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."
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