The Savings Millennials Have in Their 401(k) Plans and Its Significance
Important points Fidelity projects that the typical 401(k) balance for Millennials, aged 29 to 44 in 2024, will be around $67,300, with a contribution rate of 8.7%, which is the second lowest among generations. Transamerica Retirement Research Center’s findings suggest that the median retirement savings for Millennials is even lower, at $65,000, indicating that half […]
Married millennials, brace yourselves for the crypto divorce risk.
Divorce and Cryptocurrencies: Navigating Asset Division Divorce often brings up the tricky issue of how to split shared assets. In many situations, it’s a straightforward process. However, when it comes to beloved pets or aquariums, things get complicated. Now, add cryptocurrencies to the mix, and the situation can become quite convoluted. With many households still […]
Will You Become a Millionaire in Retirement? Here’s What the Data Shows for Millennials
What Millennials Save in Defined Contribution Retirement Accounts Average Median 25-34 $42,640 $16,255 35-44 $103,552 $39,958 Median Amount Millennials Can Save by 2055 In our analysis, we looked at two generation age groups: ages 25-34 and 35-44. If we take a midpoint for each group, that gives us approximately 30 years old and 40 years […]
What seniors can gain from Gen Z and Millennials about health
Trusting your instincts, especially regarding health, can be a good thing. It seems some generations are more willing to share their health experiences than others. Dr. Wendy Lebret, a gastroenterologist, suggests that baby boomers and older generations might learn a thing or two from their younger counterparts. In her experience, many of her older patients […]
Trump and Vance Achieve Big Victory for Nostalgic Millennials
Trump Administration Takes Credit for Ending Console Wars The Trump administration is celebrating what it claims is the end of a long-standing rivalry between two major video game companies. GameStop announced that the “console war” between Xbox and PlayStation has officially concluded. A new installment of the popular Halo series, originally an Xbox exclusive introduced […]
Affluent millennials and Gen Z Platinum members boost American Express to all-time high revenue, citing comfort in paying for its outstanding value.
American Express recently announced record growth for Q3 2025, attributing this surge to the purchasing habits and loyalty of younger, affluent consumers. CEO Steve Squery highlighted the company’s success in attracting a new wave of premium customers, especially Millennials and Gen Z, who seem quite willing to invest in quality offerings. The company posted a […]
Gen Z provides social media training for millennials
Kids seem to be schooling the older generation these days. There are subtle ways millennials can stand out—like flashing peace signs while wearing ankle socks or pausing dramatically when taking videos. One Gen Z individual, though, is not just pointing out the issues; they’re offering to help. “I believe it’s time for a ‘Millennial Bootcamp’,” […]
With wages remaining flat, 52% of millennials are pursuing additional work.
A recent report indicates a growing divide among millennials regarding side jobs, revealing that 52% engage in additional work while 46% do not. The findings come from a survey conducted by Academized.com involving 2,500 millennials aged 26 to 41. The trend of side hustles, or polyworking, has been on the rise, particularly in tandem with […]
Millennials look at the price of a $12 McDonald’s meal from 1991 and how it compares to today’s fast-food prices.
Reddit Users Reflect on Fast Food Price Changes A group of millennials recently took to Reddit to reminisce about the low costs of fast food in their childhood, contrasting it with today’s prices. The discussion centered on a post that highlighted food prices from 1991, shared in a subreddit with around 800,000 members who were […]
Dramatic increase in rare cancer cases among millennials and Gen X
Rising Cases of Appendix Cancer Among Younger Generations Recent studies indicate that appendix cancer is becoming more common among millennials and Generation X. For individuals born between 1976 and 1984, rates of appendix cancer diagnosis in the U.S. have tripled, particularly for those born from 1981 to 1989. This research was published on Monday in […]