Retirement Savings: A Generation Gap
Update: 2025-11-11
Description
Exploring Retirement Savings: A Generational Breakdown - Baby Boomers lead in 401K contributions at 11.9%, followed by Gen X at 10.2%, Millennials at 8.7%, and Gen Z at 7.2%. Baby Boomers have the highest average 401K balance of $250,000, while Millennials average $67,300 and Gen Z $13,500. IRA contributions remain steady at $2,200, with Baby Boomers and Gen X increasing by 37% and 25% respectively.
The Daily News Now! — Every city. Every story. AI-powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
1.0x
