Gen Z fears they’ll never afford the life their parents had

Jump to contentThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged inAllNewsSportCultureLifestyleA survey indicates that 72 percent of Gen Z adults, aged 19 to 30, are delaying major financial and life goals due to significant financial pressures (AFP/Getty)A survey indicates that 72 percent of Gen Z adults, aged 19 to 30, are delaying major financial and life goals due to significant financial pressures. Commonly postponed milestones include buying a house (31%), pursuing higher education (26%), starting a family (24%), and getting married (20%). Many Gen Z individuals are concerned these goals may be unattainable, with 34 percent doubting they will ever own a home and 20 percent believing they may never afford children. The financial challenges stem from historically high property prices, near-18-year-high mortgage rates, and increasing college tuition costs. Gen Z approaches these delays as a strategic decision rather than a setback, focusing on long-term savings and aiming for an earlier retirement compared to previous generations. In fullGen Z are delaying weddings, home-buying and having children because they can’t afford itMore bulletinsThank you for registeringPlease refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in

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