/biz/ - Business & Finance

>>23134411
>each generation follow the same investment scenario as the average boomer in 1960
lmao

>>23134411
no, they earned it through hardwork. Young people are just lazy entitled shits

>autsitic screeching intensifies from the same people who defend billionaires like Jeff Bezos

>>23134411
Yes, because of housing prices.

Other than that, no.

PEOPLE WHO HAVE WORKED MORE TIME HAVE MORE MONEY? WTF

>>23134439
You don't think you could invest 10k this year at 7% when your house is apreciating at 7%?

>>23134411
>Are Boomers Unfairly Wealthy
no, we're fairly wealthy

>>23134458
>your house
>implying anybody except boomers owns houses
literally boomerposting

>>23134458
A house in my neighborhood costs 2 million dollars. No, I can't afford a 2 million dollar house. Also it will likely be destroyed by global warming from boomers, who have actually ruined everything.

>>23134451
>>23134446
>>23134495
>>23134508
>>23134439
>>23134411
usa 1971 minimum wage updated to real estate inflation(which was removed mysterously from inflation indexes in the 80s).

USA minimum wage 1971:
1,60 usd per hours

Median house cost 1971:
25.7k usd

Hours needed to buy a house on minimum wage 1971
16000 hours

2020
Minimum wage 2020:
7,25 usd per hour

Median house cost:
278.6k

Hours needed to buy a house on minimum wage 2020

38430 hours

This mean that upgrading the minimum wage to real estate inflation(which was hidden in the 70s by removing it from index the minimum wage of the usa should be 2,42 times higher).

This means the minimum wage of the usa should be 17,54 usd per hour.

This means that 1971 minimum subsistence wage IS ON THE LEVEL THAT IS PAYING INCOME TAX NOW

Source of data:


https://wtfhappenedin1971.com

https://dqydj.com/historical-home-prices/

https://www.infoplease.com/business/labor/annual-federal-minimum-wage-rates-1955-2015

*AHEM*

FUCK BOOMERS
FUCK CENTRAL BANKS
FUCK SOCIALISTS
FUCK MARXISTS
FUCK JANNIES
AND MOST IMPORTANTLY OF ALL
FUCK KEYNES

Let’s see, some got free college, many got inexpensive college, most had a mortgage because the mid 90s fuckery, yea I would say they are unfairly wealthy

>>23134578
>house is 2.5X larger now
>house costs 2.5X more now
huh, what a weird world we do live in!

your real problem is that you need to get married to afford a house and you literal cripples can't even get laid, let alone married.

>>23134640
>house is 2.5X larger now
what the fuck disneyland do you live in you fucking retard

>>23134684
the US

you probably haven't heard how we've been building bigger and bigger houses every year.

>>23134640
>Minimum wage of 1971 pays income taxes now
>Brings out that houses are larger now
>Milenials literally living on cucksheds

Shut the fuck up boomer

>>23134411
YES
not going to debate any old farts who would be homeless if they were born 40 years later

>>23134411
what is this niggerfaggotry

Boomers at the average age that millenials are at RIGHT NOW had something like 15% of the wealth, whereas millenials have like 4%.

>>23134411
They will pass the wealth to the next generation anyways, why do you care?

Plus youth is more valuable than all the money in the world, so why are you even complaining about

>>23134640
yes NEW houses are larger, doesn't explain why smaller houses got more expensive too.

>>23134728
mennials haven't moved out of our houses. It's not like they're trying.

I mean let's blame inflation instead of the fact that you faggots don't start your careers until 30 years later than we did.

>>23134769
https://www.youtube.com/watch?v=dWNvlyycWzQ

>>23134769
lol they are going to spend it all on useless collectable junk and vacations, leaving almost no inheritance.

>>23134794
this

I take my kids on vacation though, so they'll always have the memories

>>23134446
I know a guy that paid $2 million for his house in 2000. His next door neighbor just put his house up for sale for $6.5 million, and his house is now worth more or less the same. That's bullshit.

>>23134788
You are right, yet the game is rigged , the incentives to move out are not there, at least not in european or latin american welfare states , the usa democratic states neither , the us republican states do have incentives to move out but that's about it.

The rest of the west is colossaly fucked and moving out means becoming a serf since housing price goes up faster than wages.

