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International Business Times UK
International Business Times UK
Business
Vinay Patel

Gen Z Believes They Need £7.5M To Feel Financially Secure After Witnessing Parental Struggles

Gen Z sets the bar high, believing a £7.5 million net worth is essential for financial success, a notable increase compared to previous generations. (Credit: Pexels)

Gen Zers estimate they need nearly £7.5 million ($9.5 million) to feel financially secure—a figure likely shaped by witnessing their parents' struggles with retirement and in some cases returning to the workforce.

To achieve their vision of financial success, Gen Zers aim for a net worth nearly double that of Generation X. Their target stands at an astonishing £7,722,229 ($9,469,847), compared to Gen X's benchmark of £4,317,890 ($5,295,072).

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