Millennials are ‘delusional’ about how rich they’re going to be

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65% of millennials ages 22-37 say they’ll reach seven-figure wealth by age 45

 

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And their lifestyle

Baby boomers and gen x are delusional about they’re sales marketing and psychological tactics they’ve used in the past to manipulate the masses for their personal gain.

Once they get everything for free. They'll have a ton of discretionary income. Duh!

😁 work work work work

You’ve just described American capitalism perfectly.

What does that even mean ? Never heard any talk about that ..they seem more concerned about getting a job & out of school debt .. 😳

Yet 80% of millennials vote for high taxes on the wealthy?

marketexclusive A plurality also support socialism over capitalism.....Not exactly our 'brightest generation'....might be our most indoctrinated though....

🤨

Certainly not if they elect the socialist they praise.

So were all the baby boomers from my period. We thought the same thing. Is this really news...lol

That’s not that hard. 25 years investing $10k per year at 10% interest and you’re there. Basic math. Although when you’re in your 30s you should be maxing out that 401k contribution, not just $10k and be more conservative in investments

And they also think they could do it by sitting in front of a computer or on the smart phone.

Pay your debt off, invest in Roth Accounts (IRA and 401k), learn to say “no” and “not now” don’t by stupid stuff. My projections have my wife and I at late 40s but point remains that it is possible. And we both have $40k jobs so it’s not like we are making six figures every year.

They expect to become millionaires with waning salaries, inflationary economic cycles, overconsumption, and increasing workplace competition? Makes sense. 😂

ina31806 😂😂😂😂

Seriously, that's not all they're delusional about.

Better to set that goal then to not. At least it is something to work at. 5% at most will. 30% percent will have a drug addiction and a minimum wage job. 20% will still be living with parents. 10 % will make 50 to 75k a year.

This is why we can’t tax rich people.

This just in, we hate millennials

By 40

Where is the lmaof button on here?

Pipe dreams I said the same damn thing

They are not likely to hold down a job long enough to have a decent social security, let alone seven figures. These are laziest bunch of people I ever met in my life. Nothing motivates them to take on a challenge.

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