Everyone I know is laid off by age 55

[Anonymous]

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Anonymous wrote:I would love to see Biden's policy of Medicare at age 60 enacted.

I know I'm replying to an old post in this thread, but I bet is still applies to many of the current posters.

I've noticed that there are a lot of old people that want young people to subsidize their health care costs, be it through the ACA or through proposals to lower the Medicare age.

Many, but certainly not all, of these people simultaneously are opposed to subsidies for child care, college or student loans.

It's because there is no way for older people to continue working to pay for health care.

You don't see the difference?

People like you is why birth rate is low. We will see who will pay for social security in 10 years.

If older people had better health care options, they could retire and open more job opportunities.

We don’t care for your bullshit jobs, plenty of LMM PE teams of 20-30 pays their junior more than your VP.

[Anonymous]

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Anonymous wrote:Banking. We just cleared out everyone 55+. Generous buyouts. But, we can replace 250k boomers with 75k millennials and even when we only get 2 yrs it makes sense.

But! Do you know how much cost a fully furnished "cry room" "safe spaces" and lifetime supply
of "weighted blankets" AND! one " cuddle me = my boss is mean = I need a hug" therapist per person per on payroll?

you made very POOOOOOOOOOOOOOOR business decision.

+ a million.

If you think millennial employees are fragile, wait till you see Gen. Z.

I'm 40 and have managed 10+ people older than me and 15+ people younger than me I will say, no Gen Z direct reports yet.

My experience is that Boomers are WAY more "fragile" and entitled on the whole than the Millennials I've managed. It still comes down to the individual, but yeah, if all I have to go on is age for a role that just needs a few years experience - I'd take a 28 year old with 3 years experience over a 55 year old with 30 years experience. I've also found younger people to be much more resourceful. The Boomers expect everything to be hand fed/taught to them. Again, on the whole - have had some awesome older employees and some annoying younger ones too.

A lot of things that get attributed to generational differences is actually just stage of life, too.

Isn’t 55 Gen X?

Yeah, on the bubble. There are different generational definitions but from what I've seen, the youngest Boomers are around 56-57 right now. There is always a "cusp" between generations though. The oldest GenX are more similar to Boomers while the youngest ones are more similar to Millennials.