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Fortune
Fortune
Alicia Adamczyk

Millennials think they have it better than baby boomers, study reveals

Happy mother and daughter laughing on sofa (Credit: Jose Luis Pelaez Inc)

From housing to dining out to the midlife crisis, much has been made about how millennials have less money to spend compared to their baby boomer parents. But a new survey finds that views about inter-generational financial differences are more nuanced than headlines suggest.

The survey of 950 millennials from the CFP Board shows that millennials are basically split on how their finances compare to their parents' at the same age: 41% say it has been easier for them to achieve financial milestones, while 40% say it has been more challenging. The remaining respondents say the difficulty is about the same.

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