Of all generational cohorts, older millennials are most likely to generate enough income to retire comfortably, according to the latest Vanguard Retirement Readiness report.

Specifically, millennials aged 37-41 have the greatest chance of landing a comfortable retirement.

  • Rengoku@lemm.ee
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    1 year ago

    When I was in my early 30s I had 40k debt. Now I am near 40 and cleared them all and have savings and property worth 100k.

    And HRV + Ioniq 5 to boot.

    Everything is possible.

      • Clent@lemmy.world
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        1 year ago

        Sounds like he’s a landlord.

        So he’s skimming of others income. A leech.

        • Cryophilia@lemmy.world
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          1 year ago

          Even leechyness aside, it’s just winning the housing market lottery. No one can afford a house right now, and if they could, it’s not appreciating like crazy anymore.

          The guy got extremely lucky with timing and also somehow found enough cash for a down payment.

          • Clent@lemmy.world
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            1 year ago

            Correct. It is not a universal solution.

            “Can’t make rent, afford a car, food, etc? Just get some rental properties!” – out of touch wealthy people.