Survey: 62% of Gen Z allocate 20% of income to investments

TAIPEI (TVBS News) — Six in ten Generation Z respondents (Gen Z) actively invest (62%), allocating NT$7,113 monthly on average, which is about 20% of their income, according to a survey released by 1111 Job Bank (1111人力銀行) on Wednesday (Aug. 21).

This trend contradicts the stereotype of young adults living paycheck to paycheck.

The survey indicates that Gen Z (who were born between the late '90s and the late aughts) primarily invests in ETFs (65.3%), stocks (60.0%), fixed deposits (28.1%), mutual funds (17.3%), and foreign currencies (14.6%). These diverse investment choices reflect a strategic approach to financial management among young adults.

Moreover, Gen Z's investment goals include wealth creation, improving quality of life, emergency savings, combating inflation, and funding travel.

According to Taiwan Stock Exchange (台灣證券交易所) data, the number of account holders under 30 reached 2,154,695 in July, accounting for 16.7% of all account holders and marking a three-year high for the same period. This statistic underscores Gen Z's practical and proactive financial attitudes, demonstrating their eagerness to seize market trends and accumulate wealth.