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Started By
Message
re: 1 in 6 millennial: $100k saved in bank
Posted on 1/23/18 at 8:35 pm to TJGator1215
Posted on 1/23/18 at 8:35 pm to TJGator1215
I don’t think 1 in 6 of any aggregate age grouping has $100k stashed away.
0
Posted on 1/23/18 at 8:35 pm to TJGator1215
Well, there goes the myth that times are soooo tough for millennials
Posted on 1/23/18 at 8:36 pm to VABuckeye
quote:likely more than they can afford
How much equity does the average boomer have in their home?
Posted on 1/23/18 at 8:37 pm to jimbeam
That made no sense.
Posted on 1/23/18 at 8:37 pm to TJGator1215
quote:
Sixteen percent say
Posted on 1/23/18 at 8:37 pm to VABuckeye
They likely bought a house that overextended their budget and forced them to work until 75 years old. Happy?
Posted on 1/23/18 at 8:37 pm to TJGator1215
Something tells me "in the bank" really means banks, retirement plans, etc.
Posted on 1/23/18 at 8:38 pm to TJGator1215
quote:
1 in 6 millennial: $100k saved in bank
No friggin way. Maybe 100k of assets (not including student debt)
Posted on 1/23/18 at 8:38 pm to VABuckeye
Less than half have a significant pension... that's for sure.
Spin it how you want... 17k is pathetic. Anything less than 250k is pathetic.
Spin it how you want... 17k is pathetic. Anything less than 250k is pathetic.
Posted on 1/23/18 at 8:38 pm to TJGator1215
quote:
Sixteen percent say they have $100,000 or more in savings,
Typical OT shite right here. It’s no different than the goofballs here that talk about buying cars and houses with cash; make $200k a quarter and think Emma Watson is a solid 7.
Posted on 1/23/18 at 8:39 pm to VABuckeye
quote:
How much equity does the average boomer have in their home? What boomers have pensions? It’s not just about what they have in savings.
Lmao is their home yielding anything for them to live off of?
Posted on 1/23/18 at 8:40 pm to Lou Pai
quote:
Lmao is their home yielding anything for them to live off of?
RV life.
Posted on 1/23/18 at 8:40 pm to Paul Allen
quote:
37 years old is a millennial?
I watched a History Channel documentary on GenX over the past few days and they classified that generation as 1961-1981. 37 sounds like it would be right on the border of the 2 generations.
Posted on 1/23/18 at 8:40 pm to TJGator1215
I didn’t know Starbucks had a 401k program.
Posted on 1/23/18 at 8:41 pm to Lou Pai
quote:
Lmao is their home yielding anything for them to live off of?
It could yield them not having to pay a mortgage anymore, which is pretty important
Posted on 1/23/18 at 8:42 pm to GreatLakesTiger24
How is it spin? If they bought a house for $200k in 1985 and that house is now worth $700k then they have an exit. Just taking into account money in the bank when they likely have other significant assets is stupid.
Posted on 1/23/18 at 8:42 pm to TJGator1215
quote:
The perception that Millennials — Americans between the ages of 23 and 37
That’s a huge range. All those over 30 shouldn’t necessarily categorized as millennials IMO, and those over 35 definitely aren’t. 32 is about the breaking point I’ve found, personally.
Also, if you’re over 35 and don’t have 100k save you’re a complete rahtard.
Posted on 1/23/18 at 8:42 pm to Lou Pai
quote:they could airbnb their guest room, but they were so bad at parenting their 27 year old kid still lives with them
Lmao is their home yielding anything for them to live off of?
Posted on 1/23/18 at 8:43 pm to TJGator1215
I can say anything if I don’t have to provide any evidence
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