The Retirement Conundrum: Why Gen Z's Fear of Saving Is Misguided A recent letter from "Young and Wants to Retire" in Slate's Pay Dirt column has sparked a timely debate about the challenges facing young people when it comes to saving for retirement.
At 23, this reader is questioning the value of contributing to their employer sponsored plan, citing the dismal prospects of their co workers who have been working for decades but still struggle to make ends meet.
However, their concerns are rooted in a flawed assumption: that their own financial situation will mirror those of their older colleagues.