Best Saving Strategies for Millennials and Gen Z in 2025
Latest on pension reforms, asset management deals, financial advice, crypto retirement trends, budgeting strategies, inheritance tax insights, and global retirement planning.
- What caused injuries during the pension reform protests in Peshawar?
A) Clashes between protesters
B) Tear gas and baton charges
C) Stampede among protesters
D) Accidental fire outbreak
Answer: B) Tear gas and baton charges - What does Generali aim to achieve with BPCE?
A) A pension fund merger
B) A major asset management firm
C) Expansion into crypto investments
D) A global insurance platform
Answer: B) A major asset management firm - What financial advice do wealthy leaders often give?
A) Save rather than invest
B) Focus only on inheritance
C) Invest early and learn from failures
D) Avoid risk entirely
Answer: C) Invest early and learn from failures - What triggered debate over pensions in the UK recently?
A) Triple lock comments by Kemi Badenoch
B) Sudden pension cuts
C) New retirement policies
D) Increased pension taxes
Answer: A) Triple lock comments by Kemi Badenoch - Why did Charles Schwab see profit growth in Q4?
A) Increased asset management fees
B) Reduced operating costs
C) Expansion into crypto investments
D) Government subsidies
Answer: A) Increased asset management fees - What percentage of Gen Z views crypto as a retirement option?
A) 10%
B) 20%
C) 30%
D) 40%
Answer: B) 20% - What rule is recommended for budgeting?
A) 30/30/40
B) 50/30/20
C) 20/40/40
D) 60/20/20
Answer: B) 50/30/20 - Which country saw record inheritance tax receipts?
A) USA
B) UK
C) Canada
D) Germany
Answer: B) UK - What is one poor habit Warren Buffett warns against?
A) Spending on luxury items
B) Ignoring stock investments
C) Lack of financial literacy
D) Overspending on unplanned purchases
Answer: D) Overspending on unplanned purchases - Which demographic is highlighted for overspending on certain items?
A) Boomers
B) Gen X
C) Millennials
D) Gen Z
Answer: D) Gen Z - What did Saif Ali Khan reportedly face regarding his properties?
A) Government acquisition
B) Family disputes
C) International lawsuits
D) Sudden property devaluation
Answer: A) Government acquisition - What benefits are gig workers set to receive?
A) Health insurance
B) Social security
C) Pension access
D) Tax exemptions
Answer: B) Social security - What act aims to help retired US public sector workers?
A) Social Security Fairness Act
B) Federal Retirement Protection Act
C) Worker Equity Act
D) Pension Security Act
Answer: A) Social Security Fairness Act - Which country has the largest pension wealth in 2025?
A) USA
B) China
C) Japan
D) Germany
Answer: A) USA - What percent of Americans cannot define a 401(k)?
A) 30%
B) 43%
C) 50%
D) 60%
Answer: B) 43%
