Bummer: 45% Of Millennials And Gen Z Not Saving For Retirement Because Of ‘Climate Change’

It’s all about the doom, you know. Too bad it would be extremely difficult to sue the ever-loving-crap out of the people who scared these young folks

45% of Millennials and Gen Z Cite Climate Change As A Reason They’re Not Saving for Retirement

Nearly half of Millennials and Gen-Z say they’re not planning for retirement as issues like climate change threaten their future, according to a new study from Fidelity Investments.

Forty-five percent of young people between the ages of 18 and 35 say they no longer see the point in saving for their retirement until things “return to normal.” That’s according to recent data from the Fidelity Investments 2022 State of Retirement Planning study.

Fidelity says it doesn’t have a definition for “normal,” but it’s likely to imply post-pandemic, drops in inflation and housing costs, as well as more concrete climate action.

“To this group, retirement seems like it’s a very long way away, and they have more immediate concerns,” Rita Assaf, vice president of retirement at Fidelity Investments, said in a statement. “It’s important to look at the big picture, and realize one of the most important things you can do [for financial health] is start saving for retirement.”

The study surveyed more than 2,500 Americans with at least one investment account. While 79 percent were optimistic about retiring on their own terms, the younger age group cited issues including housing prices, inflations, civil unrest, and climate change as roadblocks.

If they all gave up their big carbon footprints they could make a big difference, right?

“It’s really hard to look at the newspaper and not feel pessimistic sometimes,” one participant said. “For me, though, it’s important to keep in mind that every generation has had concerns and threats to their sense of security. But the world keeps spinning.”

Sixty-nine percent of Gen Z and 59 percent of Millennial social media users say it made them feel “anxious about the future the last time they saw content on social media about addressing climate change.” For older generations, Gen X and Baby Boomers, it’s about 41 percent.

Perhaps they should all take a step back and do some research to ascertain if the information, especially the headlines, are scientifically correct.

Meanwhile, via Watts Up With That?

“Terrify children with imminent doom.”

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7 Responses to “Bummer: 45% Of Millennials And Gen Z Not Saving For Retirement Because Of ‘Climate Change’”

  1. Hairy says:

    Teach partially because of YOU the USA has reduced its carbon footprint already 25%
    In the last 13 years. If this continues we will have cut it on half by 2035 and THEN we will start to see even faster declines as cars go all EV.
    70% of all the NEW power plants in 2021 were carbon free. 16% gas and 3% nuke. Thst nuke plant Vogtle ended up costing 1000% more than first planned. More than 1/2 of the total plant electric capacity shutting down this year comes from old nuke plants thst have come to the end of their service life. No utility hompanies want to build more they simply cost to much even when subsidized by “Los fedarales”

  2. tpm says:

    Like why man ya know like we are like doomed like

  3. Mark says:

    The problem with planning for no future is you have none when you outlive your plan.

  4. david7134 says:

    I feel sorry for these kids falling for the hoax.

    • drowningpuppies says:

      Would be willing to bet the huge majority of “kids” these days don’t feel this way at all and hopefully are smart enough to see through the various scams.

      It’s the “adults” one should worry about.

      Bwaha! Lolgf https://www.thepiratescove.us/wp-content/plugins/wp-monalisa/icons/wpml_cool.gif

      • L.G.Brandon!, L.G.Brandon! says:

        I wouldn’t presume to speak for everybody (like leftists love to do) but I was born in 1980 and that makes me a millennial and I have a very healthy retirement plan. Even though FJB is trying his best to ruin it. Plus I have my fire fighter’s pension. So far. It really doesn’t matter that much in my case since my parents are so rich dOwd would have them sent to a labor camp if he could.

        FJB and his whore VP.

  5. Doom and Gloom says:

    No future. Feeling Blue. Entitlement running out. No worries.

    Better call Chairman XI. He will guarantee you a job and a high rise. You can make socks the rest of your life and play video games of XI stabbing Muslims in an amusement park.

    You have a great life ahead of you Gen Z. Especially if YOU DONT WORK FOR IT, if YOU DONT FIGHT TO MAKE IT HAPPEN. IF YOU RELY ON DOWD AND THE HAIRY’s of the world to make the world for you.

    Gen Z is FUBAR because of people like Dowd and hairy who think they are all scienced up with all the facts about the weather and all. So no matter if it doesnt rain in a fake dessert such as Las Vegas and Los Angeles which steals water from the rest of the country to serve millions of entitled people who think the world owes them.

    Then complain and blame GLOBULL WARMING ON THE FACT ITS NOT RAINING IN A DESSERT. AGW is NAZI PROPAGAND LED BY HEIR GOEBELLS Herself. Greta the Horribly ill informed.

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