Gritsngravy
Superstar
How did the come up with that number
Gotta dream bigGen Zers' definition of financial success includes joining the top 1% — and they're really confident about making it
Gen Zers on average believe an annual salary of $587,797 and net worth of $9.47 million are needed when they envision "financial success."fortune.com
According to a recent survey from financial firm Empower, Gen Zers on average believe an annual salary of $587,797 and net worth of $9.47 million are needed when they envision “financial success.”
Gen Z may not realize this, but that kind of success would put them in the upper, upper echelons of American wealth.
In fact, pay that exceeds half a million dollar a year would put them in the top 1% of earners in 32 out of 50 states, according to separate data.
Not only does Gen Z have the highest benchmarks, they are also the most confident in reaching them: 71% said they are optimistic they will achieve financial success in their lifetimes, compared to 70% of millennials, 53% of Gen X, and 45% of boomers.
With the way inflation is going, they might be right
you might need 9 certs, 9 figs, and 9 feet
Correct. They worship the very people that contribute to their financial stagnation.Envision is the key word
Gen x and millennials had thoughts as well that wasn’t reality
And the problem with this country overall, majority of people don’t live and don’t want to live in reality
70% of a survey of over 2k people believing they will all be in the 1% of top earners in the country is dumb as hell breh. "Achievable" is obvious because there of course exists that 1% today. But 70% of people (even in a survey) expecting that they are going to be in that demo is delusional.