantom Wealth' but May Not Feel as Rich
The median wealth of older millennials, between the ages of 36 and 45, was 37% above expectations, according to a report by ...
Millennials Hold Trillions In Wealth—Yet 'Phantom Wealth' Keeps Them Feeling Poor
An analysis of St. Louis Federal Reserve data in 2022 showed that younger families in the U.S. have actually made remarkable ...
Headline-grabbing economic statistics obscure the harsh realities many face
Californians need to demand better from their government and not be satisfied with macroeconomic headlines that might be good ...
Millennials’ net worth has quadrupled to $16 trillion. But there’s a catch— ‘phantom wealth’
Researchers looked at the combined value of nonfinancial assets, such as homes and cars, and financial assets, such as savings and retirement accounts. The generation collectively is now worth about, ...
The net worth of Americans in their 30s, early 40s has quadrupled to $15.95T — but they still don’t feel rich
The net worth of Americans in their 30s, early 40s has quadrupled to a stunning $15.95T — but they still don’t feel rich.
NBC News15d
Net worth of millennials has quadrupled: Why some call it 'phantom wealth'
Still, very few millennials would consider themselves wealthy. The disconnect between being rich on paper and feeling well off has been referred to as “phantom wealth.” For example ...
The net worth of Americans in their 30s, early 40s has quadrupled to a stunning $15.95T — but they still don’t feel rich. Here’s the problem with ‘phantom wealth’ a…
If you’re a millennial — that is, someone born between 1981 and 1996 — there’s a good chance you’re wealthier now than your ...
Fortune12d
Millennials’ net worth has quadrupled to $16 trillion. But there’s a catch— ‘phantom wealth’
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