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Rich millennials more likely to be married, homeowners than peers - Business Insider

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Wealthy millennials are more likely to be married than the rest of their generation — and it shows how critical a role money plays in traditional life milestones

They're also nearly three times as likely to own homes and nearly twice as likely to be married, according to aThe Coldwell Banker Global Luxury program worked with wealth intelligence data and research firm WealthEngine to analyze the lifestyles of American millennial millionaires, from wealth creation and property investments to spending trends. It defined millennial millionaires as those ages 23 to 37 with a net worth of more than $1 million.

According to the report, 92% of millennial millionaires are homeowners, compared to 63% of the general millennial population. The average millennial millionaire's real estate portfolio is worth $1.3 million across three properties. And 67% of millennial millionaires are already married, compared to 40% of the general millennial population, states the report.These stats go to show just how critical the role of money is in achieving traditional life milestones.

 

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This just in: RICH PEOPLE can afford to BUY THINGS

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I’m broke and married 👍🏻

Duh nigga!! If you got the bread for it there ain't no reason not to get married

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