What the hell is this shit? Instead of pushing for the return to traditional pensions, capitalism is celebrating the idea that Millennials & Gen Z may simply never be able to stop working.

Comments

• treefrog@lemm.ee ⁨1⁩ ⁨year⁩ ago

  So much propaganda in this article.

  Knowing you won’t be able to retire is acceptance for a situation. Not a fucking preference!

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  • Rolder@reddthat.com ⁨1⁩ ⁨year⁩ ago

    I could see some people wanting low level jobs in their retirement because they don’t know what to do with their time otherwise.

    But it should absolutely not be a requirement.

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    • treefrog@lemm.ee ⁨1⁩ ⁨year⁩ ago

      For sure.

      A some people do just like to work.

      But I think most people would prefer to do their own things, work on their own projects and hobbies, instead of someone else’s.

      Acting like it’s a preference to work past retirement, instead of a the financial reality for most of us, is such a load of horseshit I was tempted to write a complaint to the editor that this wasn’t published as an opinion.

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    • SARGEx117@lemmy.world ⁨1⁩ ⁨year⁩ ago

      [deleted]

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  • Potatos_are_not_friends@lemmy.world ⁨1⁩ ⁨year⁩ ago

    “soft life” is a lifestyle that embraces comfort and low stress, prioritizing personal growth and mental wellness.

    What a fucking garbage take.

    This isn’t a lifestyle. This is how life used to be for most people.

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  • kautau@lemmy.world ⁨1⁩ ⁨year⁩ ago

    Lol even the summary says what they really mean

    3 in 4 of Gen Z would rather have a better quality of life than have extra money in their banks, a report by Intuit shows.

    “3/4 of gen z know that the world is probably gonna be pretty fucked up when they reach retirement age, so they’re doing they’re best to live an ok life before that happens”

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    • Maggoty@lemmy.world ⁨1⁩ ⁨year⁩ ago

      Literally all of the climate change stuff they said was going to happen 50 years from now is happening now. So yeah I’m going to be 70 years old fighting for scraps with a billion refugees in lower Canada. Why the fuck shouldn’t I make sure I have fun now? The odds of getting enough money to get out of that situation are vanishingly small so fuck it.

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  • ZzyzxRoad@sh.itjust.works ⁨1⁩ ⁨year⁩ ago

    So sick if seeing these articles framing “millennials/gen z killed xyz” as a preference or a want.

    Remember when we killed the diamond wedding ring industry? We can’t pay our rent ffs.

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    • SnipingNinja@slrpnk.net ⁨1⁩ ⁨year⁩ ago

      That industry deserved death tbh, and so does the diamond mining industry in general

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    • FlyingSquid@lemmy.world ⁨1⁩ ⁨year⁩ ago

      They used to advertise a diamond engagement ring as costing ‘three months’ salary’ since that was painful, but affordable.

      Who can afford to sacrifice one month’s salary anymore?

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  • Chetzemoka@startrek.website ⁨1⁩ ⁨year⁩ ago

    This is it, right here. I’m a little older than the age range listed in the article and I literally became a nurse with the explicit expectation that I will have to work until I can’t stand up anymore. At least this pays well and gives me lots of options for working environments that might be a little more compatible with old age.

    But the idea that I’ll ever be able to not work AND also afford healthcare? Impossible. Not going to happen. Might as well accept it.

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  • ropegirth@lemmynsfw.com ⁨1⁩ ⁨year⁩ ago

    News update! Young people enjoy freezing temperatures so much they get coats. More at 8.

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• just_ducky_in_NH@lemmy.world ⁨1⁩ ⁨year⁩ ago

  Maybe, just maybe, Gen-Z is not saving as much for the future because (1) they have less money to save due to inflation, and (2) they don’t foresee a viable future. These reasons can also explain the parenthood rate dropping lately.

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  • squiblet@kbin.social ⁨1⁩ ⁨year⁩ ago

    Main reason I never had kids was I was screwed over by just about everything financially. Student loans, housing/“financial crisis”, medical system, deck stacked against self-employment, predatory credit cards. Great job, USA. Then the same cunts who did that bemoan low birth rates and cry about immigrants.

