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Fortune
Fortune
Business
Ivana Pino

The Gen Z retirement crisis: 1 in 3 aren't saving, experts say

Photo illustration of a young woman checking an investment app on her phone. (Credit: Photo illustration by Fortune; Original photo by Getty Images)

Saving for retirement is a shared goal among many, but some younger workers have hit the brakes on saving altogether. 

According to a new report from Bankrate, more than 30% of Generation Z have saved nothing for retirement over the past two years. And across generations, savers feel like they haven’t yet hit their retirement savings goals with 30% of Gen Z, 46% of millennials, 65% of Gen X, and 71% of baby boomers reporting that they feel behind on their retirement savings. 

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