Gen Z Retirement Savers Aim Low With $300K Target, Study Shows
Nearly half of twentysomethings guessed a $300K retirement goal, far below the $1.26M-$1.6M experts estimate they will need. A majority of twentysomethings are saving for retirement, but 47% set a target of $300,000, well below the $1.26M to $1.6M range suggested by recent