Engaging Gen Y
You probably have employees like Carlos, a Gen Y employee just starting out in his career. He is more focused on juggling daily expenses than saving for retirement. Carlos is open to financial guidance but wary of judgment because he hasn’t taken action.
Gen Y finances
Looking for advice
Gen Y is the least likely of all the generations to have received advice (42%), but they are also the most interested in receiving advice (83%). 1
Saddled by debt and the soft job market, 31% of Gen Y aren’t currently saving any money for retirement. 2
Gen Y is concerned about protecting retirement plan savings. 34% said they want to make sure their savings are safe, no matter what happens in the market.2
Information to help you engage employees and manage your plan more effectively.
For your employees
Information to help your employees plan their financial future.
Let’s work together to help employees pursue lifetime income
New to TIAA
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1 TIAA-CREF 2015 Advice Matters Survey
2 TIAA-CREF 2015 Lifetime Income Survey