Reply to Explain to me like I am 5...How will we keep growing with an aging population?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]My personal thought is that people are going to work longer if they are healthy enough.

A lot of the retirees/forced-out older managers and execs from my F500 company seem to not fully retire.  Even re-emerge with new full-time corporate jobs after a few years off.

My grandpa retired from a corporation at 65 and lived to be 94.  [b]He easily could have worked until 80-85.[/b]

If economics change in ways that make it useful or necessary for retiree age people to work, it will happen.[/quote]

If it's expected that I have to work FULL TIME until 80s I'd rather be euthanized.  Unless someone really loves their job to the point of passion, or they work some easy hobby job part time for social interaction nobody in their right mind aspires to be a wage slave till the day they drop dead with limited vacation time, living for a weekend, and having to answer to bosses and clients all day long majority of your day.  F this.[/quote]

I think if you sell this idea to young people that they have to work full time jobs they already loathe in their 20s for the rest of their lives you might get a huge uprising on your hands  :lol: [/quote]

The truth is nobody wants full time job commitment shackles for the rest of their lives.  Younger generation wants to shake this off even earlier.
American workforce with scarce vacation time and long work weeks serves as a motivation to retire early and accumulate assets that provide passive income. Everyone dreams about quitting and living off passive income while their bodies are still operational and they can enjoy life, travel, and fun activities.

It's more sustainable if we encourage creation of part time jobs and make them normal, decouple healthcare insurance from full time job commitment, and not frown upon people with gaps in their resume.  This will allow more productive workforce participation and people aren't chasing exit plan.  People could take sabbaticals or a few years off and then return into the workplace not feeling like they've been running the rat race and need to retire asap.  Also, older people would participate more if part time professional jobs aren't unicorn arrangements.

The issue is not our population getting older only, it's also our workforce culture and arrangement that no longer meets modern needs and doesn't address modern issues. Healthcare system is a noose around our labor force neck. [/quote]

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