• BanMe@lemmy.world
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    1 day ago

    I’m a millennial with a house but no retirement savings, and the WSJ tells me the average millennial has over $1m in retirement assets now, so fuck y’all and your privilege. (I’m just kidding, I know you’re poor too)

    • Da Oeuf@slrpnk.net
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      20 hours ago

      Is that the median or mean average? The worse that inequality is the more it distorts mean averages and the less it tells you about the majority.

      • ScoffingLizard@lemmy.dbzer0.com
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        12 hours ago

        Pretty sure it’s average if it’s true. It’s 100% NOT the median. Median is probably $50k or less if I had to guess. There is a scary chunk of society that can not afford a $500 emergency. It’s awful.

    • MonkeMischief@lemmy.today
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      1 day ago

      Love all those articles that are like “By 30 you should be saving and have this much for retirement by now…”

      Like lol the car made a funny noise, $100 doesn’t even hope to fill a grocery cart, and we’re enjoying yet another “unprecedented” planned financial crisis in our lifetimes, what do you want from me here.

    • Psiczar@aussie.zone
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      1 day ago

      Mate, there is no chance the average millennial has over $1m in retirement assets. The average Gen X doesn’t have that much and we have been working a lot longer.