Gen Z Faces Murky Investment Picture in Pursuit of Retirement Goals

  • 📰 FoxBusiness
  • ⏱ Reading Time:
  • 31 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 33%
  • Publisher: 53%

Finance News

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

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 458. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Monday.com's Outsized Investment in Productivity Software MarketMonday.com, a productivity software company, has received a significant investment due to the lucrative nature of workflow management services. Other companies in the same category, such as Trello and Wrike, have also experienced successful acquisitions. Monday.com's user growth has supported a successful IPO, valuing the company at over seven billion dollars.
Source: NewYorker - 🏆 90. / 67 Read more »

Massive Building Growth Presents Investment OpportunityThe world will have to add the equivalent of an entire New York City to the world every month for 40 years to accommodate the influx of city dwellers. This represents the biggest wave of building growth in human history and also a massive opportunity for investors, according to Sadek Wahba, the founder and chairman of I Squared Capital.
Source: CNBC - 🏆 12. / 72 Read more »