I'd say the Millennials have a hard uphill climb ahead, mostly because they are starting out behind.
Check my tag. A rerun just for this thread.
Proud bleeding edge Boomer.
Several are still in college even though they are pushing 30. They take a reduced slate of classes, change majors as often as I chage my underwear, and spend their free time playing video games. They rarely take jobs, even in the summer. None ever seem to graduate. Mom and Dad subsidize their schooling and lifestyle without so much as a "tut-tut".
I know three or four Millennial girls who actually finished college. Only one has gainful employment. One is a "glamour model," which in her case means small time softcore porn. At least she is married and her husband works an honest job. Another girl is a cigarette girl (for lack of a better term) who works conventions and events for cash. A third is an "actress" in "Youtube Cinema". Her younger sister is a permanent rehab inpatient.
The only millennnial boy I know who has graduated college still spends all his time hanging out with the film and art crowd at his alma mater and produces hundreds of clever Facebook and Twitter posts a day. He has no income. I believe he sleeps on his friends couches and only eats on weekends when he goes home to his parents. He graduated way back in '09...this is definitely a lifestyle for him now.
I know a couple of Millennials who actually launched and started careers and families, but they are in the minority. I don't hold out much hope.