this post was submitted on 23 Oct 2023
1006 points (97.0% liked)

Work Reform

9966 readers
1057 users here now

A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.

Our Philosophies:

Our Goals

founded 1 year ago
MODERATORS
 

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.

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 43 points 1 year ago* (last edited 1 year ago) (1 children)

In many countries, yes. People in India and China for instance are on average more likely to not be in severe poverty and subsistence vs 40 years ago, though western-style modernization has caused it's own problems. However most people are less well off in the US than we were in the 50s-90s. Reagan economics seems to have been 'wait, why are we letting the middle class exist? We could just keep all their money'. Seriously though i was completely fucked over by what I mentioned and it's only based on luck that I'm not homeless.