Gen Z Income Expectations: Young Australians Say They Need AU$200K To Live Comfortably
A recent poll has shed light on the varying amounts of money Australians from different generations believe they need to feel financially comfortable.
The findings, based on a nationally representative survey by Finder.com.au, revealed significant differences between the generations, with the most striking expectations coming from Gen Z.
Across all age groups, Australians said they would need an average annual income of around AU$165,000 to live comfortably. However, the expectations of Gen Z, those born between 1997 and 2011, were notably higher, with many saying they would need nearly AU$200,000 per year, reported News.com.
This figure stands in stark contrast to Baby Boomers, who, having largely retired and paid off their mortgages,........
© International Business Times
