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.

  • drphungky@lemmy.world
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    1 year ago

    So glad someone else read the article. I really thought we’d escape clickbait like this post on Lemmy, but there’s so much rage people are up voting this stuff and commenting how horrible it is based on the false title, not the actual article which is freaking survey results.

    Like yes things are bad, but these results could have printed about any generation at any time post 1940s (advent of the concept of young adulthood) as long as they were all under 25.

    Three in four Gen Z would rather have a better quality of life than extra money in their banks, the Intuit report shows.

    This just in - young people thinking on shorter time horizons, bad at planning for future. More in tomorrow’s newspaper dated any time in the last hundred years or so.

      • drphungky@lemmy.world
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        1 year ago

        Where in the world do you get that I’m an angry old person? I didn’t say youth today suck. My other comments in this thread were mentioning why gen z gets a raw deal for crying out loud.

        What I said was that young people think on shorter time horizons, which is empirically true and also literally backed up in this empirical case. Hence why I also said it applies to every generation. What a weird take. Defensive much?