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Millennials will face fewer financial struggles in 2020s, expert says - Business Insider

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Millennials spent the last decade struggling to build wealth, but an expert says this will all change in the 2020s for 5 key reasons

— 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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