But should millennials really worry about phantom wealth, even if that wealth might look different from their parents? By the first quarter of 2024, U.S. millennials held 9.4% of the nation’s ...

And yet, time and time again, millennials report feeling financially insecure. This disconnect between numerical wealth and actual financial wellbeing has been termed "phantom wealth"—money that ...

With this wealth locked away, millennials can’t spend it unless they sell, and even then they’d have to buy in the same inflated market. Every generation is shaped by defining events in their ...

Data from investing platform Wealthfront shows that millennials have been accumulating wealth faster than previous generations since the onset of the COVID-19 pandemic five years ago. Gordon ...

Here's why millennials might still be feeling financially vulnerable, and how you can regain a sense of control with your own finances. What is "phantom wealth" You might have a substantial 401(k ...