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.

  • @urist
    link
    77 months 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.

    • bluGill
      link
      fedilink
      17 months ago

      By making that choice you pay the price. I knowany people without a phone, they live in a different society. Most are old.

      • @urist
        link
        6
        edit-2
        7 months ago

        Most are old

        Bingo!

        Try balancing a job and kids, reaching companies and schools without a smart phone. It will cost you time if you can’t just reach into your pocket. Example, schools in my area put school closures on Facebook and through email. Guess you could listen to the radio if you didn’t have access. Or watch the news on TV (Oh, actually, TV is a luxury, nevermind, much less useful. I don’t have TV, don’t have time to watch or the money to waste on cable).

        Smart phones are not an expensive luxury anymore, they’re a tool. They’re a tool that the younger, employed and child-raising part of society is assumed to have. I’m not saying you can’t do it, it’s just, well… Hope your kids can adjust to college life if they haven’t been exposed to tools like easy access to the internet. Their peers will probably have smart phones, at least as teenagers/young adults. Doesn’t bode well for them. You can get a cheap smart phone, even used iPhones aren’t always that expensive, though I think androids are far more economical.

        • @BeardedGingerWonder@feddit.uk
          link
          fedilink
          English
          47 months ago

          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.

          • @urist
            link
            37 months ago

            Yea I know, lmao. I work with people who think that some people don’t deserve smart phones. It’s cathartic to argue about it on the internet.

        • Flying Squid
          link
          fedilink
          47 months ago

          Wouldn’t a radio also be a luxury? Should we be spending money on anything other than ramen and a rug to sleep on?

          • @urist
            link
            47 months ago

            Excellent point. Radios are clearly pushing it, I’m sure some of them cost like $20. People can just learn how to do without!

      • Flying Squid
        link
        fedilink
        4
        edit-2
        7 months ago

        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.