Latin Times5h
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 ...
Millennials are plagued by ‘phantom wealth’: Why the generation doesn’t feel rich despite their net worth quadrupling
Millennial wealth is surging, yet many still feel like they’re struggling because their cash is tied up in assets not readily ...
Net worth of millennials has quadrupled: Why some call it 'phantom wealth'
Collectively, millennials are now worth about $15.95 trillion, up from $3.94 trillion five years earlier, according ...
Millennials’ net worth has quadrupled to $16 trillion. But there’s a catch— ‘phantom wealth’
The generation collectively is now worth about, $15.95 trillion, per Federal Reserve data. The average older millennial is now approaching their middle adulthood, aged 38. Factoring how other ...
san3d
Millennials’ net worth quadrupled, but it’s mostly ‘phantom wealth’
New data from the Federal Reserve shows millennial wealth has nearly quadrupled since 2019 despite people in the age group being known for reaching key milestones, like getting married or buying a ...
NBC News3d
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 ...
NBC Los Angeles4d
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 ...