Millennials Have 'Phantom Wealth' but May Not Feel as Rich
The median wealth of older millennials, between the ages of 36 and 45, was 37% above expectations, according to a report by ...
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 ...
Millennials Hold Trillions In Wealth—Yet 'Phantom Wealth' Keeps Them Feeling Poor
An analysis of St. Louis Federal Reserve data in 2022 showed that younger families in the U.S. have actually made remarkable ...
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 ...
NBC News10d
Net worth of millennials has quadrupled: Why some call it 'phantom wealth'
The disconnect between being rich on paper and feeling well off has been referred to as “phantom wealth.” For example, gains in the value of a home or a retirement plan can feel like ...
NBC Los Angeles10d
Net worth of millennials has quadrupled: Why some call it ‘phantom wealth'
The disconnect between being rich on paper and feeling well off has been referred to as "phantom wealth." For example, gains in the value of a home or a retirement plan can feel like phantom ...