The average amount for Millennials can vary depending on the context. If you are referring to the average amount of money Millennials have in savings or wealth, it can be challenging to give an exact figure as it differs based on factors like income, location, and individual circumstances.
However, some studies and surveys suggest that Millennials have lower average wealth and savings compared to previous generations at similar ages. For example, a 2019 survey by Insider and Morning Consult found that the average Millennial had a net worth of around $8,000, which is significantly lower than previous generations when they were in their 20s and 30s.
Additionally, Millennials face various financial challenges such as student loan debt, low wages, and high living costs, which can impact their overall financial situation and savings. It's important to note that these figures are generalizations, and there is a wide range of financial situations among Millennials.
What is the average amount for Millennials?
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