Northwestern Mutual Study Reveals Gen Z's Retirement Savings Strategy
According to the Northwestern Mutual 2025 Planning & Progress Study, Generation Z is starting retirement savings at age 24 and plans to retire by 61—offering a potential compounding advantage over older generations. However, challenges such as rising inflation (Core PCE up to 129.28), longevity risk, and an average personal savings rate of 4% may impact the feasibility of this plan.
Topics: compounding interest Gen Z financial behavior longevity risk retirement savings