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IF millennials only have a 100k net worth at 40 there is no way that they will be able to retire at 65. Hello to working until one dies.
There's no fucking way Millennials have 100k in net worth on average. As a member of the oldest leading edge of that generation, we just don't. It's far, far less.

What would that even be? Half of a small house?

Outliers are dragging up the average. Median would’ve been a better statistic.
Yeah I misread as median. It would also depend on what bubble one is in, higher net worth could seem more normal.