According to the central bank, those born between 1981 and 1996, better known as Millennials, control only 4.6% of the wealth in the country even though they make up the majority of the workforce, with around 72 million people.
While it is not unusual for younger people to accumulate
I believe most millennials are out of grandparents at this point
Yep, the good ones were poor and didn’t live as long as the “wealthy” (not millionaires) ones. No inheritance for me. Hope my dad doesn’t spend it all on vacations so I’ve got something to sell when he goes i guess. :p
deleted by creator
Not really, people of the previous generations had their kids younger and life expectancy is pretty high for our grandparents. One is my grandmothers became a grandmother at 45 or so and that cousin is a first year millennial, she’s still alive and kicking, so is my other grandmother of about the same age. Some millennials have grandparents just entering their 70s!