— who will be nearing their mid-30s to age 50 in 2030 — over the next 10 years. According to Dorsey, the generation will finally find its financial footing for five key reasons:. But millennials will be 15 or more years past traditional college age on average, and many will have figured out how to manage their student-loan debt, Dorsey said.
Many millennials will enter the mid-career stage over the next decade, which Dorsey said is prime time for increases in earnings through promotions and career changes. Mid-career is typically the stage in which one earns the
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