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The barriers that once delayed the milestones of adulthood for Millennials have begun to fade, and recent data shows the generation may be turning into “boring, responsible grownups.” The improving economy has decreased underemployment, and allowed for more to buy cars and houses: in 2014, Millennials beat Gen X in overall car sales, and in 2015, they accounted for 35% of home buyers (up from 32% in 2014).

Apr 25 2016

The barriers that once delayed the milestones of adulthood for Millennials have begun to fade, and recent data shows the generation may be turning into “boring, responsible grownups.” The improving economy has decreased underemployment, and allowed for more to buy cars and houses: in 2014, Millennials beat Gen X in overall car sales, and in 2015, they accounted for 35% of home buyers (up from 32% in 2014). The stereotype that the generation is not financially preparing for the future may never have been true: a study has revealed that on average Millennials started saving and investing at 23-years-old, while Gen X was 26-years-old and younger Boomers were at 32-years-old on average. (Time Inc.)