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Gen Z Saves More But Feels Poorer

Why Gen Z is wealthy but feels poor

Generation Z demonstrates high savings rates, outperforming older age groups in investment and financial literacy. Despite starting retirement savings early, young people feel financially vulnerable.

The main reason for this paradox is the sharp rise in the cost of living. The real estate market has increased by approximately 40% since 2020, making homeownership unaffordable for many.

In addition to housing, significant factors include:

  • Rising education costs
  • Increasing daily expenses
  • Difficulty finding employment

Even having $100,000 in capital does not guarantee a sense of financial stability under current economic conditions.

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