Don’t cry for millennials or Gen Z. Save your pity for those in their 50s https://t.co/JPznWKnRTm ...

When we start off with the news over the weekend, we heard the we saw the president post about this, a 50-year mortgage. The 30-year has been the standard here in the US. We also, in all fairness, offer 15-year mortgages.>> Yeah. >> Your thoughts on a 50-year mortgage and what would that do to home prices. The idea of a longer mortgage.>> So, it's interesting. We we ran the math. Um, it's about $120 in savings per month.It increases buying power by by about 5%. So, call it $20,000. Um, but it's not a clean ...

Don’t cry for millennials or Gen Z. Save your pity for those in their 50s https://t.co/8UgE0hoOh0 ...

Don’t cry for millennials or Gen Z. Save your pity for those in their 50s https://t.co/x6aD2fpWiG ...

RT Nick Szabo (@NickSzabo4)The numbers don't back it up. Although surveys tend to be all over the map, most show GenZ is saving a somewhat higher percentage of their incomes than Millenials or Boomers did. The problem is they have considerably less income, relative to asset and housing prices, and rent and health care and education costs, from which to save. ...

Don’t cry for millennials or Gen Z. Save your pity for those in their 50s https://t.co/aA4J7rsJb6 ...

Don’t cry for millennials or Gen Z. Save your pity for those in their 50s https://t.co/nXPnqltAjL ...

Don’t cry for millennials or Gen Z. Save your pity for those in their 50s https://t.co/IXcp5Dx56d ...

Don’t cry for millennials or Gen Z. Save your pity for those in their 50s https://t.co/2dLDXErKas ...

Core Insights - A recent survey indicates that younger Americans, particularly Generation Z and millennials, are increasingly doubtful about the reliability of Social Security as a primary income source during retirement [2] - Only 5% of Generation Z and 16% of millennials with 401(k) plans believe Social Security will be their main income source upon retirement, prompting a shift towards personal investments and 401(k) plans [2] Summary by Category Survey Findings - The survey conducted by Cerulli reveals a significant lack of confidence among younger generations regarding Social Security [2] - The statistics show that merely 5% of Generation Z and 16% of millennials with 401(k)s expect Social Security to be their primary income source in retirement [2] Behavioral Trends - In response to their skepticism about Social Security, younger Americans are increasingly focusing on personal investments and 401(k) plans as their main financial strategy for retirement [2]