https://finance.yahoo.com/news/gen-z-is-doing-extraordinarily-well-saving-for-retirement-study-finds-131437228.html
Baby boomers had $162,000 in retirement savings, the survey found, while Gen X had $87,000 and millennials had $50,000.
"And as we look across generations and as a researcher, it's so exciting for me to see that younger generations, millennials and Gen Z, are starting at a much earlier age than their older counterparts," she added. "That is something they are doing absolutely right."
I'd like to meet my millennial peers who're millionaires they often write about.
They spent their entire life savings for a down payment and are living paycheck to paycheck to afford their mortgage
The house is worth over a million dollars
Boom, millionaire
Ehh, if they still owe a lot on their mortgage then that would bring their net worth below $1mil
I know a guy who might be close. His dad has a company that makes a ton of money and he keeps buying buildings for his kids who are also on the company payroll and own a percentage of the business.