Gen Z and Middle-Income Earners Focus on Retirement Savings

Reported about 6 hours ago

A recent survey by Principal Financial Group reveals that 77% of middle-income earners are saving more for retirement than planned, with an average savings rate of nearly 8%. HerMoney CEO Jean Chatzky highlights that Gen Z is setting savings goals ten years earlier than previous generations, indicating a growing awareness of the importance of retirement planning among younger individuals.

Source: YAHOO

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