The Lost Priorities of Gen Z: When Vacation Takes Precedence Over Retirement A recent report by JPMorgan Asset Management has highlighted a concerning trend among young adults in their 20s: they are prioritizing vacations over retirement savings.
Nearly half of Gen Zers are opting for immediate gratification, putting off long term financial planning until later. This behavior is not unique to young adults, however.
A majority of workers across all age groups are struggling with inadequate retirement savings and acknowledge that they should be doing better.