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US real median family income is finally above its last peak.
2018 millennials and money survey (Link)
53% of millennials expect to become millionaires at some stage in their lives. Breaking it down further shows that 73% of male millennials and 38% of females expect to become millionaires at some stage in their lives. Maybe in a world of hyperinflation.
Only 50% of millennials invest in the stock market. This also includes employer-sponsored retirement and brokerage accounts. Male millennials are much more likely than female millennials to invest in the stock market at 66% vs. females at 39%.
When asked what they are saving for, vacations ranked the highest with 43% of millennials saving for their next vacation. The second highest was adding to their emergency funds or retirement accounts. 21% of millennials are saving for a down payment on a house.
53% of millennials expect to become millionaires at some stage in their lives. Breaking it down further shows that 73% of male millennials and 38% of females expect to become millionaires at some stage in their lives. Maybe in a world of hyperinflation.
