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Millennials' finances aren't in hot shape, according to an INSIDER and Morning Consult survey — but this financial instability isn't their fault.
According to an INSIDER and Morning Consult survey, almost half of Gen X respondents, defined as ages 38 to 53, don't have retirement savings.
About 31% of millennials who expect to own a home aren't currently saving for one. Millennial homebuyers are increasingly relying on larger mortgages.
17 ways life is different for millennials than for baby boomers, from crushing student loans to a disappearing middle class
INSIDER and Morning Consult recently surveyed 4,400 Americans, and found that millennials and baby boomers have very different financial behaviors.
Millennials still paying off their student-loan debt feel worse about having gone to college than millennials who have already paid of their debt.
Though many millennials are unprepared for their own retirement and homeownership expectations, some are making good decisions with their money.
More than one-third of millennials earning at least $100,000 a year consider themselves middle class
A six-figure salary may no longer be what it once was — a growing cost of living has made it harder for millennials to save.
Too many millennials and Gen Xers aren't preparing for retirement and homeownership, according to an INSIDER and Morning Consult survey.
Several economic factors may have delayed millennials' wealth-building process — the Great Recession, student-loan debt, and a higher cost of living.