Millennials feel financially stuck despite making more, likely due to death of middle class.

From Yahoo Finance: 2025-05-18 10:27:00

Millennial wealth has surged by over $12 trillion in the last five years, reaching a collective $16.26 trillion. Despite this growth, many still feel financially insecure. Experts attribute this to the death of the middle class, trapping millennials in a cycle of financial stagnation. Gen Xers and Baby Boomers had lower net worth at the same age.

Many millennials struggle to achieve financial security, feeling stuck despite making more than previous generations. Rising costs for housing and insurance, along with inflation, push the markers of the American Dream further out of reach. This financial squeeze not only impacts the economy but also takes an emotional toll on millennials, affecting their ability to make long-term plans.



Read more at Yahoo Finance: ‘The Middle Class Is Dead,’ Why So Many Millennials Feel Stuck, Despite Making More Than Previous Generations