Retiring Early on Side Hustles: How Gen Z is Redefining Work and Retirement
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Gen Z expects to retire earlier than other generations, at age 61, but is most concerned about having enough savings despite side hustles.
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Gen Z is very open to seeking financial advice, especially from family/friends and 401(k) plans, but also social media.
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Gen Z is more willing than other generations to forgo raises for better benefits and flexible work arrangements.
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Gen Z is embracing freelance work and side hustles that can turn into careers more than older workers.
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Gen Z is contributing 10% or more of income to 401(k) plans, a good start to retirement savings.