Young Adults Are on an Uncertain Road to Retirement
Global research examines the perspectives, priorities, and preparations of workers in their 20s
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LOS ANGELES, Jan. 28, 2021 /PRNewswire/ With increasing strain on social security systems globally and the economic effects of the pandemic intensifying, young adults are setting out on an uncertain journey of work and money. They are expecting to self-fund an even greater proportion of their retirement income than previous generations. However, few young adult workers (age 20 to 29) think they are on course to achieve their retirement income needs (20 percent global, 26 percent U.S.), according to a report released today,