One In Six Millennials Has $100k Saved Up According To Survey, And People Find It Hard To Believe

You possibly have a gazillion bazillion doubloons saved up by the time you’re kind of (but not really) grown-up. It sounds completely ridiculous. Let’s rephrase it in the way that the Bank of America had put it in its 2018 Winter report: a survey states that 16% of millennials (or approximately one in six aged from 23 to 37) have 100,000 dollars or more saved up.

If you’re not one of the few financially savvy, ingenious, or just very lucky millennials out there, you probably reacted very much the same as the rest of the internet. With disbelief, raised eyebrows, and tears running down your face when you checked the contents of your piggy bank and realized it went piggy-bankrupt in the last economic crash.

The internet responded to CNBC’s tweet regrding the survey’s conclusion with both disbelief and a healthy dose of good humor. Some people joked about the survey having confused the words’ savings’ and ‘debt,’ others made references to the amount of money having been saved up in The Sims video game.

While others attacked the report for surveying (in their opinion) ‘too few’ people to make firm conclusions which could extend to the entire millennial generation living in the US.