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Born into crisis, gen Z is saving for retirement like no other generation
(www.theguardian.com)
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this post was submitted on 06 Jul 2025
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A Boring Dystopia
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Tldr:
Older gen Zers, with memories of the 2009-10 financial crisis, are saving more, but experts say employers should help
Sun 6 Jul 2025 10.00 EDT
Research published at the end of last year by the Investment Company Institute with help from the University of Chicago found that gen Z – those born between 1997 and 2012 – are “outpacing” earlier generations in contributing to retirement, having more than three times more assets in their 401(k) retirement savings accounts than gen X households had at the same time in 1989, adjusted for inflation.
I presume this will be used to justify cutting state pensions when the boomers have died off
The reward for playing the game in a way to protect yourself, as always, is the rules changing to fuck you over anyway.