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The end of retirement

thewalrus.ca

71–80 of 99 posts

Re: The end of retirement

#72

Retirement seems like a pretty crucial process in the economy. If we set things up so that people can’t retire, that will slow down the process of getting the next generation into their positions. I do know some folks who have, instead, semi-retired (go in one or two days a week). People at the end of their careers have lots of experience to pass on. And it seems to keep them active and healthy. I wonder why we haven…

> If we set things up so that people can’t retire, that will slow down the process of getting the next generation into their positions.

It also slows the economic shock of depopulation. Now it won't hit until most of the non-retired people start to die.

Re: The end of retirement

#73
post #58

Earlier quoted context omitted.

Ageism is a thing. But most people want to wind down at some point. And that business domain knowledge probably leaks away over time. Certainly part-time work can be a thing. But to the degree it requires working together with other people it can be hard to manage, especially for a semi-retired person that wants to go on multi-week vacations.

> Ageism is a thing. But ... that business domain knowledge probably leaks away over time. This is ageism. A 66 year old hasn't lost their business knowledge yet, but they're often treated as though they're already senile.

I think you may have misunderstood me. It's not an age-related thing. If I only spend a day or so a week working in a domain, I am going to become less familiar with that domain as things change over time. It's certainly happened to me as my roles have shifted.

Doesn't mean I forget everything about a space but I'm certainly less current if I spend 1 day per week than if I spend 5 days.

Re: The end of retirement

#74

On one hand, we have older people retiring later and amassing wealth through their homes. On the other hand, we have young families who can't afford homes near their jobs and insane childcare costs. I think we just got too far away from the natural order where elders cycled out of the workforce and assumed family oriented duties. Doubt there's any going back though.

> I think we just got too far away from the natural order where elders cycled out of the workforce and assumed family oriented duties.

In a previous natural order, 3+ generations of families lived in close proximity and the labor of families was shared across grandparents, cousins, siblings, aunts & uncles.

Natural orders seem to have acquired lifespans.

Re: The end of retirement

#75

> “This is where our destitute end up, in these government-run facilities.” According to a 2019 report by the National Institute on Ageing at Toronto Metropolitan University, long-term care costs are expected to triple from $22 billion to $71 billion by 2050. “It will be the equivalent of the modern-day Victorian poor house for our old,” I would love to hear why old ppl don't choose to voluntarily end their life. Wha…

Christians consider that a sin and thus a barrier to "heaven" in the afterlife.

I don't believe this, myself, and can see myself considering this in a few decades. I'm in my 40s now, hopefully I have maybe two decades of good-ish living left. After seeing shit like Alzheimers destroy people I loved - I don't want to go through that myself or burden other loved ones.

Re: The end of retirement

#76

> Want to keep your house? Support your kids? Stay alive? Move to a sane country.

Is there a list of such countries, primarily English-speaking? (serious question, as someone who left from one after it turned into an overpriced third-world dump and is now looking for a place to settle down)

Which country did you leave? I'm curious.

Re: The end of retirement

#77
post #59

Earlier quoted context omitted.

>I would love to hear why old ppl don't choose to voluntarily end their life. 1) It's physically and psychologically hard to end your own life 2) You aren't going to feel old, you'll just feel like you do now, but with an achey body and some brainfog. 3) A society that encourages old people to shuffle off this mortal coil is probably a bad one

> 3) A society that encourages old people to shuffle off this mortal coil is probably a bad one Why do you think this?

I think this because declaring our loved ones extinguishable crosses the fattest line there is. And doing that based on a stat damns our judgment.

Somewhere about here it becomes apparent that the value of our judgment is tied to the value we place on others.

Re: The end of retirement

#78
post #40

Earlier quoted context omitted.

The US isn’t immune to this, merely better placed. Projections are that the US will move from 3 workers per retiree to 2 workers per retiree by 2050. (You can project these things pretty well as the new generation is already born.)

You can project, but also respond; nation of immigrants and all that.

That’s included in the projection.

Also there are fewer young people in the rest of the world, the birth rate has declined worldwide.

Re: The end of retirement

#79
post #37

Earlier quoted context omitted.

The difference being that reduced mortality at age 60 adds mostly unproductive years, while reduced mortality at age 0-1 adds mostly productive years.

But how does that make it completely wrong and a lie?

Well, since I didn't say that, maybe you can enlighten us since you brought it up?

Re: The end of retirement

#80
post #59

Earlier quoted context omitted.

> 3) A society that encourages old people to shuffle off this mortal coil is probably a bad one Why do you think this?

I think this because declaring our loved ones extinguishable crosses the fattest line there is. And doing that based on a stat damns our judgment. Somewhere about here it becomes apparent that the value of our judgment is tied to the value we place on others.

> I think this because declaring our loved ones extinguishable crosses the fattest line there is.

Maybe its just a social taboo and not a real line.

most old ppl caring for elderly fulltime want their parents to be dead though.

I've seen this personally in family members who totally transformed into different human beings in a good way once they were freed of the burden of caretaking. I could sense their hearts jumping with joy and relief when their parents finally passed away.

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