Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below.
Ever since coming of age in the wake of the 2008 financial crisis, millennials have struggled to get ahead. Whether facing a bleak job market, a housing affordability crisis, or dealing with crushing student loan debt, this generation has overcome a great deal to find their financial footing.
But lately their efforts have been paying off, albeit slowly. A Fidelity Investments report from earlier this year shows the number of 401(k) millionaires reached 645,000 (1). That's a 26% increase from the year before, which Fidelity attributes to both steadier worker contribution rates and years of market gains. And millennials are finally showing up in that club, even if only in small numbers so far.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
JPMorgan sees gold hitting $5,000/oz by Q4 — and savvy investors are protecting their wealth with a tax-advantaged Gold IRA. Get your free guide from Priority Gold
#Gold #millennials #finance
Ever since coming of age in the wake of the 2008 financial crisis, millennials have struggled to get ahead. Whether facing a bleak job market, a housing affordability crisis, or dealing with crushing student loan debt, this generation has overcome a great deal to find their financial footing.
But lately their efforts have been paying off, albeit slowly. A Fidelity Investments report from earlier this year shows the number of 401(k) millionaires reached 645,000 (1). That's a 26% increase from the year before, which Fidelity attributes to both steadier worker contribution rates and years of market gains. And millennials are finally showing up in that club, even if only in small numbers so far.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
JPMorgan sees gold hitting $5,000/oz by Q4 — and savvy investors are protecting their wealth with a tax-advantaged Gold IRA. Get your free guide from Priority Gold
#Gold #millennials #finance
2 months ago