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    • Acters@lemmy.world ⁨1⁩ ⁨year⁩ ago

      There are TOO MANY procedures/fees/tax/unsafe ways to lose everything you have or be in a position where you will never be able to live without constantly being demanded to provide more work/cash/time.

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    • bluGill@kbin.social ⁨1⁩ ⁨year⁩ ago

      Despite all that, things are overall better than previous generations. There is and always has been bad news. Life has always been a constant string of disasters, yet when you pause for a moment to reflect you realize that despite the bad news, overall it wasn't that bad.

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  • audiomodder@lemmy.blahaj.zone ⁨1⁩ ⁨year⁩ ago

    I saw a report that someone my age will need $3m to retire at 65. The average total income from 22-65 for people my age is around $1.4m. So I guess we never get to retire.

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    • dgriffith@aussie.zone ⁨1⁩ ⁨year⁩ ago

      I saw a report that someone my age will need $3m to retire at 65. The average total income from 22-65 for people my age is around $1.4m. So I guess we never get to retire.

      Compound interest might get you to that goal, maybe, if you start saving now.

      The “start saving now” part is the bit that fucks most people.

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    • bluGill@kbin.social ⁨1⁩ ⁨year⁩ ago

      There is no magic number you need. $3m will get you some lifestyle. You could retire at 40 with only $300k if you want to live the lifestyle that means (move to very low cost of living area where you walk to groceries). And there is a good chance social security will continue to provide a minimal income once you reach whatever age.

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  • bluGill@kbin.social ⁨1⁩ ⁨year⁩ ago

    Historically no young generation has saved a lot. It is when you get older you realize how much it matters.

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    • squiblet@kbin.social ⁨1⁩ ⁨year⁩ ago

      People who grew up in the Great Depression did. Silent generation remembers that...

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• aes@lemm.ee ⁨1⁩ ⁨year⁩ ago

  what the fuck is up with all these pansy-ass terms suits keep coming up with? “quiet quitting” and now “soft saving”?

  fuck this marshmallow flavoured cyanide bullshit

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  • RoryButlerMusic@lemm.ee ⁨1⁩ ⁨year⁩ ago

    It’s a way to turn people off of what they really mean.

    “Quiet quitting” is just doing your job. Trying to make it seem like breaking your back to help someone profit is the minimum to do unless you want to be branded a quitter.

    “Soft saving” is apparently the requirement of working til your dead because no one gets paid enough to…hard save…I guess.

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    • ours@lemmy.world ⁨1⁩ ⁨year⁩ ago

      No no, they don’t die, they “soft live”.

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    • aes@lemm.ee ⁨1⁩ ⁨year⁩ ago

      yes i definitely didn’t know that

      now go find literally anyone else to explain the obvious to

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  • CosmicCleric@lemmy.world ⁨1⁩ ⁨year⁩ ago

    what the fuck is up with all these pansy-ass terms suits keep coming up with? “quiet quitting” and now “soft saving”?

    It’s their attempt at managing the narrative in their favor.

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  • drphungky@lemmy.world ⁨1⁩ ⁨year⁩ ago

    Neither of those terms were developed by suits. They both were popularized in the Gen Z social sphere, namely TikTok, and then well after they went viral and had plenty of adherents, started being picked up in the normal media cycle of regurgitating whatever is happening on social media and seeing what sticks.

    They’re both just a rejection of “old” cultural norms, in this case specifically a rejection of “hustle culture” and to a lesser extent the FIRE (i.e. early retirement) movement, both of which had their heyday on the internet many years ago.

    And like…this shouldn’t be a surprise to anyone. Gen Z is typically much more concerned about mental health (focus on now) than prior generations, has a very doom and gloom outlook for the future (focus on now), and is the first generation to be raised by people who didn’t tell them “just work hard and you’ll be fine eventually” (focus on now). Is it any surprise that they’re less forward looking? What do they have to look forward to? Call it cyanide if you want, but while I don’t necessarily agree with it, it certainly feels like a natural development to me.

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• Marin_Rider@aussie.zone ⁨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

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  • drphungky@lemmy.world ⁨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.

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• SirStumps@lemmy.world ⁨1⁩ ⁨year⁩ ago

  This honestly sounds like propaganda trying to convince people this is a thing.

