Nearly half (47%) of working millennials have $15,000 or more in savings and 16% have $100,000 or more in savings, according to Bank of America’s “Better Money Habits” report, which surveyed 2,000 millennials aged 23 to 37. The bank asked about the total amount of savings, including bank savings/checking accounts, IRA, 401(k) and other retirement or investment accounts.
This surprised me until I looked into the details. First, they're only talking about WORKING millennials. Secondly, as the last sentence states, it's all checking/saving/investment accounts. Considering that they're totaling all of that, 15k isn't really that impressive to me. I'm 27 (right in the middle of the millennial generation, I think?) and after some quick math I have about 21,500, despite only just now starting my FI journey.