Money & Wealth8/8#28 / 57
Retirement regret: 5% at 20, 34% at 60
Foundation Regret·All ages
At twenty-seven he says retirement is far away. At sixty-one he remembers saying the same thing thirty years ago. In a survey of 3,684 U.S. adults, the share naming "not saving for retirement early enough" as their biggest regret was 5% for Gen Z, 11% for Millennials, 26% for Gen X, and 34% for Boomers. The same regret grows with age. Not because it was unknowable, but because we knew and postponed it.
Not saving for retirement early enough is the top regret for 5% of Gen Z and 34% of Boomers.
— Bankrate/YouGov generational survey, 3,684 U.S. adults (2023)
TODAY’S PRACTICE
Set up the first transfer to your sixty-year-old self today.
#StartEarly#Generations#AutoSave
SOURCE
Bankrate generational financial regrets survey (2023)
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