Meet the typical 40-year-old millennial: Debt, net worth, earnings

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Meet the typical 40-year-old millennial, who has $128,000 in debt, is not nearly as wealthy as their parents were, and is known as 'geriatric'

As millennials delay marriage and homeownership, they've delayed childbearing until they they felt more financially sound. More women are having kids at aBut as of 2019, 66% of 40-year-old millennials , have kids, according Insider's analysis ofBut the typical 40-year-old millennial dissociates from their generation. Caught between Gen X and millennials, they almost feel generationless.

Jessica Guinn Johnson, an attorney in Baton Rouge, Louisiana, born in 1981, told Tillery,"I never found that I fit in the millennial mold, but identified more with Gen X." It explains why the 40-year-old millennial is largely seen as being part of a microgeneration, for which there have been many names.As Tillery wrote, some millennials feel they better identify with the cusper term Xennial.

 

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You and your advisors made poor decsions. Good luck.

I thought millennials were the 1991+ gang?

Typical? No, I literally don't know any millennials with that much student loan debt.

I’m 37 and have twice that in savings and equity. Get yo shit together.

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