71% of Gen Z’rs think they’ll eventually make $587,797 a year

[Gritsngravy]

How did the come up with that number

 

[UncleTomFord15]

As they should

 

[maxamusa]

ending the 1%

 

[#BOTHSIDES]

Gen Zers' definition of financial success includes joining the top 1% — and they're really confident about making it | Fortune

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.

Gotta dream big

 

[newworldafro]

With the way inflation is going, they might be right

you might need 9 certs, 9 figs, and 9 feet

Damn.

Nephilim winning.

 

[Bar Razor]

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

Correct. They worship the very people that contribute to their financial stagnation.

 

[Rick Fox at UNC]

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.

If you ask 2000 students attending UC schools, I'm convinced 70% of those 2000 students would believe they can hit those numbers.

There are plenty of industries and communities where those numbers are average.

Mountain View, Palo Alto, San Fran, Santa Monica, Irvine, Manhattan, etc.

 

[3rdWorld]

They grew up under the mind numbing influence of social media, not network television..

GenZ outlook on life is grossly skewed and distorted, unrealistic like an influencers page they follow. Life will hit them like a ton of bricks oin day.

 

[TELL ME YA CHEESIN FAM?]

The Onlyfans Generation

 

[Umoja]

They're leaning further to the right too.

Too stupid to realising they're floating up shyt creek without a paddle.

 

[blockburna420]

They're the first generation to see kids live like richie rich off their own money.

 

[Da King]

The American dream