What the hell is this shit? Instead of pushing for the return to traditional pensions, capitalism is celebrating the idea that Millennials and Gen Z may simply never be able to stop working.
What the hell is this shit? Instead of pushing for the return to traditional pensions, capitalism is celebrating the idea that Millennials and Gen Z may simply never be able to stop working.
Generation Z is leading the "soft saving" trend, a new financial approach that prioritizes personal growth and mental wellness over aggressive saving goals.
Traditionally, retiring entails leaving the workforce permanently. However, experts found that the very definition of retirement is also changing between generations.
About 41% of Gen Z and 44% of millennials — those who are currently between 27 and 42 years old — are significantly more likely to want to do some form of paid work during retirement.
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This increasing preference for a lifelong income, could perhaps make the act of “retiring” obsolete.
Although younger workers don’t intend to stop working, there is still an effort to beef up their retirement savings.
It's ok! Don't ever retire! Just work until you die, preferably not at work, where we'd have to deal with the removal of your corpse.
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Retirement sounds like hell to me and has long seemed merely like a way to convince massive amounts of the population to delay taking earnings (pensions) or indirectly give their money to hedge fund managers to operate against their interests.
There are barely no conceptual issues with retirement in countries with public pension systems. Whatever the hell you guys have got going on in the US is a problem with the US implementation.
If you personally want to keep working at an old age, that's ok, but you should still respect other people's right to be sustained by society when they're too weak or feeble to properly gain their own bread.
In rich countries with public pension systems. Of course you would have no problem to retire if public pension is good enough for decent living
How did I not respect others?
I'm American, so I legitimately forgot other nations refer to social security retirement plans as pensions when I wrote that.
No personal attacks against you. An uncharitable interpretation of your previous comment would have interpreted your position as being against all forms of retirement, possibly because you personally didn't want to retire. I tried to word it in a way that attacked this idea, but without being overly confrontational with you. You sound like a reasonable person.