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Survey: 62% of Gen Z Workers Expect to Retire Before 65, Far More Than Older Generations

A Payroll Integrations report on financial wellness finds 62% of Gen Z employees expect to retire before age 65, compared with 36% of millennials, 31% of Gen X and just 3% of Boomers. The same report shows 90% of Gen Z workers are already contributing to a retirement plan, the highest participation rate of any generation surveyed, and separate ICI data shows Gen Z households are three times more likely than Gen X was at the same age to hold retirement accounts.