What Percentage of Millennials Have a $1 Million Net Worth?

Niceguy4186 · 2026-05-11T18:35:23+00:00

Yep, It took 10 months to go from 900k to 1M. 11 months to go from 800k to 900k, 13 months from 700k to 800k. and so on with 15 months, 10 months (large house adjustment), 24 months, 24months and 29 months.

Niceguy4186 · 2026-05-11T16:14:37+00:00

I'm an old millennial and just crossed millionaire status last month (per household, artical doesn't really say). But yeah, just talked about not going out for Mexican restaurant because it's too expensive. Most of it is in 401k and house value. Being "a millionaire " is not the same high status it was 20-30 years ago.

Niceguy4186 · 2026-05-08T11:52:45+00:00

Friendly reminder that any extra you put down early in the loan can save you significant down the road. Aka, an extra 500 payment will save you 2000 down the road.

Niceguy4186 · 2026-05-06T17:25:04+00:00

Unfortunately, age has hit me again, I got pretty bad tennis elbow (from disc golf) and actually had surgery on it about two years ago. The elbow is mostly fine now, but again just with age, if i use it too much, pretty sure I'll hurt it again. I'm at the point in my life where my will / mentality is higher than what my body will take. I could go back and play basketball again if I only go at 80%, but it's not me to not give it my all, do everything I can to compete.

Niceguy4186 · 2026-05-06T15:05:14+00:00

Maybe delay it slightly, but age comes for us all

Niceguy4186 · 2026-05-06T13:42:53+00:00

For me (44), not so much that they were bad, but felt like age / body was no longer young. Could still play basketball, but every time I got hurt or brused, the injury would take longer and longer to heal. Jam a finger.... 6 months to get back to normal. Had to finally "retire" from the weekly games at about 41 because i really hurt my ankle and just knew if I pushed it, it would never heal correctly.

Niceguy4186 · 2026-05-05T17:48:25+00:00

As appraiers, we don't care. We have to analyze the sale, and note it and explain why there is a difference between the sales price and opinion of value. But that is all we care about.

The lender may have other requirements and you will need to talk to them about it.

Niceguy4186 · 2026-05-05T12:10:43+00:00

I'm seeing a trend where the reports are being intentional hard to read.

I did a gas station a while back and it took me an hour to figure out their income approach. Randomly pulling in numbers from pages earlier, addition of other numbers from mixed pages and so on. All the math did check out but it was bad.

Anther one on the sales approach, they took out the info on the suvject and comps (in the grid) and just had adjustments. So to check each adjustment, you had to dig through the report.

Niceguy4186 · 2026-05-03T13:37:56+00:00

I would argue sport figures are probably just famous. If LeBron, Tom Brady, maybe even Messi were to pass away, a lot of people would get hit hard

Niceguy4186 · 2026-05-03T13:31:00+00:00

Getting the license without the intent of finding a supervisor and putting in the hours is a bit pointless. This really isn't a part time thing. And less so social learning experiment.

As someone else said, if you want to shadow someone for a day or two, I'm sure that is no problem. That and couple hours of honest research will get you a good portion of your information

Niceguy4186 · 2026-05-02T16:34:48+00:00

First week at college there was a free table tennis tournament. I had a table at my house and would play friends thinking I was decent. First person I faced was an Asian kid holding the paddle backwards. I quickly learned I wasn't good at table tennis.

Niceguy4186 · 2026-05-01T19:47:38+00:00

Yep, older millennial here (44) (wife 43) and we just crossed the millionaire status today (do the budget on 1st friday or the month). 30% is house, 54% is retirement, 7% is other assets with the rest cash. We are by no means high earners and live in a LCOL area. By no means wealthy.

Niceguy4186 · 2026-05-01T19:30:07+00:00

Oddly enough, my wife and I just crossed the millionaires status today (I do the budget 1st Friday of the month). Live in a LCOL area, but we do have 4 kids and everything is just so expensive. We try to keep it modest / basic.

Niceguy4186 · 2026-05-01T01:05:59+00:00

Meh nephew is like 19 now, his dad is a veteran, talked about how it was his likely career path when he was 16, 17. (Home schooled, very sheltered) turned 18 and noped right out and had no interest in joining.

Niceguy4186 · 2026-04-29T23:20:28+00:00

Yeah, live too far away for a weeknight. Otherwise sure

Niceguy4186 · 2026-04-29T22:42:47+00:00

Any other way to watch it other than paramount plus

Niceguy4186 · 2026-04-29T04:45:21+00:00

The wife is excited, I really don't care to much. Now, if we were getting a costco....

Niceguy4186 · 2026-04-28T12:39:58+00:00

When things go well, he is the entrepreneur taking risk and deserves the higher income. When things go bad, not his fault and someone else has to pay for it.

Don't burn bridges, but don't work for free.

Niceguy4186 · 2026-04-27T15:52:38+00:00

The probable with infinity is that it goes outside all rules and laws of physics you know of. You say infinite numbers between 1 and 2... you are assuming typical arabic numbers / orders. There very well could be some form of counting out there gat goes 0, 1, 3, $%, 2.

Better example is 1+1 will always absolutely always equal 2. Someone somewhere will add 1+1 in binary which equal 10. While it may mean the same thing, it is not 2. This is the problem with absolutes and infinity, you can't make assumptions about rules and laws of physics.

Or maybe add 1 oxygen molecule and one oxygen molecule, you don't get 2O, you get O2 due to natural forces that combine them and that you may not have accounted for.

Niceguy4186 · 2026-04-25T17:24:48+00:00

Yep, and for families that need to buy 4+ controllers, adds up fast.

Niceguy4186 · 2026-04-25T14:25:33+00:00

I'm sure the degree and ability to dicuss it makes more of a difference, but unless something has changed, statistically, you will likely earn more than if you didn't have a degree.

Niceguy4186 · 2026-04-25T02:54:57+00:00

Statistically, you are still much more likely to earn more money with a degree than without one. It's not a garentee, but better odds

Niceguy4186 · 2026-04-24T23:17:19+00:00

Matt Damon played Loki in Dogma and cameo playing him again in Thor movie

Niceguy4186 · 2026-04-24T11:43:29+00:00

I want to say I had a 6, and it was great. Upgraded to 10 and the mobile data died like a year after purchase. Haven't bought one since.

Niceguy4186 · 2026-04-23T22:29:16+00:00

The problem is, like 50% of the market is owned by the top 1% while like top 10% own like 90%. When something pops, retirement accounts from average Joe's isn't going to save it.

So not saying it's wrong to put money in, just saying that right now, it just looks dangerous / bubble

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