According to a recent survey from The Generation Lab, 81% of young Americans say the economy is either bad or terrible. While Deloitte finds that 47% of Gen Z and Millennials are living paycheck to paycheck. Ed Elson, co-host of the "Prof G Markets" podcast, joins Katy Tur to discuss where this group is placing the blame.
Is that because (for workers) the economy is bad?
Not a lot of teenagers with 401ks
There arent a lot of people with 401ks in general. The average American has less than $1k saved for retirement
And yet there’s a Reddit that makes me feel shame with my squirrel fund.
What is retirement?