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.
Even if you make it to 65, Medicare Hospice at the end of your life is designed to wipe you out. So no inheritance…
Right, The hope for Gen X/Z has been “just wait until until your boomer parents die! Then you can have a normal life!” and then it’s oh, sorry, guess you have $4 million in medical bills if they don’t just die instantly.