Poll: 61% of young adults confess they are not saving for retirement

The Alarming Retirement Savings Crisis Among Young Americans

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In a damning indictment of the financial state of young adults in the United States, a recent study has revealed that a staggering 61% of those aged 18 to 34 are not saving for their retirement. This startling statistic lays bare the harsh reality facing a generation grappling with a perfect storm of economic challenges.

People in the United States are facing significant financial challenges:

1. Nearly 41% of young adults perceive the economy’s current condition as “poor”, while 38% consider it “fair”

2. 55% of young adults are not planning to purchase a home this year, despite a recent decline in interest rates

3. 61% of young adults confess they are not saving for retirement

4. 34% of young adults maintain a side hustle to supplement their income

5. 56% of young…