CEO Warns Gen Z Faces Bleak Financial Future: "Nobody Cares More About Your Career Than You Do"

• USAA CEO Juan C. Andrade warns Gen Z will be financially worse off than boomers and Gen X due to stagnant wages, rising prices, and a tough job market.
• Young workers face low starting salaries and increased competition for entry-level jobs, challenges older generations didn't confront.
• Bloomberg analysis shows UK graduates' inflation-adjusted salaries are 30% lower than 15 years ago; Kickresume found 58% of recent graduates still seek their first job.
• Limited financial literacy, increased borrowing, high interest rates, and a significant drop in credit scores worsen Gen Z's financial health.
• AI disruption is replacing entry-level tasks, making career paths less predictable; Andrade advises Gen Z to take responsibility for their own progress.