It's good to see a study that quantifies what we have suspected for a while now: millennials aren't doing as well as their parents were at any given age. This is why certain "life thresholds" such as getting married or buying a house are delayed, sometimes significantly.

The annoying thing is that this is typically blamed on imaginary negative traits that millennials possess, such as laziness or spite borne out of feelings of entitlement. Whereas the fact is that Boomers had it really, really good, having grown up during an age of unprecedented growth, especially in contrast to the rest of the developed world, which was recovering from World War 2. That's the main reason they have done so well economically: America's rising tide has lifted all their boats. Unfortunately, this has come at the expense of subsequent generations, who now have to live with, and pay, their debt.