Job Opportunities and Career Advancement
- 💼 Working a job is how most people build wealth, but job opportunities are scarce, and the average age of retirement is increasing, leaving less room for young people to move up the corporate ladder.
- 📊 Despite making more money than previous generations, Millennials are less wealthy due to the high cost of living in cities where high-paying jobs are located.
- 👥 Older generations controlled 22% of the nation's wealth compared to 7% controlled by Millennials, creating a chicken and egg scenario where older generations need wealth to retire, and younger generations need older generations to retire to build wealth.