Is Gen Z Struggling To Save for Retirement?

The Derrick
 
Is Gen Z Struggling To Save for Retirement?

A recent survey by Ernst & Young reveals that 69% of Gen Z workers rate their current financial situation as only “fair,” or worse, with 32% rating their current money situation as poor or very poor. According to the report, finances are the top driver for anxiety in this generation.

While they’re struggling with money, another report by Transamerica Center for Retirement Studies reveals Gen Z will have difficulty saving up for retirement and have been negatively affected by the pandemic.

Each week I'll list the best widely available free agents for fantasy football — I define "widely available" as being owned in around half of all ESPN or Yahoo leagues — and some guys who are probably better off in the free agent pool than collecting dust on your roster.

The NBA has promoted Intae Hwang and Sha’Rae Mitchell to its full-time referee staff for the coming season. Hwang is a native of South Korea who moved to New Jersey in 2020 with hopes of becoming a referee in the U.S. He worked seven games as a non-staff official last season and has also worked in the G League, the WNBA, the Summer Olympics and the Basketball World Cup. Mitchell refereed 11 games as a non-staff official last season, and has also worked in the G League and WNBA. She also worked college games for five years, in the Pac-12, West Coast, Big Sky and Western Athletic conferences.

The Colorado Buffaloes got back to work after a win over Arizona State where coach Deion Sanders described their play as “hot garbage.” At 4-2, Colorado already exceeded the win total most oddsmakers had for a school coming off a one-win season. The Buffaloes can take another step toward bowl eligibility when they face Stanford this week. Colorado may receive a big boost much sooner than anticipated as two-way standout Travis Hunter was cleared to practice and could potentially play. Hunter has been out since taking a late hit in the Colorado State game on Sept. 16 that sent him to the hospital with a lacerated liver.

FGFTRebDALLASMinM-AM-AO-TAPFPTSJones Jr.18:154-60-12-5018Williams24:463-50-01-9418Lively II20:113-50-12-6256Doncic4:593-60-00-0109Exum25:394-53-30-29313Hardaway Jr.22:478-190-01-30021Curry19:385-112-30-01213Green17:452-54-61-3329Powell16:056-81-23-40213Kleber15:010-20-00-4000Hardy14:073-93-4…

Johan Santana threw out the ceremonial first pitch for the Minnesota Twins before Game 3 of the AL Division Series. The two-time AL Cy Young Award winner had a special guest bring him the ball: Pablo López. Santana had a surprise for López when he approached the mound: a López jersey. The two Venezuelans shared a smile and a hug as the Target Field crowd roared. López wore a Santana jersey to the ballpark last week before he pitched the Twins to a victory in the AL Wild Card Series. López grew up idolizing Santana.

DENVER — The officer who shot and killed 14-year-old Jor’Dell Richardson on June 1 did not violate any department policies, according to an Aurora Police Department internal investigation released Tuesday.

Luka Doncic has returned to Spain to a warm reception from former club Real Madrid in a preseason game with the Dallas Mavericks. He received a standing ovation by the home fans and was honored by his former teammates before the game. The “Luuukaaa” chants were back in the Spanish capital five years after the star guard left for the NBA. The Mavericks’ star looked moved while watching his past highlights on the big screen before the game. Doncic played less than five minutes and scored nine points in Dallas’ 127-123 loss against his former club. Tim Hardaway Jr. led all scorers with 21 points for the Mavs.

Nigerian police say gunmen have attacked yet another school in the country's troubled northern region where they abducted four students. The Nasarawa State University, near the capital city of Abuja, was “invaded by unidentified gunmen” who took the students hostage from their lodge, said a spokesman for the Nasarawa police. The police said security forces responded to a distress call about the attack and “combed the area, but to no avail.” The police commissioner has ordered a manhunt for the culprits and hopes to rescue the four victims unharmed. It is the third school abduction in the West African nation in the last month.

