XML Financial Group Blog

Gen Z is expecting a 40-year retirement. Good luck, experts say

Written by XML Financial Group | Jul 11, 2023 2:00:00 PM

A recent survey reveals Generation Z’s striking optimism about their retirement prospects. Not only do they think they’ll be able to retire at age 60 on average; almost 40% of them expect to live to be 100. They’re also convinced they’ll only need $1.2 million to fund all 40 years of retirement. To no one older than 30’s surprise, experts strongly suggest that the younger generation will have to moderate their expectations in coming years. 

Click here to read the article.

 

This communication is for informational purposes only. No content or reference to a third-party article is intended to be a recommendation for the sale or investment in any product, strategy or service nor should it be perceived as individual advice. This commentary does not necessarily reflect the opinions of all employees or XML Financial Group and its affiliates (“XML”).  XML is not responsible for any actions taken related to this information.