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. - eviltoast

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.

  • Urist@lemmy.blahaj.zone
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    1 year ago

    Most are old

    Bingo!

    Try balancing a job and kids, reaching companies and schools without a smart phone. It will cost you time if you can’t just reach into your pocket. Example, schools in my area put school closures on Facebook and through email. Guess you could listen to the radio if you didn’t have access. Or watch the news on TV (Oh, actually, TV is a luxury, nevermind, much less useful. I don’t have TV, don’t have time to watch or the money to waste on cable).

    Smart phones are not an expensive luxury anymore, they’re a tool. They’re a tool that the younger, employed and child-raising part of society is assumed to have. I’m not saying you can’t do it, it’s just, well… Hope your kids can adjust to college life if they haven’t been exposed to tools like easy access to the internet. Their peers will probably have smart phones, at least as teenagers/young adults. Doesn’t bode well for them. You can get a cheap smart phone, even used iPhones aren’t always that expensive, though I think androids are far more economical.

    • Flying Squid@lemmy.world
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      1 year ago

      Wouldn’t a radio also be a luxury? Should we be spending money on anything other than ramen and a rug to sleep on?

      • Urist@lemmy.blahaj.zone
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        1 year ago

        Excellent point. Radios are clearly pushing it, I’m sure some of them cost like $20. People can just learn how to do without!

    • BeardedGingerWonder@feddit.uk
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      1 year ago

      The person you’re replying to is a moron, basic maths tells me they’re wrong. My phone costs £400/year, let’s round that up to £500 for ease of calculation (less once the handset is paid off, but I’ll give them the best possible argument). Living in a 3 bed semi, nothing fancy, decent area. Currently my house would cost £200-250k, I’ll take the lower end, again benefits their argument. At £500/year it would take 400 years for me to save for my home. Not a big fancy home, a relatively small starter home. My smart phone is not the reason I can’t afford a bigger house.

      • Urist@lemmy.blahaj.zone
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        1 year ago

        Yea I know, lmao. I work with people who think that some people don’t deserve smart phones. It’s cathartic to argue about it on the internet.