Overview
- A poll of 2,000 working adults conducted by OnePoll for Skipton Building Society underpins the findings.
- Gen Z expect to retire at 60, earlier than millennials at 62, Gen X at 64 and baby boomers at 68.
- Plans center on travel, holiday homes and cruises, with 27% prioritising experiences and 16% eyeing a move abroad.
- Funding expectations lean on personal savings for 57%, cashing in investments for 35% and side hustles for 21%.
- Despite ambitious goals, 33% do not know their monthly pension contributions; 26% seek guidance from parents and 15% use AI tools such as ChatGPT, as Skipton promotes free money advice.