Hell the first of the milenials who enter the labor market around 2010 saw housing go up 3x while their wages stayed the same it's a blackpilled generation and zoomers are even worse spending everything on digital shit since they know fiat is worthless.

A few years into their careers my parents were making about $72k/year combined, their starter home cost $100k. A few years into our careers my wife and I were making just under $80k/year, our starter home cost $500k, lmao it’s a load of shit, and we’re one of the “lucky” millennials to have a mortgage

>>23134794
If they're shit people maybe, but then it makes the tourism industry running, that's a form of money transfer

>>23134809
Rookie mistake, when we're kids we don't appreciate luxury, better wait for them to be teenagers to spoil them

>>23134846
our incentive was our parents literally evicting us at 18 or earlier

modern generations want incentives when they should be forced by harsh reality. But that's fine. You're too soft to survive, and that's our own fault.

didnt they change the CPI to include the fact lots of electronic consumer goods exist now and are cheaper or something? therefore the CPI has actually gotten 'better' since now we can all afford iPads for cheap!!

>>23134910
>and that's our own fault.
Anyone who can’t admit that the economy of the 70s-80s is significantly different than the economy of today is a straight retard

>>23134910
>our incentive was our parents literally evicting us at 18 or earlier

you could have evicting them all you wanted , hell i think it would have been a good thing , but still wages are still 2,4 times less than during the gold standard.

And believe me it's even worse outside the usa, the eu , latam states , canada or other welfare states are way way worse , we are talking about wages being probably 10x less than in 1971.

>>23134578
thank you. also dont forget taxes skyrocketed. making minimum wage in 1971 was like making $20/hr today. im going to piss on my boomers grave every year for his birthday

>>23134446
the day will come where the over leveraged"real estate geniuses" get fucked by the market
just gotta wait for it

>>23134458
>you could invest 10k this year
lmaooooo
>your house is appreciating at 7%
LMAOOOOOOOOOOOOOOOOO

I could dump tons of infographics showing stats of savings, income, housing, etc. but it's not like you will listen. Nearly half of all millennials are living at home. Its great we can afford new tech, but who cares when no one can afford a house.

Financial products are ponzis. Stocks cannot always go up. Bitcoin cannot always go up. Altcoin cannot always go up. There is a risk you take in that you need someone else to buy it at a higher price than you've paid for it.

Depending on what fund you invest in you will see between a 1% and 2% increase. It's next to nothing. And even then, it's not guaranteed. Your investment can be wiped out tomorrow if the stock market does poorly enough.

Boomers are the last generation to retire. Next to no gen x will be able to.

>>23134939
>Anyone who can’t admit that the economy of the 70s-80s is significantly different than the economy of today is a straight retard
participation matters

you're excluded from the current economy just like we were from the 70's and early 80's

>>23134965
>wages are still 2,4 times less than during the gold standard.
but now households have 2.4 times more workers

>>23134910
i was 16 when i graduated high school, youd let me crash in my bedroom for two whole years before kicking me out? wimp

>>23134820
>I know a guy that paid $2 million for his house in 2000. His next door neighbor just put his house up for sale for $6.5 million, and his house is now worth more or less the same. That's bullshit.
The pattern I'm seeing here isn't that being in America is the key.

The key is positioning yourself to be able to buy in at some time before a run up in growth-ideally just prior. Early 2000s china was a great place to be for many people. They built that shit up fast and call it the golden era.

My eyes are on vietnam. Prices are low and vietnemase americans are actually starting to eye going back (much to the disappointment/resentment of some of their elders that had a rightful reason to flee vietnam).

Young people of vietnamese decent are realizing you can go start a business there pretty easily in terms of inital costs and operating costs. Places that sucked 20-40 years ago are actually becoming great places to live in terms of what matters: cost of housing, food quality/price, (public) transportation, general infrastructure, healthcare, walkability, and people that value relationships and want to make them work.

As more places catch up to the US in terms of "acceptable" quality of these factors, it makes more sense to ask "why would i want to live in the US? What matters to me that is exclusive to the US?"

>>23134995
>wages are still 2,4 times less than during the gold standard.
>but now households have 2.4 times more workers
Die boomer scum

>>23134995
>participation matters
Also fuck you

>>23135027
My parents tossed me out when I graduated at 17. I got married at 19 and bought my first house at 30.
>>23135032
the growth is constant and exponential, so you need to buy in asap. Don't wait for a collapse, I've never seen one.
>>23135042
>Die boomer scum
unfortunately we're living longer than ever before thought possible.
>>23135061
working isn't the same as benefiting from the economy, retardo.

