Browsing Tag
Generation Z (Gen Z)
40 posts
Gen Z Total Income Stretches to $1.1T
Still, close to half continue to live with parents due to inflation, rising home rates, and debt
Gen Z Foresee an ‘Untraditional’ Retirement
Advisors will have to pivot their meaning of retirement to meet Gen Zers, who foresee a future of career breaks, industry transitions, flexibility, and travel, reports TIAA
Gen Z is Focused on Saving—But the Struggle is Real
Financial frustrations are troubling these youngest members of the workforce, but research shows they are motivated to save—and want their employers’ help in doing so
Gen Z Names Savings, Not Debt Management, as Top Financial Goal
Yet, HR leaders and managers say reducing debt is the youngest working demographic's main goal
Americans Expect Inheritance to Fund Portion of Retirement
However, respondents to a Northwestern Mutual survey still expect their 401(k) or retirement account to fund most of their retirement
Gen Zers are ‘Loud Budgeting’ to hit Savings Goals
Over one-third of Gen Zers are comfortable vocalizing their savings goals with loved ones, finds Bank of America
Millennials and Gen Z Prefer Alternative Investments to Build Wealth
The report by Bank of America finds that younger investors are likelier to allocate their funds to cryptocurrencies, private equity to grow wealth
Generational Investor Confidence High Thanks to More Options, Starting Sooner
Schwab Modern Wealth Survey finds each generation thinks it’s in a better position to achieve financial goals than the previous one
Gen Zers, Baby Boomers Prefer Southern Living in Retirement
In fact, all generations surveyed in the GoBankingRates report say they would rather go to the south for retirement
Younger 401(k) Participants Seek Personalization Features
Gen Z respondents were likelier to share personal information about their retirement savings and expected retirement age out of all other age groups, finds Cerulli