Gen Z says Retirement is overrated
• Gen Z workers are the biggest cohort of nonsavers.
• Retiring early is out and “soft saving” is in — at least according to Gen Z.
• Newly minted adults between the ages of 18 and 25 are more interested in experiences that promote personal growth and emotional well-being.
• Inflation’s recent run-up has made it harder for those just starting out
• Soaring food and housing costs,
• They are also carrying larger student loan balances.
• Many would rather spend their money on an extended trip, than pad a savings account.
• Every dollar you set aside in your 20s will compound over time.
• $10k invested by 25 is compounds to
$20k at 32
$40k at 40
$80k at 48
$160k at 55
$320k at 62
https://linktr.ee/RobBlack.
#short #shorts #shortvideo #shortsvideo #trending #stocks #stockmarket #stock #market #finance #investing #investment #latest #fed #interestrates
