Gen Z Archives - Pension Policy International

28FebFebruary 28, 2025

UK Pension Fund Pulls £28bn From State Street Amid ESG Policy Divisions

The People’s Pension, the UK’s largest commercial master trust, has withdrawn £28bn from State Street, prioritizing sustainability, active stewardship, and long-term value creation. The fund awarded a £20bn equity mandate to Amundi and £8bn in fixed-income assets to Invesco, both sharing the People’s Pension’s commitment to responsible investment. This decision comes amid the European Commission’s recent Omnibus package, which narrows corporate sustainability reporting legislation in the EU, and a retreat from ESG initiatives by US firms under the Trump...

February 28, 2025

News, SliderGen Z, Labor Market, Saving

27FebFebruary 27, 2025

‘Unique financial pressures’ threaten Gen Z retirement prospects

"Unique financial pressures" are threatening the retirement prospects of Gen Z (ages 18-29), according to a new report from the Pensions Policy Institute (PPI) The report, The Concerns of Gen Z, found that despite "universal benefits" from automatic enrolment (AE) in workplace pension schemes, young people's ability to save is being constrained by economic uncertainty, high student debt, unaffordable housing, and changing employment patterns. According to the report, these pressures have led many to prioritise short-term financial flexibility, often at the expense of...

February 27, 2025

News, SliderGen Z, Labor Market, Saving

25FebFebruary 25, 2025

Micro-retirement: has gen Z found a brilliant fix for burnout?

Is this one of those things where gen Z takes an old concept, gives it a new name and pretends they invented it? Not at all. The concept is taken from a 2007 book called The 4-Hour Workweek by Timothy Ferriss. I take it back. Although nobody really talked about it until this year, when a bunch of TikTokers started doing it, so you’re partly right. So what is it? You know work-life balance? I am vaguely aware of it, yes. And you know how the company you work for only cares...

February 25, 2025

News, SliderGen Z, Labor Market, Retirement Planning

17JunJune 17, 2024

US. Gen X is the least confident about retirement as ‘crunch time’ nears—and has done less to prepare than boomers or millennials

The cohort once derided as the “slacker generation” is about to start heading into retirement, and many Gen Xers aren’t feeling so optimistic about it after not doing as much to get ready. Only 62% of Gen Xers feel confident about “being able to financially support all the things they want to do in life,” according to Allianz Life Insurance’s 2024 annual retirement study. That’s well below baby boomers (82%) and millennials (77%). To be sure, the simple fact that Gen X...

June 17, 2024

NewsGen X, Gen Z, Millennials, Retirement Planning, US

04JunJune 4, 2024

US. Here’s How Every Generation Views Retirement in 2024, From Gen Z to Baby Boomers

Different generations might have different viewpoints about retirement based on their values and experiences, but one thing just about every age group agrees on is that you need a lot of money to retire comfortably in the United States. A study released earlier this year by Northwestern Mutual found that every generation except boomers believes it takes over $1 million to retire comfortably. The average retirement savings target is $1.46 million. Here’s how it breaks down by generation: Gen Z: $1.63 million Millennials: $1.65 million ...

June 4, 2024

NewsBoomers, Gen Z, Millennials, Retirement Planning, US

02MayMay 2, 2024

The Retirement Labyrinth: Navigating Challenges for Gen X and Y

For many, the road to retirement is paved with uncertainties. This is particularly true for Generations X and Y. Caught between the Boomer behemoth and the enigmatic Zoomers — these generations face unique challenges. In contrast to their predecessors who rode the wave of economic prosperity, Gen X and Y encounter choppy waters: stagnant wages, rising healthcare costs, and unstable job markets. This blog post, however, delves into the specific challenges these generations face and offers practical strategies for navigating toward financial security. The Generation X...

May 2, 2024

NewsGen Z, Millennials, Retirement Planning

02JanJanuary 2, 2024

How Gen Z is navigating the world of wealth

More than 50 percent of the world’s population is under the age of 30. But raging global inflation means most of Gen Z, born in the late 1990s to late 2010s, can barely afford to pay rent and food bills. However, Gen Z is starting to harness its increasing buying muscle (see Fig 1) and the way they view their financial choices is different to previous generations. So, who are Gen Z listening to and trusting? Dr Michael Harrison is...

January 2, 2024

NewsGen Z, Income, Saving

26OctOctober 26, 2023

México. En comparación con otras generaciones, los Gen Z planean un retiro anticipado y utilizan la IA para lograrlo

A diferencia de las historias pesimistas de las Generaciones X, Millennials y Baby Boomers, la Generación Z tiene planes sólidos para un retiro anticipado, y piensan concretarlo a la edad de 61 años, antes que otras generaciones. Esto se desprende de una encuesta realizada en octubre por Charles Schwab, que encontró que, mientras otras generaciones retrasan su jubilación, los Gen Z que ya han comenzado a ahorrar para un retiro anticipado y buscan asesoramiento y recursos para lograrlo. Schwab encuestó a...

October 26, 2023

NoticiasGen Z, Planeación del retiro. México, Tecnología

24AugAugust 24, 2023

Aging Is Trending On TikTok – Lean In To Inspire Gen Z’s Retirement Goals

Coastal grandmother and grandmillennial may be popular design trends on TikTok but getting younger generations to financially plan for those years is more of a challenge. Nearly a third of Gen Z workers are not are not saving for retirement, according to a recent Bankrate survey, and roughly the same amount report feeling behind on their planning. While the Gen Z cohort, which includes workers between the ages of 18-25, has the benefit of time to build the foundations of...

August 24, 2023

NewsAging, Financial Literacy, Gen Z, savings

05AprApril 5, 2023

Younger workers stashing more in retirement plans, Vanguard study says

Younger workers today are participating in their workplace retirement plans at higher rates than they were 15 years ago, and they're saving more, according to new research from Vanguard. In 2021, 62% of Generation Z workers — those between the ages of 18 and 24 — participated in the retirement plans offered through their employers, up from 30% of people in that age range who did so in 2006. Their average deferrals also ticked up to 5.4% from 4.8%. Millennials too...

April 5, 2023

NewsGen Z, Millennials, Retirement Planning, savings

February 2025

UK Pension Fund Pulls £28bn From State Street Amid ESG Policy Divisions

‘Unique financial pressures’ threaten Gen Z retirement prospects

Micro-retirement: has gen Z found a brilliant fix for burnout?

June 2024

US. Gen X is the least confident about retirement as ‘crunch time’ nears—and has done less to prepare than boomers or millennials

US. Here’s How Every Generation Views Retirement in 2024, From Gen Z to Baby Boomers

May 2024

The Retirement Labyrinth: Navigating Challenges for Gen X and Y

January 2024

How Gen Z is navigating the world of wealth

October 2023

México. En comparación con otras generaciones, los Gen Z planean un retiro anticipado y utilizan la IA para lograrlo

August 2023

Aging Is Trending On TikTok – Lean In To Inspire Gen Z’s Retirement Goals

April 2023

Younger workers stashing more in retirement plans, Vanguard study says