group of millennial people (Photo: Shutterstock)

A new study from Charles Schwab demonstrates that younger workers are ready to receive retirement advice from a range of sources and have a willingness to consider a variety of retirement savings tools as they look toward their futures.

Schwab’s 2022 “401(k) Participant Study – Gen Z/Millennial Focus” underlines how approaches to retirement can vary across generations with an emphasis on how younger workers are considering their retirement savings options. The study reveals some key differences that can help financial advisors and employers serve members of the Gen Z and millennial generations.

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