The Millennial generation is often at the front of controversy among statistics, economic studies and news articles for being drastically different from the generations before it. News outlets often cite Millennials for downturns in economic sectors including chain restaurants and the housing industry, or rises in other industries including live events and coffee. Although no generation behaves the same as the last, Millennials are attributed to changing much in America due to their sheer size.
In fact, Millennials will likely receive the greatest wealth transfer in modern history from their baby boomer parents. However, the reality is that baby boomers are healthier and living longer than even they planned, so that wealth transfer might not happen for 20-plus years.
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