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Since the 1990s, Americans have been retiring later and later in life. But Generation Z thinks it can do better — way better.
According to a study by Northwestern Mutual, America’s youngest adults expect, on average, to retire at age 59. That’s a good deal younger than the average adult’s expectation, 64, and far younger than baby boomers, who said they expect to retire at 71. Even millennials set their sights slightly lower, with a retirement ETA of 61.
Nathan Place is a national reporter at American Banker. A native of New York City, he has worked for more than a decade in both print and video journalism. He got his start in Beijing, where he … Read full bio
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