For Gen Z workers, saving for retirement may feel out of reach.

High interest credit cards and student loan payments can drain a paycheck before the month even begins. With rising rents and higher everyday prices, there’s barely room for anything beyond the basics.

But getting started with retirement savings needn't be hard.

• Begin small — even a few dollars per paycheck helps build a good habit. Small, consistent contributions can grow dramatically over time, when you have decades to accumulate them.
• If you have a workplace retirement plan, contribute at least enough to earn any employer match.
• And if you have no workplace plan, consider opening an IRA.

The choices and financial jargon within a retirement plan may feel overwhelming, but options like target date funds help reduce complexity and keep you properly invested without needing expert advice.

The biggest mistake isn’t choosing the wrong fund for your retirement dollars; it’s not starting at all. Small steps today can build real flexibility tomorrow. And time is Gen Z’s biggest advantage.

This content was provided by Edward Jones for use by Lee Van Pelt, your Edward Jones financial advisor at (541) 756-0854 edwardjones.com/lee-vanpelt. This article was written by Edward Jones for use by your local Edward Jones Financial Advisor.

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