News Formal

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

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

This just in: RICH PEOPLE can afford to BUY THINGS

This is a photo of Down syndrome siblings. Why would you post this? They’re underage as well.

I’m broke and married 👍🏻

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

Lol no way?

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

WeWork Documentary in the Works from Business InsiderCampfire, behind the Netflix doc 'The Innocent Man,' will produce the feature. Possible titles include: • We Didn't Work • We Started The Dumpster Fire • WeeWeeCompany • We Just Wanted Our IPO To Work • We Shouldn't Have Hired That CEO • We Not You • We vs. Them • WeirdWork • WeLost
Source: THR - 🏆 411. / 53 Read more »

BBVA has launched a fully digital onboarding experience for business clients - Business InsiderAn end-to-end digital onboarding experience like BBVA's will be critical for incumbents across the EU looking to stave off fintech challengers:
Source: BusinessInsider - 🏆 729. / 51 Read more »