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RegExp("[?&]notifications=1(&|#|$)");"desktop"===y&&i&&b.test(window.location.search)&&(i.checked=!0)};be("ybar-mod-notification",(function(e){var t={isUH3:"crunch"===e.getConfig().ytheme,notifContainer:document.getElementById("notification-container"),notifBadge:document.getElementById("notif-badge"),notifMenu:document.getElementById("ybarNotificationMenu"),notifMenuOpener:document.querySelector("#ybarNotificationMenu + label"),notifDropdown:document.getElementById("notifDropdownContainer"),tooltipContainer:document.querySelector(".".concat(Vn)),notifLabel:document.querySelector(".".concat($n))};t.notifDropdown&&ro(e,t)}))}()}};]]>Crystal MayerSat, Aug 23, 2025, 12:08 PM 3 min readLike the generations that came before them, Gen Z is thinking about retirement. While still young, many have already begun saving for their golden years, and are dreaming of what life will be like when they can finally retire from their 9-to-5 job.Check Out: 6 Mistakes Boomers Are Making With Their Money in the Trump EconomyRead Next: 4 Housing Markets That Have Plummeted in Value Over the Past 5 YearsAccording to the 25th Annual Transamerica Retirement Survey of Workers, this generation has had a tumultuous start to their careers, having come of age during the pandemic. However, they have had unparalleled access to retirement savings plans and are more financially literate than any previous generation.Here are the five ways Gen Zers said they are planning to spend their retirement, and whether they are on track to achieve their goals.According to the Transamerica retirement survey, 65% of Gen Zers listed traveling as a top priority during retirement. Luckily, the generation may be on track to achieve this dream. As reported by The New York Times, young adults are contributing to 401(k)s earlier and more aggressively than their predecessors. The generation understands the basics of compounding interest, and seems anxious to achieve financial freedom.Be Aware: Here’s the Minimum Net Worth To Be Considered the Top 1% in Your 50sGen Z, like most other generations, also hopes to spend more time with family and friends during retirement. Of respondents, 58% in the generation indicated this was important to them. Fidelity recommended that by the time a person is 30, they have 1x their salary saved in retirement. At 35, the investment company recommended having double.While Gen Z may be eager to hang with loved ones during retirement, they will need to step up the savings to have a fully funded account. The average 401(k) balance for individuals in this generation is $13,500, which is likely below the target amount. The good news is that Gen Z has time to stockpile savings.Another dream of Gen Z is to pursue hobbies during retirement. Nearly two-thirds (57%) listed it as a vital part of their golden years. Pursuing hobbies, however, can be expensive, and retirement plans will need to be fully funded to help ensure money is there long after a salary is gone. While Gen Zers started stashing retirement funds away earlier than their predecessors, they have also withdrawn more from their accounts. According to Transamerica, 26% of Generation Z workers have dipped into retirement funds either by withdrawing from a 401(k), IRA or a related account.Terms and Privacy PolicyPrivacy & Cookie SettingsMore InfoS&P 5006,466.91 +96.74 (+1.52%)Dow 3045,631.74 +846.24 (+1.89%)Nasdaq21,496.54 +396.22 (+1.88%)Russell 20002,361.95 +87.85 (+3.86%)VIX14.22 -2.38 (-14.34%)Gold3,418.50 +36.90 (+1.09%)PortfolioSign in to access your portfolioSign inTop gainersOPEN Opendoor Technologies Inc. 5.01 +1.41 (+39.17%)UI Ubiquiti Inc. 510.23 +119.66 (+30.64%)MNSO MINISO Group Holding Limited 26.63 +4.46 (+20.12%)RXO RXO, Inc. 16.97 +2.27 (+15.44%)NIO NIO Inc. 6.34 +0.80 (+14.44%)Top losersNEGG Newegg Commerce, Inc. 100.75 -15.03 (-12.98%)BJ BJ's Wholesale Club Holdings, Inc. 97.11 -9.05 (-8.52%)INTU Intuit Inc. 662.66 -35.10 (-5.03%)DUOL Duolingo, Inc. 331.87 -13.65 (-3.95%)CSX CSX Corporation 34.58 -1.29 (-3.60%)Most activeOPEN Opendoor Technologies Inc. 5.01 +1.41 (+39.17%)NIO NIO Inc. 6.34 +0.80 (+14.44%)INTC Intel Corporation 24.80 +1.30 (+5.53%)NVDA NVIDIA Corporation 177.99 +3.01 (+1.72%)LCID Lucid Group, Inc. 2.0300 -0.0600 (-2.87%)Earnings eventsTrending tickersBUD Anheuser-Busch InBev SA/NV 63.86 +0.80 (+1.27%)UP Wheels Up Experience Inc. 2.1700 +0.1500 (+7.43%)RBLX Roblox Corporation 117.52 +2.67 (+2.32%)BTC-USD Bitcoin USD 114,686.64 -514.70 (-0.45%)BX Blackstone Inc. 170.50 +7.06 (+4.32%)Top economic events