Millennials Are Having a Tough Time Increasing Their Wealth This is due to the rising costs <br />of things such as college <br />over the past 10 years. According to accounting company Deloitte, <br />the average financial assets of those who are <br />18 to 35 years old are less than five figures. From 2004 to 2017, the issue has seen a jump of<br />of 160%. This is a result of the <br />college education fees <br />increasing by 65% The debt is partly to blame for millennials avoiding property investments. In addition, they are <br />paying more for essentials <br />such as healthcare. But millennials are still young <br />and have time to fix their <br />financial situations. Cutting back on big expenses <br />or starting a side hustle <br />are good ideas. In terms of retirement, investing in an IRA can be a smart solution.
