It’s hard to imagine today, but there was a time when getting married and having a family, while building a community of friends and perhaps finding a hobby or two, was considered the mark of a rich and successful life. Work was a necessary part of life, but it wasn’t the whole enchilada.

Today it is, at least for millennials. While most Americans have jobs, millennials were groomed to spend a shocking amount of time and money building careers. As a result, they’re rich. According to new data from Pew Research Center, millennials (currently between the ages 22-37) earn more than young adult households did at nearly any time in the past 50 years.