- A survey indicates that 72 percent of Gen Z adults, aged 19 to 30, are delaying major financial and life goals due to significant financial pressures.
- Commonly postponed milestones include buying a house (31%), pursuing higher education (26%), starting a family (24%), and getting married (20%).
- Many Gen Z individuals are concerned these goals may be unattainable, with 34 percent doubting they will ever own a home and 20 percent believing they may never afford children.
- The financial challenges stem from historically high property prices, near-18-year-high mortgage rates, and increasing college tuition costs.
- Gen Z approaches these delays as a strategic decision rather than a setback, focusing on long-term savings and aiming for an earlier retirement compared to previous generations.
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