This financial trend is known as “Soft saving”. Furthermore, the term has been called Gen-Z’s answer to FIRE and hustle culture.
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News1811-01-2026, 12:00

Gen Z Embraces 'Soft Saving' for Mental Well-being Over Early Retirement

  • Gen Z is shifting from traditional financial planning, prioritizing experiences and mental well-being.
  • A recent Intuit Prosperity Index study highlights this trend among 18-25 year olds.
  • This new financial approach is termed 'Soft Saving', contrasting with the FIRE movement and hustle culture.
  • Gen Z focuses on personal growth and fulfillment in the present, rather than solely saving for an unknown future.
  • The study indicates Gen Z is less interested in early retirement, viewing saving as progress, not pressure.

Why It Matters: Gen Z's 'Soft Saving' prioritizes present well-being and personal growth over traditional early retirement goals.

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