>>23135168
>working isn't the same as benefiting from the economy, retardo.
Which was exactly my first point retardo, boomers worked the same jobs millennials are working now and at least had an opportunity at a mortgage dipshit, once again, those who cannot admit that are straight retarded

>>23134411
>hehe good goyim remember to hate and envy your parents and grandparents they are the cause of all your problems!

>>23135228
we had an opportunity to get a mortgage after going to work at 16, getting married before 20, building credit together for 15 years, and saving every dime we had for a down payment.

what is your generation skipping? All of it. Those that do what we did have the same opportunities we had. If we screwed you it was in allowing the traditional family timeline to break down. But that's your choice too. We'd rather you got started working, reproducing, and saving. But we're not going to force you. And we're not going to feel guilty when you fail to take our advice.

>>23135296
There’s plenty of data that suggests everything you just said is bullshit, it’s even posted in this thread! So yea, I’ll repeat, anyone who can’t admit that is straight retard

>>23135296
Boomers were too lazy to raise their children and only thought of ego. Your generation shall perish in the next life terribly.

>>23135334
>I can't get a mortgage as a single person!
>my lifetime earnings are low because I entered the labor force at 43!
>I can't afford a 5% down payment even though they had to pay 20%!
>I can't handle a 3.85% APR even though they paid 15%!
>I can't get laid or married and it's all woemen's fault!
>I don't want to save worthless fiat, I deserve wealth now!

you're weak and you're pathetic

>>23135348
we raised you

your failure as a person is our failure as parents.

>>23134777
they didn't idiot. I see houses in Texas on sale for $17,000-$30,000

>>23135393
See >>23134578
and also >>23134853
my wife and I are following almost identically the same trajectory as my parents, the difference? We’re paying 5x for the same house, but you’re right, there’s no difference in the economies, we’re just not trying as hard! Fucking retard

>>23134411
kek

>>23135447
yes, I'm sure your personal experience represents everyone.

you're too dumb to be having this conversation.

>>23135412
Bad leadership and selling us to the jews yes. Go drink your diet coke and get cancer you fucking scum.

>>23135495
Lol, you project a personal experience onto me to represent all millennials and then say this. What did I say earlier? Oh yea, you’re a straight retard so it makes sense lmao

>>23135547
>>23135495

all boomers are self centered and half retarded from all the poison they've been putting into their bodies all these years. Life was handed to them on a silver platter and they tell us to work hard lol

>>23135547
the difference is the experience I project is typical.

yours isn't. Houses have certainly gone up, and by a lot more than 5X, but if you're doing exactly what your parents did you're not normal at all.

and frankly I think you're lying because 4chan is rabbidly anti-marriage and work. Just like most of your generation.

>>23135594
all women are whores. How many times have you been married? 3? You raised little whores.

@23135594
This abhorrent post doesn’t get a (you), you are quite literally saying you can generalize an entire generation, but I, a member of that generation cannot, let me refer you to an earlier post >>23135042

>>23135168
Are you living or just existing?

>>23135655
my generalizations are true and yours are false. And everyone knows it.

>>23135685
>Are you living or just existing?
yes, I think so

>>23135412

>>23135704
don't get me wrong

our biggest failure was not making you take responsibility for your own failures. We let you blame us. But in the end blame doesn't matter. Only failure does. We're going to die and our kids and grandkids will still be failures.

>tfw "millennial" (hate that term)
>own my own home, no debt but my mortgage
>see people my age with new vehicles, boats/atvs, maxed out credit cards
>constantly complaining they are broke

Here’s the boomer mind at work:

I point out that boomers benefited from their economy much more than millennials >>23134939
Boomer deflects says participation matters >>23134995
I point out that millennials are participating, at a higher volume than any other generation >>23135061
Boomer deflects and says that working is not the same as benefiting from the economy >>23135168
Which was exactly my first point, yet boomer thinks was some sort of refutation lmao

>>23135777
you implied that we benefitted from the economy while you haven't

that's wrong, we didn't either. But you're too stupid or drunk to follow your own argument

>>23134578
>population in USA in 1970 = 200 million
>population in USA in 2020 = 330 million + 70 million illegals = 400 million

Double the population chasing the same amount of economic capacity.

