57,189
What saving...
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Troy Erickson AZ Realt...
Chandler, AZ
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Nina Hollander, Broker
Charlotte, NC
5,258,064
I hate to say this but most of them live down town and party lots so maybe a $2000 in a bank account.
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Troy Erickson AZ Realt...
Chandler, AZ
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Nina Hollander, Broker
Charlotte, NC
150,466
I would imagine that many are in negative numbers.
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Troy Erickson AZ Realt...
Chandler, AZ
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Nina Hollander, Broker
Charlotte, NC
1,472,185
18 - 33 year olds? I'd say it varies greatly. It would depend on whether or not they had helicopter parents too. If they've been allowed to grow up I'm sure they're doing fine!
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Nina Hollander, Broker
Charlotte, NC
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Susan Emo
Kingston, ON
3,441,595
Conrad, the only way to know the answer to that question is to ask them. Based on what I read in the media ... it might lean toward the little to none category. I just don't like lumping people into groups. We are not one size fits all.
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Nina Hollander, Broker
Charlotte, NC
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Susan Emo
Kingston, ON
5,774,106
Conrad,
It depends. We know several wealthy millenials who created their own wealth and continue to be successful, as well as some who inherited the $$$ and have continued to grow the money...we can't paint everyone with the same brush.
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Nina Hollander, Broker
Charlotte, NC
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Susan Emo
Kingston, ON
5,534,979
Best guess, for most not much if anything!
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Nina Hollander, Broker
Charlotte, NC
2,538,789
Good morning Conrad. Not that much. I see it first hand, best guess would be $10,000 and in many cases, less than that.
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Nina Hollander, Broker
Charlotte, NC
2,759,862
Good morning Conrad. Only they know for sure.
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Nina Hollander, Broker
Charlotte, NC
4,322,295
Conrad Allen - I'd guess, not much!
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Nina Hollander, Broker
Charlotte, NC
1,157,847
Each millenial will be different, just like any other generation.
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Nina Hollander, Broker
Charlotte, NC
140,660
4,273,331
I would not dare generalize that age group financially.
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Nina Hollander, Broker
Charlotte, NC
3,219,697
On average I have no idea. I can only speak to my own child and the answer is not too much. She works and makes good money, but has continued to further her education without loans so she spends money on tuition and books all the time. Her 401k is pretty nice looking though.
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Nina Hollander, Broker
Charlotte, NC
2,234,865
So is this another trivia question? I have no idea and I really don't care.
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Nina Hollander, Broker
Charlotte, NC
3,988,144
My youngest kids are at the top of end of Millenials age range and I would say they have several thousand saved and continue to save. But to ask them they would say them don't have much.
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Nina Hollander, Broker
Charlotte, NC
80,653
Most millennials probably do not have much money in savings. My grandson is probably an exception. He saved cash to buy his BMW. He is now in the Phillipeans for a month vacation and when he returns he will save to buy his first home. We are very proud of him. Although he is younger than milennial, we are still proud. My grandson that does qualify as a milennial does not have any savings at this time.
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Nina Hollander, Broker
Charlotte, NC
1,770,990
Millennials might not have much in savings, but I think their parent's generation has a tremendous amount of wealth. Will be interesting to see how that transfers over the next 20-30 years.
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Nina Hollander, Broker
Charlotte, NC
2,189,354
No, I only know how muc I have in savings. ;-)
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Nina Hollander, Broker
Charlotte, NC
564,776
From what I keep hearing and reading, not much. I wonder if it's negative. I hope not.
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Nina Hollander, Broker
Charlotte, NC
1,525,616
3,417,356
8,210,716
979,801
Conrad - Based on my daughter and her friends, I would say almost nothing. If you listen to the news, they say that is the one thing preventing millennials from buying a home (lack of savings). However, I am sure that there are others who are doing just fine with their savings. People don't like to be categorized these days.
5,364,547
922,787
Just from what I have read here and there. Savings are small as are their debts. Mark
108,116
Millennials?.....nada....
Millennial parents are loaded though....I work with a lot of them and gift funds are common on almost every deal...
Their biggst issue is they don't like to do any work to get a deal done...They have an app for everything except a real estate transaction...
433,012
Over $20,000- they all still live with their parents. badumdadum... lol