Here’s How Many Millennials Have Over $1 Million in Savings

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Heres howmillennials are getting ahead financially.

Before the pandemic, millennials struggled to build wealth.

In comparison, Gen X and Gen Z increased their wealth by 8.8% and 9.5%.

Meanwhile, the study also showed that boomers only increased their wealth by 3.8%.

According to the Federal Reserve, government aid collectively saved households $2.3 trillion.

While millennials are starting to pull ahead financially, they have faced challenging economic times.

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