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Financial Happiness

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Generational Happiness: The Price Tag for Millennials' Contentment Revealed
personal-finance2 years ago

Generational Happiness: The Price Tag for Millennials' Contentment Revealed

A new poll by financial firm Empower reveals that millennials, born between 1981 and 1996, believe they need an annual salary of over $525,000 and a net worth of $1.7 million to "feel happy." In contrast, baby boomers, born between 1946 and 1964, are content with a $124,000 salary and a net worth below $1 million. Gen X and Gen Z fall in between, with each generation needing around $130,000 annually. The survey also highlights the impact of inflation on financial goals, with rising prices causing financial stress for Americans.