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  • ApathyTree@lemmy.dbzer0.com ⁨1⁩ ⁨year⁩ ago

    Like “quiet quitting”, which is, in reality, just doing your job and not going above and beyond because it doesn’t benefit you…

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  • Scew@lemmy.world ⁨1⁩ ⁨year⁩ ago

    news is profit driven, so it literally always has someone’s agenda behind it… (e.g. always propaganda) this appears to be corporate flavored

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    • SirStumps@lemmy.world ⁨1⁩ ⁨year⁩ ago

      You definitely have a point which is why I try to avoid it most days.

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  • CosmicCleric@lemmy.world ⁨1⁩ ⁨year⁩ ago

    This honestly sounds like propaganda trying to convince people this is a thing.

    IMO it’s exactly that. They hardly bring up any other external influences on people’s income in the article, just a paragraph or two very deep in the article.

    It insinuates really hard that people have the money to spend but just don’t want to spend, a subtle “killing the messenger” of people being lazy and greedy.

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  • rwhitisissle@lemmy.world ⁨1⁩ ⁨year⁩ ago

    This is some straight up Manufacturing Consent shit that’s designed to make you think being poor and working until you fucking die on the assembly line and have to have your corpse dragged into the dogfood machine by the other wage slaves was your idea.

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    • CosmicCleric@lemmy.world ⁨1⁩ ⁨year⁩ ago

      This is some straight up Manufacturing Consent shit

      This message is being projected to the leaders of Capitalism, not the workers. It’s being said to the wrong audience.

      If so, it seems like it’s a wasted effort.

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• toiletobserver@lemmy.world ⁨1⁩ ⁨year⁩ ago

  1. open mouth
  2. insert rich people
  3. chew vigorously
  4. swallow

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  • TwoGems@lemmy.world ⁨1⁩ ⁨year⁩ ago

    Forgot the guillotines silly!

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    • TWeaK@lemm.ee ⁨1⁩ ⁨year⁩ ago

      They didn’t need guillotines in Holland.

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• BeautifulMind@lemmy.world ⁨1⁩ ⁨year⁩ ago

  One thing worth noting that’s tangentially related: the reason Social Security faces solvency concerns is not that they couldn’t anticipate the Boomers’ retirement, but because under Boomer management, wages (which are the basis for Social Security’s funding) have been suppressed, particularly on the low end of the wage scale.

  They saw the Boomers coming a mile away. What they didn’t see coming was that they’d flatline the minimum wage and kill off unions

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  • zbyte64@lemmy.blahaj.zone ⁨1⁩ ⁨year⁩ ago

    That and the Boomers modified social security to cap contributions for high income earners. If we removed that cap the issues with solvency get mostly solved.

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  • finnie@lemmy.world ⁨1⁩ ⁨year⁩ ago

    Omg, I hadn’t thought of that. Social security is taxed from income, American wages have been stagnant since the 70s.

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  • postmateDumbass@lemmy.world ⁨1⁩ ⁨year⁩ ago

    Generation Ladder Pull

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• solivine@lemmy.world ⁨1⁩ ⁨year⁩ ago

  I have no idea where they pull these statistics from. It’s increasingly sad that we should get more time off as labour gets automated and cheaper, not less.

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  • metaStatic@kbin.social ⁨1⁩ ⁨year⁩ ago

    I do the manual labour while machines paint and write poetry, this is not the future I expected.

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    • Semi-Hemi-Demigod@kbin.social ⁨1⁩ ⁨year⁩ ago

      My retirement plan is a cave in the hills, growing my own food on guerilla gardens until I'm eaten by wolves.

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  • bluGill@kbin.social ⁨1⁩ ⁨year⁩ ago

    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.

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    • spacecowboy@sh.itjust.works ⁨1⁩ ⁨year⁩ ago

      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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    • urist@lemmy.blahaj.zone ⁨1⁩ ⁨year⁩ ago

      get rid of the phone and you save a lot of money per month

      ?

      Have you tried living without a phone? This is very hard to pull off in America. You need an email address. Ok, fine, you say, but that doesn’t mean you need a phone. Okay, so you need to pay for home internet and have a PC? Still a cost here.

