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Caitlyn Moorhead

What Percentage of Millennials Have a $1 Million Net Worth?

Jonathan Erasmus / Getty Images/iStockphoto

Millennials have faced major financial challenges and unprecedented economic situations, including everything from student loan debt and rising housing costs to inflation and a global pandemic. Despite these hurdles, some millennials are building serious wealth and even crossing the $1 million in savings mark.

Could this generation be on track to become the richest yet? Here’s how many millennials have over $1 million saved, and what’s driving their financial success.

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