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.

  • Mossy Feathers (She/They)@pawb.social
    8·
    1 year ago

    Man, I remember when I was a kid groceries cost $100~$200 for a family of 4 for a week, and some of that food (like bags of chips) would get spread out over multiple weeks. 11-year-old me couldn’t believe that my parents spent that much on food but wouldn’t get me a $40 lego set.