While the average retirement nest egg shrunk by 23% last year, Gen Z workers’ balances grew by 14%, according to new data from Fidelity Investments.
WSJ financial reporting fellow Oyin Adedoyin joins host J.R. Whalen to discuss how Gen Z grew its savings despite a rough market.
Photo: Getty
0:00 Retirement accounts for young workers are rising
0:31 How did Gen Z investors do compared to other age groups?
1:32 Why Americans are not deterred despite a rough market
3:06 What type of investments do Gen Z workers have in the market?
3:30 What are target date funds?
Your Money Briefing
WSJ's personal-finance podcast features the news that affects your money and what you do with it, breaking down complicated money questions from spending and saving to investing and taxes.
For more episodes of WSJ's Your Money Briefing: https://link.chtbl.com/WSJYourMoneyBriefing
#GenZ #401K #WSJ
WSJ financial reporting fellow Oyin Adedoyin joins host J.R. Whalen to discuss how Gen Z grew its savings despite a rough market.
Photo: Getty
0:00 Retirement accounts for young workers are rising
0:31 How did Gen Z investors do compared to other age groups?
1:32 Why Americans are not deterred despite a rough market
3:06 What type of investments do Gen Z workers have in the market?
3:30 What are target date funds?
Your Money Briefing
WSJ's personal-finance podcast features the news that affects your money and what you do with it, breaking down complicated money questions from spending and saving to investing and taxes.
For more episodes of WSJ's Your Money Briefing: https://link.chtbl.com/WSJYourMoneyBriefing
#GenZ #401K #WSJ
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