Summary
Younger generations are embracing “micro-retirements,” short sabbaticals or lifestyle shifts, to combat burnout and improve work-life balance.
This trend is fueled by pandemic-related stress, declining workplace flexibility, and increased burnout reports.
Millennials and Gen Z, facing financial and mental health pressures, are prioritizing their well-being, even at the expense of promotions, as they reject the traditional career model of working until age 65.
Meanwhile, older generations like boomers and Gen X struggle to retire due to financial insecurity and rising costs, with many “unretiring” to stretch limited savings.
I wonder how many of these “micro-retirees” are people looking for jobs, or people who are burnt out and no longer looking after having been looking for months. My main freelance gig dried up over a month ago, and I haven’t been able to find anything substantial, that pays my bills, since then. I’ve been looking at all sorts of different things, but the reality is, I can leave the industry I’ve worked in for 15 years and take a big pay cut to take a job with skills I gained from hobbies. Or, I can somehow come up with ~$5k to pay for additional training and certifications I would need to get a better job that would pay my bills. That’s an oversimplification of my situation, but I really wonder how many people are caught in situations similar to mine in which, there aren’t really many options that work for me, or that I can reasonably obtain without outright lying on my resume.
Especially given that US unemployment metrics drop people that can’t find work off the unemployment percentage after 6 months, so it never shows a true picture.
Why is downsizing or reducing spending not an option that could work?
Because I have nothing to downsize to aside from moving back in with parents… Not doing that. I share a house with 5 roommates. My and my partners vehicles are both junk cars that I’m constantly fixing. We have no luxuries, we don’t go out, and we rarely eat out. Not sure what else to cut.