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Gen Z is going to have a hard time getting rich

gen z

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Gen Z is walking a rocky road to getting rich.

They’re set to earn less than previous generations on stocks and bonds, reported The Economist, citing Credit Suisse’s global investment returns yearbook.

In fact, the generation can expect average annual real returns of just 2% on their investment portfolios — a third less than the 5%-plus real returns that millennials, Gen X, and baby boomers have seen. Credit Suisse’s analysis took in average investment returns since 1900 and forecasted them going forward for Gen Z.

The report acknowledges that marked deflation could increase bond returns, details ⇒

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