Costco Millionaires, Half of Gen Z Lives At Home & Erewhon $12 Water | GCP 1016

Group Chat News is back with the hottest stories of the week. Team USA is out of the World Cup and the guys are done with soccer but not before breaking down why American sports franchises are worth more than every soccer team on Earth. Then they get into the wealth-building conversation nobody wants to hear, why nearly half of Americans under 30 live with their parents, and the $12 water that broke the internet.

This week's Group Chat covers:

• Team USA is out — the World Cup fallout, the Argentina conspiracy, and soccer's broken rules
• Vinod Khosla's group buys the Seattle Seahawks for $9.65 billion
• Why one NFL team is worth more than almost every soccer club in the world
• Thousands of hourly Costco workers now have over $1 million in their 401(k)s
• The boomer math nobody talks about — save 5-10% since 1990 and you'd have $6 million today
• Why the S&P 500 is the "Premier League" of investing and still available to everyone
• Is the system actually broken, or are we just wired for instant gratification?
• Nearly half of Americans under 30 now live with their parents — coddling or smart money?
• The participation trophy generation and how parenting changed the game
• Sleepaway camp, self-sufficiency, and raising kids who can take care of themselves
• Erewhon's $12 water sells out — genius marketing or peak status symbol?

And much more!