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.

  • bluGill@kbin.social
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    1 year ago

    Most people in the Us are better off than the 50’s-90’s. They may feel worse off, but that is not an objective measure.

      • BenadrylChunderHatch@lemmy.world
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        1 year ago

        The argument of people being ‘better off’ now is that technology is better and more available. It is much cheaper to buy a big 4k flat panel tv now than a black and white tv with four channels and no remote back in the 50s. We have the Internet, smartphones, better health care, video games, music, streaming services, cheap air travel, food from all over the world, robot vacuum cleaners, air conditioning etc. etc.

        What we don’t have so much of is cheap housing, good secure jobs, any reasonable degree of income equality etc.

        • squiblet@kbin.social
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          1 year ago

          Okay, fair point that racial equity and access to opportunity has increased significantly in most of the country. Gender equality has come a long way as well, though it’s also a “ha ha you have to work now too and your family is still worse off than it was, good luck with paying for day care”

        • Flying Squid@lemmy.world
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          1 year ago

          Which was a huge bullshit injustice which need correcting and hurt a lot of people.

          But now we’re at the point where skin color doesn’t matter in this scenario. Only bank balances matter. And you probably don’t have a high enough one to afford a house no matter what color your skin is.