#basic-needs-insecurity

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#campus-essential-needs-center #food-insecurity #snap-assistance #gen-z #retirement-withdrawals
fromFortune
1 month ago

Gen Z are dipping into their retirements, skipping meals and selling their belongings just to get by, new reports find

Gen Z is often stereotyped as frivolous spenders, but new data reveals a far more sobering reality. Nearly half have already dipped into their retirement savings-not for luxuries, but to pay down debt and cover emergencies. Many are also skipping meals, delaying medical care, and selling belongings just to make rent. Despite being the most active 401(k) contributors, Gen Z is being forced to choose between financial responsibility and basic survival.
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