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Benzinga
Benzinga
Business
Caroline Lubinsky

Robinhood CEO Says Gen Z Is Obsessed With 'Grandparent' Products Like Cassette Tapes And Walkmans—And Now They're Opening Retirement Accounts At 19

Teen's $100,000 College Dream Meets Harsh Reality

There was a time when retirement accounts were something you opened in your 30s, maybe after buying a house or having kids. But according to Robinhood co-founder and CEO Vlad Tenev, that timeline may already be outdated. The generation known more for side hustles, digital wallets, and instant everything is now opening Roth IRAs at 19—and not because anyone told them to.

Tenev recently appeared on the "Uncapped with Jack Altman" podcast, where he described what he called "a broader trend of things that are old and kind of… maybe that your grandparents would use, being cool again." 

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