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.

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.

  • spiderkle@lemmy.ca
    link
    fedilink
    arrow-up
    35
    arrow-down
    2
    ·
    edit-2
    1 year ago

    Wow what a boomer article. Most young people just don’t expect the current systems and institutions to last that long. Millenials have lived through several financial crises and economic downturns with no chance for improvement in sight. It just gets worse until the generation responsible for it dies out.

    So I’d much rather live in the now making memories of adventures and good times with friends & family as long as i’m able to, than have a bit more money in the bank that won’t be worth shit when i’m old. Peace of mind is great and all but the future is an illusion you can never fully prepare for.

    • Cosmic Cleric@lemmy.world
      link
      fedilink
      English
      arrow-up
      6
      ·
      edit-2
      1 year ago

      Wow what a boomer article.

      No, that’s a capitalist “greed is good” article in disguise.

      Some of us Boomers actually wonder WTF the ‘New Deal’ went, and lament it’s loss for our grand/children.

      Seriously, stop buying into and dividing up one side that would stand together against that kind of thing.