Millennials - What are your thoughts?

[JC316]

I got kicked in the nuts by life at 20. Here's a disease with no cure, have fun bitch. Never going to be a millionaire, but if I can make enough to get by, I'm cool with it.

[Slowhand]

I don't care what the market does. I don't care how the job landscape changes. I have to make it, so I'm not giving myself a choice in the matter. I don't know if that's optimism or pessimism, but nobody's gonna take care of me and mine but me and mine. You've got to do what must be done in this life.

This, essentially.

Sure, I have some macro concerns from time to time, but so did my parents and so did their parents. Exceptionalism isn't limited to optimism; there's no reason to believe that now is any worse or any better, comparatively, than most any other time period. The world is always about to end and the current generation is always worse than the last; none of the above should affect me, and if if it truly were to I'd have bigger problems than my own pessimism or optimism.

As for those charts? Young people are prone to extremes and that's not an affectation unique to millenials.

As for me, at risk of sounding mildly hypocritical, I'm not concerned about my financial well-being. I'm over-educated and well suited (read: adequately full of shit) to the upper echelons of an industry that pays its principals unbelievably well compared to its stature among its peers. Achieving the status of "millionaire" (a rather silly concern) shouldn't be of particular difficulty in my career should I maintain my course (which is not necessarily inevitable), but I also grew up under the premise that being so is neither important nor unattainable. But I too have my unbridled, unrealistic expectations and dreams, and they generally revolve around achievements and experiences; I largely know they're unlikely, but I think they're necessary to keep me moving and motivated.

[RabidJackal]

31 here. I have a stable job and I'm comfortable, but definitely not making what I should given what I do.

It's tough for just about anyone if you are trying to either get a good job or move to another one without knowing someone who's already there. That seems like the golden ticket to jobs these days so being "fresh off the boat" as a recent college grad, not really knowing anyone on the inside, and in this economic climate............yikes.

[slow99]

Millionaire = net worth of a million. Standard practice for my industry is to exclude the value of primary residence, but who knows if that was even addressed for this survey. Regardless, a million net worth, not annually.

[Sean88gt]

The baby boomers are going to turn this place into Greece on their way out the door. I'd hate to be a kid fresh out of college right now.

No shit. I'm looking at gov opportunities as well as international endeavors. Might as well ride at the front of the snowball.

[Ruffdaddy]

I'm 28, so that's 22 years until I'm 50. Even if my salary stayed flat...I would be covered.

I'm not talking about making a million a year...just having a net worth of a million ..

[Tremor14]

so you're gonna start you're own oil and gas company?? cause you know you're bosses bosses boss *might* be a millionaire. if by millionaire you mean having millions of dollars, andnotone time clipping a third comma on a tax return.

[Broncojohnny]

The baby boomers are going to turn this place into Greece on their way out the door. I'd hate to be a kid fresh out of college right now.

[Ruffdaddy]

I'm in the oil and gas industry so there's that....but yeah if I keep on my trajectory I'll be a millionaire before 50 if not sooner.

As far as job prospects, I'm in a sweet spot and have recruiters contacting me a few times a week. I know it may not last forever but its good now.

[4king]

I'm 29, A new house owns me, i have a degree, and I work 60 hours a week. I lived at home for 3 years after college and managed my debt extremely well and went directly into full employment because I knew what I wanted to do

My wife on the other hand could not find a job her first year out of college, they only wanted to hire teachers with experience. She finally got a job in Arlington, but between commuting, getting an apartment and student loans she is still very backwards finally from where I am at financially.

I will never collect social security, and my outlook on life in general is why should I quit smoking. I'd rather die when the going is good than die 88 years old wearing diapers and not knowing my own name

[sc281]

I may or may not get to a million depending on future market conditions, but since my expenses are only $20k/yr, even with my recent car purchase, I don't necessarily need to either.

[Tremor14]

blissfully ignorant over here..

[03mustangdude]

chooo chooo

[YALE]

I don't care what the market does. I don't care how the job landscape changes. I have to make it, so I'm not giving myself a choice in the matter. I don't know if that's optimism or pessimism, but nobody's gonna take care of me and mine but me and mine. You've got to do what must be done in this life.

[Sleeper]

The way things are going there is no way in hell i could answer that question.