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
Say goodbye to retirement? A 'soft saving' trend is emerging among young people
www.cnbc.com
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.

…

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.

  • Marin_Rider@aussie.zone
    743·
    1 year ago

    did some idiot confuse “worried we will have to work until death” with “wanting to work until death”?

    get fucked capitalist class. the minute I can afford not to work I will stop. the problem is you guys fucked the system so hard that it seems that point is so far away, or not attainable at all.

    I feel so sorry for the retired boomers on good pensions in their big houses with nothing better to do than wish they were working again

    end rant

    • drphungky@lemmy.worldEnglish
      48·
      1 year ago

      did some idiot confuse “worried we will have to work until death” with “wanting to work until death”?

      Yes, the OP and everyone else slurping up this rage bait. The article does not say they “want to work until death”. It also doesn’t say shit about “capitalism celebrating” anything. This is presenting survey results and generational trends. Guess what, Gen Z is a little different than millennials, and different still from Boomers (though they appear to have some in common with the consumptive, “me generation” that Gen X was broadly painted as). This shouldn’t be revolutionary. They don’t save as much as millennials because millennials lived through multiple rough markets, and entered the workforce during a historic downturn. They care (even) less about work because they are much more focused on mental health. These are super, SUPER broad strokes, but we’re talking about national level surveys. Why everyone is getting their undies in a bunch over this is absurd. No one is saying anything is good or bad. It just is.