>>23135803
I actually never once implied that, I did imply this though >>23134578 which you will never acknowledge because it doesn’t fit your world view

>>23134640
This is true. If you get married and buy a house things will generally work out well financially for you. If you stay single to age 40 renting in the city you will tend to stay poor because you never built equity in a home and wasted it on rent.

>>23135858
>I actually never once implied that,
>>23135777
>I point out that boomers benefited from their economy much more than millennials
sorry, you didn't imply it
you flat out said it
and it's wrong.
>you will never acknowledge because it doesn’t fit your world view
It fits my worldview exactly. That's why I'm talking with your retarded ass

you're ignoring critical variables that affect the results, like not getting married, starting work at 50, everyone getting a useless degree, tons of debt, no patience, can't save, etc

>>23135777
Trying to get a boomer to understand how fucked things are just isn't worth the effort.
Let them believe they genuinely deserve all of the "hard work" that they put in pushing dumb shit and "working up the ladder" when there's no longer a ladder to work up in.

Hey Jimmy, why don't you start at Amazon warehouse? I bet if they see your degree they'd love to have you work in corporate!

>>23135849
The same could be say from 1880 to 1920 or 1920 to 1970.

It's all about the end of bretton woods and the gold standards , the boomer generation basically accumulated their early wealth during hard currency backed in gold , then inflated the currency and supported low taxation , then lived on debt until 2008, then they supported quantitative easing and inflation to pump the economy even more.

It's all a circus.

https://wtfhappenedin1971.com/

August 15, 1971 is the day the west died , for when Nixon ended the gold standard and bretton woods he removed the entire world from hard currency and allowed the boomercracy to destroy centuries of capital accumulation via inflation to live comfy and bribing themselves out of any conflict.

>>23135849
Don't forget more women in the workforce. Now dual income is standard and raises the cost of living.

>>23135950
Your dollar is no longer backed by gold? Then buy gold with the money you earn. What's the difference?

>>23135941
>and "working up the ladder" when there's no longer a ladder to work up in.
all those boomers are dead

employment isn't where we made our money. We own houses and we onw businesses and we own debt. That's where we made our money. Don't be stupid. Wageslaving is the first step, and we had to do it just like you have to. But it won't ever make you rich.

>>23134578
Thank you for posting this. Was too tired to argue with this boomer cock sucking faggots

>>23136082
>Thank you for posting this. Was too tired to argue with this boomer cock sucking faggots
his stupid post started the argument, you thumb-sucking downie

>>23135393
> Rent 20x what it was in 1980
> Home prices 3-4x even accounting for inflation
> Huge amount of homes are just rented out and will never be on the market
> Cities not building new homes / increasing density because of lobbying and NIMBY Karens, so rent/property price goes up
> Wages flat for decades
> Need a BS/MS Degree for entry level jobs, trades are filled with nepotism and good ol' boy clubs which limit access
> Uncontrolled immigration and H1B abuse push down wages at both entry level and mid sector jobs, offshoring removes them entirely from the US market.
> Just pull bootstraps, it's your fault you were lazy!
The average person under 40 today needs to work, longer, harder, and for less money than their parents did. Yet somehow it's their fault? If it's so damn easy this thread wouldn't exist, holy shit the myopic view.
>>23135912
Debt is because of your own policies. Patience? What a joke. The only way you get a raise is by changing jobs today. Slaving at a job for 20 years and being told you're "next in line", only for the promotion to be "canceled" or given to a guy off the street is the hallmark of your generation, not mine.
>>23136036
Which again is irrelevant, because people today are getting *priced out* from ownership, because the cost of wageslaving is so damn high now. The mobility just isn't there like it used to be, which is why so many people are unhappy.

>>23136017
There was a game theory behind the system designed in the post war , and before the post war countries used gold as backing anyway.

The bretton woods system was easy

The usd was backed in gold and the rest of the western world and japan used the usd as reserve.

So the usd could not print money and politicians finance gibsmedat with inflation since the usd was exchangeable for gold.
At the same time japan , france or any other country could not inflate their currency since their currencies were backed in usd (which was fixed to gold).

So the game theory forced politicians to balance budgets to mantain the parity to the usd and the usa politicians were forced to maintain a budget to maintan a parity with gold.