      No, you say, walk/drive to the library every time you need to check your email. Every time you need to use a website to make an appointment or fill a form out. Every time you need to check google for information (by the way, I have saved thousands of dollars by googling things, I am sure you have, too).

      There’s still a cost here - time. Many people who have smartphones in America don’t have home internet.

      You still need a phone number if you’re employed. I’m sure there are jobs that will put up with not being able to contact you, but good luck with that, I’m sure they pay well. You’re paying for a dumb phone or a land line either way.

      And you’re right, it is a choice. I choose to participate in society, and that pretty much requires the internet. I choose not to live naked in the woods, surviving on what I forage like a bear.

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• CosmicCleric@lemmy.world ⁨1⁩ ⁨year⁩ ago

  From the article…

  According to the U.S. Bureau of Economic Analysis, Americans are saving less in 2023. The personal saving rate — the portion of disposable income one sets aside for savings — was significantly lower at 3.9% in August, compared to the 8.51% average in the past decade, according to data from Trading Economics which goes as far back as 1959.

  Additionally, inflation makes it harder for people to cover their expenses or save, Koehler said.

  A report by Blackrock shows that in 2023, only 53% of workers believe they are on track to retire with the lifestyle they want. A lack of retirement income, worries over market volatility and high inflation were some of the reasons cited for a lack of confidence about retirement among workers.

  It really just is time for companies to pay more money to their employees, to share the wealth better, back like how we used to.

  It’s wild to think that in the past only one person would have to work and a couple would be able to afford a house and raise a family. I can’t see how that can be done in today’s world.

  Someone dig up FDR and ask him the redo the ‘New Deal’.

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  • rwhitisissle@lemmy.world ⁨1⁩ ⁨year⁩ ago

    Additionally, inflation makes it harder for people to cover their expenses or save, Koehler said.

    I feel like this is the most significant piece of information in the entire article and it just skims over it. People aren’t failing to save because of lifestyle choices. They’re failing to save because groceries for 1 person costs like 200 bucks a week in some cities. Shit is more expensive than ever before, and things like home ownership, which is historically THE default hedge against inflation, is outside the grasp of pretty much anyone below 40 who isn’t a doctor or working in a similarly lucrative field.

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    • MossyFeathers@pawb.social ⁨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.

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  • PhlubbaDubba@lemm.ee ⁨1⁩ ⁨year⁩ ago

    I think the formula for minimum wage should be as follows

    Minimum wage adds up to enough per month that the average number of hours worked times the minimum wage are large enough for the national average for rent to make up at most 40% of a minimum wage worker’s budget.

    If a county (or equivalent subdivision) has a higher average rent than that average, the minimum wage there is the same formula but for that higher average rent instead of the national average.

    If there’s a discrepancy between where someone lives and where they work, their minimum wage is the higher between the two.

    The only modification I think it’d need is maybe finding a scientific way to replace monthly rent with “average monthly expenditure” so that folks getting billed for medicine aren’t being screwed over, but frankly a country that can get the above proposition done is probably one that made UHC happen too anyways.

    Also just to keep those landlords from thinking they can get wise, rent can only be raised on lease renewal, and only by as much as the reported inflation rate at the time of lease renewal. Also, constructive eviction to try and get around this is a felony and you lose all rights to own housing property other than your own home ever again.

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    • CosmicCleric@lemmy.world ⁨1⁩ ⁨year⁩ ago

      Also, constructive eviction

      Constructive? Elaborate?

      this is a felony and you lose all rights to own housing property other than your own home ever again.

      I think that’s a step too far, and wouldn’t(?) pass muster, legally.

      A felony would come with high penalty fees to pay, and could be enough of a deterrent.

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• TheDoctorDonna@lemmy.world ⁨1⁩ ⁨year⁩ ago

  I don’t get the privilege of owning a home, why should I get to retire? 🤷‍♀️

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  • Acters@lemmy.world ⁨1⁩ ⁨year⁩ ago

    I don’t get the privilege of having a life, why shouldn’t we get to work till death?

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    • TheDoctorDonna@lemmy.world ⁨1⁩ ⁨year⁩ ago

      Who need a life if you’re working all the time? If you were serious about retiring you’d work yourself to death to get there!

