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GOBankingRates spoke with two investment experts to get their top picks for helpingGen Z set up a comfortable retirement.
The Gen Z cohort has a very long investing time horizon.
Roth IRAs: The Tax-Savvy Choice
This is an absolute no-brainer with tax-free growth, he said.
Thats the MVP of retirement accounts.
That is free cash, plain and simple.
Contribute enough to get that full match and max this thing out.
Real Estate: The Long Game Winner
Real estate is your long-game strategy, Mendenhall said.
It might not be the flashiest asset in the short term, but its a beast regarding long-term wealth.
Buy a property, rent it out, let someone else cover your mortgage and watch your equity build.
Okay, I know youre hyped on crypto, he said.
And hey, its cool.
Its like playing offense.
It can give you huge gains in record time.
But heres the thing: Dont go all-in on crypto.
Make it your wild card: max 5%-10% of your portfolio.
Investing for retirement isnt about getting rich quick its about makingsmart, consistent choicesover time.
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