CLIMATE STRESS HAS MILLENNIALS RETHINKING RETIREMENT: STUDY

By Mary Helen Gillespie

“Millennials are the first generation to reach retirement-savings-age amid the climate crisis,” says lead study author Marissa Hettinger, a graduate student studying human development and family science in the Norton School of Human Ecology in the University of Arizona College of Agriculture, Life, and Environmental Sciences. The study was first reported on Futurity.org.

“As a millennial myself, I was interested in understanding how we think about preparing for the future and how climate change impacts our choices,” Hettinger says. “When our parents and the generations before them set up their 401k and Roth IRAs, they weren’t necessarily thinking about the impacts of climate change when they reach retirement age.”

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Hettinger worked alongside Sabrina Helm, chair of retailing and consumer science and associate professor of retailing and consumer science, and Kealie Walker, a graduate student studying human development and family science.

Their findings appear in the Journal of Family and Economic Issues.

Related: Severe Climate Risks Could Impact Your Home’s Value

Related: Don't Delay: Start Saving for Retirement in Your 30s

2025-02-06T00:12:40Z