The average millennial has an average net worth of $8,000. That’s far less than previous generations. The Washington Post
Today’s 20- and 30-somethings spend about 17 percent of their incomes on education, health care and rent, new research shows. It was 12 percent a decade ago. The Associated Press Millennials are doing far worse financially than generations before them, with student loans, rising rents and higher health care costs pushing the average net worth below $8,000, a new study shows. The net worth of Americans aged 18 to 35 has dropped 34 percent since 1996, according to research released Thursday by Deloitte, the accounting and professional services giant. This demographic is paying more for educat…