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The young may be misguided in their desire to retire early
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Instead of pursuing early retirement, Gen Zers would be better served by building a sustainable career and life they enjoy.
PHOTO: ISTOCKPHOTO
Erin Lowry
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There’s a beautiful naivety to spending a couple of years in the workforce and deciding it’s not for you and it’s time to work towards opting out. Gen Z is the latest generation to stumble across the Fire – or Financial Independence, Retire Early – movement.
More than half already claim “club” membership despite their limited years in the workforce. Devotees of the movement typically boast high savings and investing rates combined with a zealous dedication to frugality. And therein lies the problem.
