Getty Images; Chelsea Jia Feng/BI
- Millennials are actually doing pretty well financially right now.
- Owning a home and having started a 401(k) can create what's been called "phantom wealth."
- These millennials are rich on paper — but might not feel it.
Imagine two elder millennial friends sitting in a coffee shop, eating avocado toast (this is all about generational generalizations, so let's stick to
