However, Millennials who are wealthy don't feel like one -- a scenario called as "phantom wealth." An analysis of St. Louis Federal Reserve data in 2022 showed that younger families in the U.S ...

The generation collectively is now worth about, $15.95 trillion, per Federal Reserve data. The average older millennial is now approaching their middle adulthood, aged 38. Factoring how other ...

For more on this phenomenon — called 'phantom wealth' — and why millennials might still be feeling financially vulnerable, host Scott Tong speaks to CNBC personal finance writer Jessica Dickler.

The illiquidity of home equity and retirement savings are causing many millennials to write off the wealth as “phantom wealth,” according to CNBC. Of course, there’s really no such thing as ...

Here’s the problem with ‘phantom wealth’ and what to do about it If you’re a millennial — that is, someone born between 1981 and 1996 — there’s a good chance you’re wealthier now ...

Texas Homeowners Begging for Property Tax Relief as Governor Pushes for Cuts America’s Top Housing Market Is an Affordable Midwest City Where Buyers Can Save $163,000 on a Home Millennials Have ...