Your parents got a mortgage. You got a student loan.
Millennials are the largest workforce and the least wealthy…Let’s dig deeper, shall we?
First and foremost, Millennials hold only 4.6% of the national wealth. Now what if we told you that one single millennial, Mark Zuckerberg, owns 2% of all Millennial wealth. Seriously?
Other factors like race also play a significant part in these stats, with Black Millennials owning an average of just $5,000 in household wealth, compared with their white counterparts owning an average of $88,000. Oh, and we can’t forget the impending doom of student loan debt.
Want to dig even deeper? Read the full article for more, here.