A flock of swans that grew from a gift from Queen Elizabeth II nearly 70 years ago is being rounded up in Florida to ensure they are all healthy. Some 50 swans were collected Tuesday in Lakeland, which is east of Tampa. Park supervisor Steve Williams said the birds are a cherished part of the city. The roundup occurs each fall so that veterinarians can conduct health examinations of the city-owned swans, with those scheduled for Wednesday morning. Lakeland’s mute swans are descended from a pair given by the late Queen Elizabeth II in 1957.

Carey Mulligan confirmed that she and husband Marcus Mumford are now parents of three.

Miami Dolphins rookie running back De’Von Achane will miss multiple weeks with a knee injury, according to reports from ESPN and NFL Network.

BOSTON & JOHANNESBURG--(BUSINESS WIRE)--Oct 10, 2023--

One of the two biggest proposed carbon dioxide pipeline projects in the Midwest is being put on hold so the company can reevaluate the route. Navigator CO2 Ventures has withdrawn its application for a permit in Illinois. And it said in a statement Tuesday that it was putting all its permit applications on hold while it reassesses the project's route through South Dakota, Nebraska, Iowa, Minnesota and Illinois. The Illinois permit is crucial because that’s where the company planned to store the carbon dioxide. But Navigator isn’t abandoning the project. Opponents promised to resume their fight against the project fight if the company reapplies in the future.

US-Audiobooks-Top-10 week ending 10/6/2023

DETROIT — An Ingham County judge granted a temporary restraining order against fired Michigan State football coach Mel Tucker and his lawyers, prohibiting Tucker's legal team from releasing additional text messages from a cell phone that lawyers for sexual-assault victim and advocate Brenda …

RALEIGH, N.C. — The Democratic National Committee and the North Carolina Democratic Party plan to sue North Carolina over an elections law passed Tuesday, arguing that it will cause voter suppression.

MINNEAPOLIS — The head coaches for Big Ten men’s basketball teams descended upon Target Center for the conference’s annual media day.

KENNEDY SPACE CENTER, Fla. — SpaceX’s powerhouse Falcon Heavy rocket has flown commercial satellites, secret Department of Defense payloads and Elon Musk’s Tesla roadster into space. Now NASA is banking on the rocket for the first time, aiming to send a probe named Psyche to an asteroid with…

JEFFERSON CITY, Mo. — State transportation officials are asking for $76 million in federal funding to expand passenger rail service in Missouri.

MIAMI — A former Haitian senator pleaded guilty Tuesday in Miami federal court to conspiring with others in Haiti and South Florida to kill his country’s president, including attending a key meeting with Colombian commandos on July 6, 2021 — the day before authorities say they assassinated J…

One of the surprises of the Rugby World Cup pool stage was that South Africa was the only team not to concede a yellow or red card. The defending champion Springboks were also one of the least penalized. Their 34 penaties conceded put them among the top six teams. Asked about their relationship with referees, South Africa director of rugby Rassie Erasmus says, “The first word is respect.” He isn’t kidding. Erasmus has been sanctioned by World Rugby in 2021 and 2022 for criticizing the referees on social media. He admits now his reaction was wrong. He adds their record in the pool stage of no cards and few penalties shows they have earned back respect from referees.

Business Highlights: A summary of the day’s top stories in the business world.

KANSAS CITY, Mo. — One name keeps popping up in all the commotion about the Travis Kelce-Taylor Swift relationship: Kayla Nicole.

LEXINGTON, Ky. — Gov. Andy Beshear committed to serving a full second term if he’s re-elected this year, ruling out a U.S. Senate run in 2026, he told the Herald-Leader editorial board in a wide-ranging interview Tuesday.

Clemson offensive coordinator Garrett Riley was brought in to supercharge the Tigers' attack. But halfway through the season, Riley said the offense has been too inconsistent and mistake-prone as Clemson reaches its bye week. The Tigers are 35th nationally at 437 yards a game. But they've lost twice so far, and the ACC preseason favorites are unlikely to lift any trophies this season. Clemson has lost 10 turnovers that have led to 49 points for its opponents. Riley said he'll keep stressing consistency and solid technique to prepare for the rest of the year.

