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FIAP > Boletín – Otras Publicaciones > Transamerica Center for Retirement Studies publishes the study “The New Social Contract: Young Adults Reinventing Life, Work and Retirement.”
18 February, 2021

Transamerica Center for Retirement Studies publishes the study “The New Social Contract: Young Adults Reinventing Life, Work and Retirement.”

The study explores the attitudes and behavior of workers in their 20s, a cohort that includes both Millennials and Generation Z.

The report is based on a survey of young adults in 15 countries in the Americas, Europe, Asia and Australia. It was noted that these workers are juggling a wide variety of priorities in life, such as their careers, enjoying life and planning for their financial future. They are also addressing financial priorities, which include paying basic expenses, enjoying life, buying a property, dealing with important life events, supporting the family, and paying off debts.

While a relatively low number of young adults report retirement saving as a financial priority, many have already begun to think about retirement. According to the survey, 32% of them are “regular savers” who ensure that they are always saving for old age.

To access the full study, click here.

 

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