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.
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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.
Most people are using that extra productivity to have more toys. Houses are much larger than 70 years ago. People now commonly have AC in the house. Most people have a phone/computer in their pocket (the video phone of 1950s science fiction not only exists, and it isn’t a room sized machine but something even kids have in their pocket). You don’t have to - get rid of the phone and you save a lot of money per month - but most people have chosen not to. Maybe they just feel forced to, but it is still a choice and there are a few people who by not having them prove it isn’t forced.
What world do you live in where you can get by living like a hermit in the woods?
You may be okay with having a shitty existence but I certainly am not. Shaming people for having AIR CONDITIONING in a time where we are encountering record high temperatures, the likes of which are killing people? Fuck you pal, all the “advice” or “wisdom” you think you’re spewing here is nothing but garbage.
GUYS GET IN HERE. THE SECRET TO SUCCESS IN AMERICA NOW IS TO STOP PARTICIPATING IN SOCIETY.
Come on man…
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By making that choice you pay the price. I knowany people without a phone, they live in a different society. Most are old.
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Wouldn’t a radio also be a luxury? Should we be spending money on anything other than ramen and a rug to sleep on?
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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.
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By making the choice to not have a job since you don’t have a phone, you’re not going to be able to buy those toys. Or afford rent. Homeless people have phones because they need them to work the minimum wage jobs they’re forced to work just to be able to sleep in their cars.
Out of touch