Roughly two-thirds say they’ll be worth seven figures by 45. Their actual savings say otherwise.
By 45, most millennials think they’ll be living the good life.
But the reality is likely to be much different. According to a survey released Thursday by YCharts, an investment research platform, 65% of millennials ages 22-37 say they’ll reach seven-figure wealth by age 45 or sooner. That finding is backed by a survey released earlier this year from TD Ameritrade that found that more than half of millennials expect to be millionaires in their lifetimes, with more than four in ten saying it’ll happen by 50.