Retirement Expectations and Savings Strategies for Americans.

Generation Z expects to retire at 60 and live to 100, with only $1.2 million needed to fund their 40-year retirement, according to a survey by Northwestern Mutual. However, financial advisors warn that this expectation is unrealistic and that Gen Z needs to adjust their outlook and preparations for retirement. Experts suggest that Gen Z should meet with a financial advisor to come up with a tailored plan, consider other investments like real estate, and focus on monthly cash flow that can be inflation-adjusted over time.