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• xaetrus@lemmy.world ⁨1⁩ ⁨year⁩ ago

  A soft lifestyle? And to think this whole time I thought it was just called “being poor and underpaid”

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  • SCB@lemmy.world ⁨1⁩ ⁨year⁩ ago

    Generally the people being discussed in this article are not poor and underpaid, but rather prefer work-life balance to be heavily slanted toward “life” and “experiences” rather than “work as much as possible to make as much as possible.”

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    • CosmicCleric@lemmy.world ⁨1⁩ ⁨year⁩ ago

      Generally the people being discussed in this article are not poor and underpaid

      From the article, buried inside of it…

      Additionally, inflation makes it harder for people to cover their expenses or save, Koehler said.

      A report by Blackrock shows that in 2023, only 53% of workers believe they are on track to retire with the lifestyle they want. A lack of retirement income, worries over market volatility and high inflation were some of the reasons cited for a lack of confidence about retirement among workers.

      I know the article insinuates it, but I don’t think we can assume that people can afford more but just don’t want to spend more, to protect their lifestyle.

      I believe it’s more of people want a better lifestyle and they’re not getting paid enough for it, that they’re expecting the same lifestyle that the previous generations had, and are not being selfish and asking for more than others had.

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    • randomdeadguy@lemmy.world ⁨1⁩ ⁨year⁩ ago

      Yeah! They should be raising themselves up by pulling up those bootstraps. That’s the way anyone can reach a higher socio-economic status. America!! /s

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• spiderkle@lemmy.ca ⁨1⁩ ⁨year⁩ ago

  Wow what a boomer article. Most young people just don’t expect the current systems and institutions to last that long. Millenials have lived through several financial crises and economic downturns with no chance for improvement in sight. It just gets worse until the generation responsible for it dies out.

  So I’d much rather live in the now making memories of adventures and good times with friends as long as i’m able to, than have a bit more money in the bank that won’t be worth shit when i’m old. Peace of mind is great and all but the future is an illusion you can never fully prepare for.

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  • CosmicCleric@lemmy.world ⁨1⁩ ⁨year⁩ ago

    Wow what a boomer article.

    No, that’s a capitalist “greed is good” article in disguise.

    Some of us Boomers actually wonder WTF the ‘New Deal’ went, and lament it’s loss for our grand/children.

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• AgentGrimstone@lemmy.world ⁨1⁩ ⁨year⁩ ago

  If my calculations are correct, my cheeseburger and pizza diet will kill me around the time I want to stop working. That’s my retirement.

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  • bitwaba@lemmy.world ⁨1⁩ ⁨year⁩ ago

    Na, medical care and medicine are better than they’ve ever been. They’ll save you from your heart attack and you’ll spend the next 3 decades paying for heart medication.

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    • AceFuzzLord@lemm.ee ⁨1⁩ ⁨year⁩ ago

      If they save you with meds, why not just try and overdose on those if you really wanna die at that point?

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  • CosmicCleric@lemmy.world ⁨1⁩ ⁨year⁩ ago

    If my calculations are correct, my cheeseburger and pizza diet will kill me around the time I want to stop working. That’s my retirement.

    A better retirement plan would be Costco hot dogs.

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    • qarbone@lemmy.world ⁨1⁩ ⁨year⁩ ago

      Who am I skimping out on cheeseburger money for?

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  • rwhitisissle@lemmy.world ⁨1⁩ ⁨year⁩ ago

    It’s like a version of The Whale where he doesn’t have a daughter and isn’t depressed from his gay lover dying, but just depressed because of general socioeconomic conditions and the overall shitty state of the world.

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• yenahmik@lemmy.world ⁨1⁩ ⁨year⁩ ago

  Why should people push for traditional pensions? I don’t want to be stuck at a crappy job just because leaving would reset my retirement clock. It’s the same reason healthcare shouldn’t be attached to the employer either.

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• Semi-Hemi-Demigod@kbin.social ⁨1⁩ ⁨year⁩ ago

  This increasing preference for a lifelong income

  These crazy kids with their preferences for avocado toast and Tik Tok and never being able to stop working!

