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 ...
USA Today12d
Millennials and Gen X want to share wealth now. Boomers will wait until they're dead.
Millennials and Generation Xers want to transfer wealth to the next generation during their lifetime, the survey found. Baby boomers prefer to wait until they are dead. More specifically ...
NBC Los Angeles3d
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 ...