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Gen Z Investors More Likely Than Baby Boomers to Report Midterm-Related Changes

Gen Z Investors More Likely Than Baby Boomers to Report Midterm-Related Changes

Photo: TokenPost

Gen Z investors were 55 percentage points more likely than Baby Boomers to report changing retirement savings or portfolios ahead of November’s midterms. Seventy-two percent of Gen Z respondents said they had changed retirement savings or a portfolio in anticipation of the election outcome, compared with 17% of Baby Boomers. The 55-percentage-point gap compares the shares who reported making a change. Among Gen Z respondents, 24% said they moved money into more conservative or lower-risk investments. Another 24% said they increased contributions to take advantage of current conditions.

Source: TokenPost

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