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• BURN@lemmy.world ⁨1⁩ ⁨year⁩ ago

  There’s about a 0.1% chance Social Security will be around when I retire, and the increasing costs of living have almost certainly cut into my ability to retire at a reasonable age.

  I’m probably going to work till the day I die, it’ll just be contingent on if I work for myself or not.

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• RBWells@lemmy.world ⁨1⁩ ⁨year⁩ ago

  You know, I am Gen X and honestly have never thought I’d be able to retire. I worked when pregnant until the day I had the baby, every time.

  I just try to keep work sustainable, take my PTO, don’t give them everything now for some potential future return.

  No, I don’t need paid employment to have a full and happy life. There is plenty to do. But it’s not the worst life either.

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• set_secret@lemmy.world ⁨1⁩ ⁨year⁩ ago

  lolz gen X forgotten again.

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• Kyrgizion@lemmy.world ⁨1⁩ ⁨year⁩ ago

  I’m 40 and I’ve always “known” that there would be no retirement for “us”.

  Consequentially, as the eternally wise Homer Simpson once stated; “my lifestyle is my retirement plan”.

  I genuinely hope never to reach age 70 or over. I’ve known lots of old people in my life and the ONLY TWO who were somewhat happy were my maternal grandparents. And even they will soon have to deal with losing one another since they’re so old.

  I don’t intend to go through all that. I’ll live what I can, as long as I can, and as soon as I can’t anymore, it’s exit left.

  I doubt I’ll be the only one.

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• Maajmaaj@lemmy.ca ⁨1⁩ ⁨year⁩ ago

  Oh I have a “retirement” plan alright. Imma “retire” where and when I fuckin feel like it too, which will be either before some world ending shit happens or I find out I have some debilitating sickness. Imma “retire” so peacefully. Lmao

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• metaStatic@kbin.social ⁨1⁩ ⁨year⁩ ago

  A belief in the future is actually a foundational requirement of capitalism.

  What we have here is neo-fudalism, where the points are made up and the people believe in nothing.

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• HeyThisIsntTheYMCA@lemmy.world ⁨1⁩ ⁨year⁩ ago

  Want? No. Need.

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• Zaktor@sopuli.xyz ⁨1⁩ ⁨year⁩ ago

  I feel like my impression of CNBC from a while back was that it just covered stocks and business mergers and stuff like that, but between this, COVID, and the UAW strike it’s really been demonstrating its position as a newspaper for business rather than simply about it.

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• TwoGems@lemmy.world ⁨1⁩ ⁨year⁩ ago

  Image

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• charonn0@startrek.website ⁨1⁩ ⁨year⁩ ago

  Barely mentioned: wage stagnation and inflation.

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• Stumblinbear@pawb.social ⁨1⁩ ⁨year⁩ ago

  Preface: I’m not intending to come off as bragging, but providing some justification

  I make plenty enough to retire by 45. Does that mean I’ll stop working by 45? No, that sounds ridiculously boring. I’d rather work part time or do contract work until I’m physically and mentally unable because otherwise I’ll become a vegetable. I enjoy my work and at the moment have no intentions of stopping at any point

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• geeuurge@lemmy.world ⁨1⁩ ⁨year⁩ ago

  I disagree with the editorialising from the title comment. To me it doesn’t seem to celebrate or even opine anything, and that’s actually kind of frustrating, because it’s obviously bad that people are intending to work longer, regardless of their actual preferences.

  Having read the article, to me it’s not entirely obvious whether people feel that (A) they don’t have enough to save regardless of their intentions (B) they feel saving for retirement is futile for whatever reason, or © even if they had extra money, they would prefer to spend the extra on here and now.

  The article kind of hints that it’s more B or C than A, but it isn’t really explicit, and I think that would be the really interesting part of this story to report.

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• mawkishdave@lemmy.world ⁨1⁩ ⁨year⁩ ago

  It always got me how much it costs to be able to work.

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• wintermute_oregon@lemm.ee ⁨1⁩ ⁨year⁩ ago

  Pensions for the most part are gone and are not coming back.

  It’s why I think Congress should require employer contributions to a 401k and a match. By law.

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• super_user_do@feddit.it ⁨1⁩ ⁨year⁩ ago

  Industrial society and it’s consequences have been a disaster for the human race

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