South Carolina coach Shane Beamer said injured receiver Antwane “Juice” Wells Jr. will likely miss the team's game against Florida. Beamer said Wells was doubtful for Saturday's contest as he continues to heal from a left foot injury early in the 24-14 loss to No. 1 Georgia last month. Wells has missed the past two games and continued rehab during South Carolina's bye this past week. Beamer didn't want to fully close the door to Wells' return this week because he said the receiver was healing well.

Cannabis dispensaries in California won't be able to convert their businesses into cafes where they can sell food and host live concerts anytime soon.

The Coast Guard says it has recovered remaining debris from a submersible that imploded in June on its way to explore the wreck of the Titanic, killing all five onboard. Officials said Tuesday that the salvage mission conducted under an agreement with the U.S. Navy was a follow-up to initial recovery operations roughly 1,600 feet away from the Titanic. The Coast Guard says the recovery and transfer of remaining parts was completed last Wednesday, and a photo showed the intact aft portion of the vessel. The multiday search mounted after Titan went silent captured attention around the world. The Coast Guard’s Marine Board of Investigation is continuing its analysis and conducting witness interviews ahead of a public hearing on the tragedy.

Sophie Turner and Joe Jonas have reached a custody agreement a month after the "Sucker" singer filed for divorce from the "Game of Thrones" actor.

Amazon may have found a use for all its extra warehouse space — but regulatory scrutiny could come with it.

The Atlanta Braves and Philadelphia Phillies are tied 1-1 in the National League Division Series. The Phillies will start right-hander Aaron Nola in Game 3 on Wednesday in Philadelphia. The Braves have not yet named a starting pitcher. The Phillies are trying to regroup after an epic Game 2 meltdown in a loss to the Braves.  Travis d’Arnaud and Austin Riley each hit a two-run homer, and a game-ending double play for the ages wrapped things up for the Braves.  A great catch by Michael Harris II and an alert backup and throw by Riley ended the game on a double play.

It’s been nearly a year since Elon Musk acquired Twitter, and more than the average landlord, he’s made some changes to the storefront: replacing the social media platform’s cheerful winged mascot with an ominous “X,” stripping all but paying subscribers of verified status, and turning it fr…

The nation’s longest-running tennis tournament is staying in Cincinnati. Amid speculation the tournament would move, Beemok Capital announced Tuesday that the Western & Southern Open will be played just outside of Cincinnati for another 25 years. Founded in 1899, the Western & Southern Open is the longest-running professional tennis tournament played in its city of origin. It is one of the world’s largest nine tournaments where men and women compete at the same time. Beemok Capital acquired the tournament from the USTA in 2022 and looked at relocating the tournament, perhaps to Charlotte, North Carolina. With the tournament staying, Beemok is finalizing plans to make significant investments in facilities and fan experience.

NEW YORK — As New York law enforcement officials boost resources to houses of worship in response to the violence in Israel, Gov. Kathy Hochul and Mayor Eric Adams demanded Tuesday that social media giants clamp down on dangerous speech circulating on their platforms.

The Los Angeles Dodgers cobbled together a 100-win regular season against the odds, using a strong offense to compensate for a beat-up starting rotation. Time is running out for that formula to produce even one postseason win. The Dodgers are down to their last chance in Game 3 of the National League Division Series, facing a 2-0 deficit against the Arizona Diamondbacks when the series continues on Wednesday night. Much has been made of L.A.‘s bad starting pitching in the first two games, but it’s also been true that the Dodgers’ vaunted offense hasn’t been doing much. Mookie Betts is 0 for 7 over the first two games while Max Muncy is 1 for 7 and Freddie Freeman is 1 for 6.

Florida’s Republican attorney general will oppose a proposed amendment protecting the right to an abortion if it makes next year’s ballot. Attorney General Ashley Moody didn't tell the state Supreme Court why she'll oppose it. She notified justices Monday that a petition has reached enough signatures to trigger a language review. A group called Floridians Protecting Freedom has gathered just more than 400,000 of the nearly 900,000 voter signatures it needs to make the ballot. It requires the Supreme Court to make sure the ballot language isn’t misleading and applies to a single subject.