The generation collectively is now worth about, $15.95 trillion, per Federal Reserve data. The average older millennial is ...

If you’re a millennial — that is, someone born between 1981 and 1996 — there’s a good chance you’re wealthier now than your ...

Still, very few millennials would consider themselves wealthy. The disconnect between being rich on paper and feeling well off has been referred to as “phantom wealth.” For example ...

Millennials have seen stupendous growth in net worth, thanks to unprecedented home appreciations and stock market gains, but they still feel poor. Call it "phantom wealth." It might be there ...

The Millennial age group's net worth has quadrupled in just the past five years. This means the generation is financially better off in the U.S. than any previous groups when they were the same age.

Californians need to demand better from their government and not be satisfied with macroeconomic headlines that might be good ...

Still, very few millennials would consider themselves wealthy. The disconnect between being rich on paper and feeling well off has been referred to as "phantom wealth." For example ...

"Millennials, in particular, haven't been able to use that wealth." "Phantom wealth is a nonsensical term: assets either exist or they don't," said Brett House, an economics professor at Columbia ...