What it takes to be "financially successful" by generation

20 pointsposted a year ago
by zdw

8 Comments

Kirby64

a year ago

What exactly does “financially successful” mean? Is this just a vibes thing? By all accounts, making 600k/yr is wildly successful. Very few people who are Gen Z would be making this, as the oldest of the Gen Z cohort is only 27.

abracadaniel

a year ago

It seems like this is just vibes, and is essentially a proxy for housing prices.

coffeeindex

a year ago

Worth taking into account that a lot of Gen Z responding here are probably not very far in their career. It would be interesting to see how the other generations would have answered if they were at similar points in their life

a_cardboard_box

a year ago

Gen Z are between the ages of 12 and 27. I wouldn't expect a 12 year old to have reasonable expectations of financial success. I suspect the Gen Z number is heavily skewed by the younger members.

memegami

a year ago

study has bigger eyes than its stomach… gonna need a bigger sample size mom… even then… yes, world only gets more expensive… -___-

totallykvothe

a year ago

Born right on the border between Millennial and Gen Z. I considered myself financially successful at 100k salary, and I am now paid more than that.

Does this make me a Boomer?

4ntiq

a year ago

I can sympathize with the Gen Z here. Thanks to the internet/social media they're seeing far more than what we were privvy to when we were their age.

Namely, they're seeing the trust fund babies, but they don't know it yet. It will dawn on them soon enough.

user

a year ago

[deleted]