Gen Z Faces Murky Investment Picture in Pursuit of Retirement Goals

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Gen Z,Retirement,Investment

Gen Z is applying their tech-savvy mentality to money-making decisions, but helping them reach their retirement age goal of 61 paints a murky investment picture.

Gen Z is applying their tech-savvy mentality to money-making decisions, but helping them reach their retirement age goal of 61 paints a murky investment picture. "A lot of these young people now don't have as much to invest and to really afford to play with the risks," The Heritage Foundation Tech Policy Center director Kara Frederick told FOX News Digital. "The game has changed in so many ways. There might not be a lot to lose, but you could lose it all." "Whether it's A.I.

or a digital solution, it's really important to distinguish what you're trying to get from the tool that you're using. And I think a lot of workers and individuals, I feel like they skipped that step," Charles Schwab Communication Consulting and Participant Education director Marci Stewart also told Digital. "They go to the tool thinking it's going to solve the challenge, but maybe they don't really pinpoint the challenge." An October study by the money management firm found that 75% of Gen Z respondents are comfortable asking artificial intelligence tools for help with financial planning

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