Thursday, January 9, 2025

Real Net Worth of Young Higher Now than in 1989

Wealthwise, millennials are also doing decently, if not even better than their parents. The Survey of Consumer Finances found that people ages 35 to 44 had a median net worth of $130,380 in 1989, adjusted for inflation. In 2022, that number was slightly higher, at $135,300. Those under 35 are doing better, too, with a net worth of $39,040 in 2022, compared with $18,740 in 2989.  

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