After landing their first job straight out of college, retirement is probably the last thing on the minds of Generation Z workers — whose most immediate concerns are student loans and cost of living expenses. Despite these obstacles, employers are in a great position to help ensure the financial stability of their youngest workers, a retirement expert says.
“I don’t think it’s ever too early to start thinking about retirement — the earlier you start, the better off you’ll be,” says Ashvin Prakash, director of product innovation at Ubiquity Retirement. “It should be top of mind, especially with what’s going on with social security and the rarity of pensions.”
