Why the Gen Z Dating Scene Is All About Retirement

Concerned about an AI bubble? Sign up for The Daily Upside for smart and actionable market news, built for investors.

Have you ever asked a date about their emergency savings or 401(k) balance?

That may sound like a faux pas to many readers, but it's just common sense for some in Gen Z. The generation is feeling the squeeze when it comes to the high cost of living and preparing financially for the future, new survey data from Bank of America shows. Even among Gen Z households earning more than $100,000, only 26% contribute to a 401(k). It's not that they aren't saving, but rather that the majority are focused on paying down debt, building emergency savings and preparing for important life events like buying a home. In this context, assessing a potential romantic partners' financial wherewithal feels like a necessity, as does reducing the amount of money spent on dates and entertainment. Sure, dinner and a movie are nice, but so is a healthy emergency fund.

"We can joke about it, but the fact that Gen Z has this focus on assessing a potential partner's financial situation says a lot about the challenges they're facing," said Matt Gellene, head of specialized consumer client solut

Fuente original: Yahoo Finance (https://finance.yahoo.com/small-business/articles/why-gen-z-dating-scene-040200992.html)