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.
Hell of a fake news editorialize. Where is the “celebration” in this article? You could equally spin this article as “Gen Z and Millennials refuse to contribute to generational wealth and prioritize making capital enrich their lives instead.”
I am seeing that with my parents. My dad has had offers to make some pretty good cash as a consultant for a few hours a week here or there. In some industries, like law, a retired judge can make bank working in arbitration where they can pick up just a little work for a good pay check to keep them busy and have more fun money. And then there’s the God’s work that is unpaid, child care for grandchildren. For a generation that has lower birth rates as a personal choice, I can see those folks looking to do part time work if it’s enjoyable and supports their other endeavors.