Of all generational cohorts, older millennials are most likely to generate enough income to retire comfortably, according to the latest Vanguard Retirement Readiness report.

Specifically, millennials aged 37-41 have the greatest chance of landing a comfortable retirement.

  • Clent@lemmy.world
    link
    fedilink
    English
    arrow-up
    1
    arrow-down
    1
    ·
    1 year ago

    Sounds like he’s a landlord.

    So he’s skimming of others income. A leech.

    • Cryophilia@lemmy.world
      link
      fedilink
      English
      arrow-up
      1
      ·
      1 year ago

      Even leechyness aside, it’s just winning the housing market lottery. No one can afford a house right now, and if they could, it’s not appreciating like crazy anymore.

      The guy got extremely lucky with timing and also somehow found enough cash for a down payment.

      • Clent@lemmy.world
        link
        fedilink
        English
        arrow-up
        2
        ·
        1 year ago

        Correct. It is not a universal solution.

        “Can’t make rent, afford a car, food, etc? Just get some rental properties!” – out of touch wealthy people.