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This necessary shift in preparing for retirement raises several different questions.
Why does Gen Z need to start sooner?
Most importantly, areGen Zers taking the right approach to secure their financial future?
Those days are gone.
Things are much different for Gen Z.
So, how can theysave morethan their predecessors for their eventual retirement?
Starting early is the best strategy.
One more caveat: The money in your retirement account needs to stay there for this strategy to work.
For instance, the U.S. inflation rate has hovered around3.5% this year.
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