Despite flak for doom-spending their money, Gen Z may be more prepared for retirement than baby boomers, research reveals
PositiveFinancial Markets

- A recent study indicates that Generation Z may be better prepared for retirement than baby boomers, largely due to features like autoenrollment and expanded Defined Contribution plans offered by employers. This finding challenges the perception that younger generations are financially irresponsible.
- This development is significant as it highlights a shift in financial preparedness among younger workers, suggesting that despite criticisms of their spending habits, Gen Z is leveraging modern financial tools to secure their future.
- The contrast between Gen Z's financial strategies and the misconceptions held by baby boomers about wealth accumulation underscores a broader debate about economic privilege and the systemic advantages that have historically benefited older generations, particularly in terms of property and pensions.
— via World Pulse Now AI Editorial System







