The New Millennial Dream: Make Over $200,000 And Retire At 90

Faced with an economy that is creating lower paying jobs, millennials are making less, piling up more debt, and more than any other time since the Great Depression, are returning home to live with their parents. In a video produced by Morningstar’s U. K. unit, millennials discussed what their career aspirations are, and what they expect from their financial future. There were certainly some interesting, if not telling, responses as to the confused state of expectations vs. reality that millennials are dealing with at the moment.
On the salary front, some responses were actually measured. An aspiring midwife thought that her realistic salary would be 35,000 (~$51,000). Other responses however, not so much. One student casually throws out a figure of 150,000 (~$220,000)…

This post was published at Zero Hedge on 05/26/2016.