And gold HAS A NATURAL INFLATION BELLOW 2% PER YEAR, and i mean a real inflation rate , not the bullshit indexes that are altered.

So what happened after August 15, 1971?

Nixon opened the pandora box , a few years later inflation got out of control , then they removed real estate from inflation indexes to hide it , and outsourcing to china with slave wages to hide the lost purchasing power.

https://wtfhappenedin1971home.files.wordpress.com/2020/06/7dc2e053-b6dc-471e-a41b-1aac52be41f5.jpg

Not to mention that at the same time since nixon broke bretton woods , since now currencies had a parity to an inflated usd , started to inflate too.

So basically since 1971 every currency is devaluating constantly relative to fixed assets like real estate.

1 euro is 1,18 usd but relative to real estate both are going down since both are inflating.

>>23136158
How much money have you made in the time you've been here reading and arguing?

that's the real problem kiddo. You don't know how to make money. You only know how to bitch about not knowing how to make money.

stop crying on /biz/ and go do something you worthless piece of shit.

>>23136332
Teach me to make money

>>23136332
Houses are 2.5x larger now because that’s profitable for the builders currently. That’s a bigger bill for me that I don’t want.

Houses have 2.5x more workers and 10x the amount of debt. An anon posted a job requiring a MASTERS to get paid 12/an hour.
You need education to get a call back
But your lack of experience is a problem

Can’t believe your advocating for marriages this hard. With the rates of divorce and married women having boyfriends. It’s a legally binding contract

Look, your generation didn’t have bitcoin. You didn’t have a government printing trillions, you didn’t have corporations offshoring businesses to save money. San Francisco was affordable in your time. Now you need 6 figures minimum to consider there. In state tuition did not cost 30k YEARLY for 4 YEARS to get paid 45-50k starting.

You can’t even start a business in this climate without getting killed from competition, lack of funds.etc
There’s a movement of people living in vans to save money.

McDonald’s 30yrs algo was around dollar.
Homes cost on average 110-200k in a good location. Wages paid fairly in comparison to inflation.

>>23136036
You bought houses:assets with a strong currency(thanks to your grandparents) in a favorable business climate when you could go to school working as a bus boy.

Now we are in a strict business environment with an ever weakening dollar against powerful elites where you have to pray to allah that whatever scheme your working on actually works.

>>23136192
Thank you, good post.

>>23134910
Cringe and bluepilled.

>Boomers grow up with 15% interest rates on savings accounts.
>Millennials get zero/negative.
Does it get any more quintessentially boomer than trying to make this argument?

>>23136401
hustle at your wagie job until you can get enough experience and money to start your own biz. I recommend selling business services whether it's landscaping or janitorial or IT or whatever. But if you're not smart enough for that you can sell to the public. Either way owning your own business is how you start making money. Then you invest in other people's businesses.
>>23136431
these are all real obstacles but you guys underestimate how hard we had to work to hit an even lower bar and then you give up because your 5 minutes of effort didn't pay off.

we know you can do it because we're still doing it.
>>23136533
true on school costs
but you don't need a degree to be a busboy.
or even a restaurant manager, and they make far more than you might imagine. Managers that is, not busboys.

>>23136832
>>Boomers grow up with 15% interest rates on savings accounts.
that was on our mortgages
savings paid about 6% which was a reflection of the high rates on debt.

>>23134411
lol the average boomer was not investing 10k a year in 1980 when they were 20 yrs old. That would be a ridiculous percentage of average earnings for a 20 yr old in 1980. Like probably close to 100%. It's a completely unrealistic scenario.

>>23136332
Ignorant boomers disgust me. The dumbest but luckiest generation. Try to keep up with the times will you?

>>23137409
>Try to keep up with the times will you?
most of us are still working in the very same economy and job and housing markets you're failing in

>>23137499
Right but you can’t argue that it’s an entirely different experience between someone who’s starting out in these times vs someone who had the chance to build wealth and experience in better times

Haha and failing.. I am a techie with 200k tc job offer which is nothing special but not a failure

>live near DC
>average SFH that isn’t in a garbage neighborhood is $700k
What the fuck is this shit man

>>23136941
I’d rather pay 15% interest on a new 100K house instead of 3% for the same house that now costs 700K and comes with 50 years of problems.

>>23137153
Married with a mortgage building 10k of house equity per year. And if age 20 is not realistic then shift it to age 25.

>>23137641
I don't know because I had a terrible time starting out back in the day and no problems starting over more recently. But starting over I already have the knowledge and the resume that makes it way easier.

so I have no clue about that. I suspect starting out is a miserable thing in either time, and it seems impossible. But we did have luck. Nobody ever told me that buying a house is a key to wealth, but we lucked into that.

>>23137729
money illusion. A $100k house back when rates were at 15% would probably be a $5million house now. As I recall houses in my town were going for about $10k back then and even those were unaffordable for most people. Now you can buy them for $350k and most people still can't afford them.

>>23137729
Yeah but you can buy a new home for 700k.

>>23134411
No one can convince me housing and real-estate is fairly priced.

>>23137916
It probably needs to crash 30%. But if it never crashes then you just locked yourself out of the market.

>>23137948
>you just locked yourself out of the market.
nah, your purchasing power increases over time so housing seems cheaper as you get older. There's always time to buy in but you miss the gains you could've made earlier.

or losses. It's not impossible to lose money on houses.

>>23138114
I met quite a few 35-40 yo single people in the city who rented their whole life, and even though they made a good salary they hardly had any savings to show for it. Whereas if they bought a house they would have some equity.

>>23134987
Yeah 55% of age 18 to 28 year olds live with their parents right now the rest rent and very very few own property.

>>23134411
Boomers got the US out of the gold standard. Anything else that's discussed around it is secondary to this.

>>23138204
I know a young accountant who bought a 700k house a few years ago when he got married. He is an accountant so he obviously did some calculations on it. And guess what it has appreciated in value by 200k in a few years.

>>23134578
>This means the minimum wage of the usa should be 17,54 usd per hour.
The minimum wage should be zero

Housing as an investment is the dumbest fucking thing and you can't debate me.
If you genuinely think having a "real estate" market is a good idea, I don't know what to tell you.

You're supposed to fucking LIVE there

>>23138286
>The minimum wage should be zero

Agree but you can't have it being 0 in an inflationary system

>>23137882
>A $100k house back when rates were at 15% would probably be a $5million house now.
Yea going to need you to run the math on that one, champ. Interest rate means dick when you consider wages have remained stagnant for literal decades, once again, those who cannot admit that fact are literal retards and cannot and will not acknowledge >>23134578

>>23138324
Why not? Doesn't all of Scandinavia have no minimum wage?

>>23138351
god you're stupid

go back and read again, you'll see you're just agreeing with me and I already acknowledged your post

a good post, but you're not smart enough to understand any of what you posted.

>>23134972
This isn't accurate. Generally speaking, taxes have trended downwards since WWII when the top tax bracket was above 90%. It didn't get below 50% for the top bracket until the late 80s.

>>23138402
the tax rate for the top bracket is irrelevant to a guy making minimum wage retard

>>23138360
Yes but the little secret of the faggots is that they don't use the euro , so any inflation they have makes them more competititve with the european union nations for exports.

The same shit that greece does but since they are not in the euro it gives benefits to them.

Finland is the exception but then again they are massive exporters, also the euro has relative low inflation anyway.

>>23138402
Not true , 1971 us minimum wage pays income taxes now lmao.
Also regulations are out of control raising the price of everything, the meme of muh neoliberal 1980 reducing taxes is just that a meme.

A way they increased the velocity of money to hidde the inflation that the fiat system was creating.

>>23138551
Same is true for minimum wage.
https://www.irs.gov/statistics/soi-tax-stats-historical-table-23
Capped at above 20% for the lowest tax bracket around WWII. It hasn't been above 10% since 2000, hasn't been above 15% since the 60s.

>>23134446

>cost of education
>cost of healthcare
>housing/rent cost
>the value of a college degree
>only competition was white males because everyone else was held back from good jobs

Uh wut.

>>23136106
You are such a piece of shit, like 30 posts are from you just giving everyone a hard time.

>>23134578
Basically nailed it.

>>23134578
This

>>23137653
I lived in DC for three years. That entire area is completely insulated from the market. I was there in 2008 and they didn't even care there was a market crash.

>>23135061
average boomer was 35 years old in 1990.
average millenial today is 33 years old. shieeeeeeet