Do you have adblock enabled?
 
If you can read this, either the style sheet didn't load or you have an older browser that doesn't support style sheets. Try clearing your browser cache and refreshing the page.

(International Business Times)   Millennials will never retire   ( ibtimes.com) divider line
    More: Obvious, people, Academic degree, gig economy, work-life balance, millennials, Social Security, Dr. Linda Sharkey, artificial intelligence  
•       •       •

13494 clicks; posted to Main » on 16 Apr 2017 at 6:26 PM (30 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



130 Comments     (+0 »)
 
View Voting Results: Smartest and Funniest


Oldest | « | 1 | 2 | 3 | » | Newest | Show all

 
2017-04-16 02:51:14 PM  
When people talk about boomers retiring, they seem to be complaining about them not retiring and getting out of younger people's way. But here I suppose it's about Millennials never being able to be able to afford to retire. Well, as long as we're fostering dislike between generations and keeping our mind off of doing anything that might improve the world for generations yet to come, I guess that's the point. Wouldn't want that.
 
2017-04-16 03:01:02 PM  
Just because you're linking to an ad for a book that's selling the idea that this is happening, doesn't make it true.
 
2017-04-16 03:03:21 PM  
Ya gotta work before you can retire
 
2017-04-16 03:35:12 PM  
I think you're going to see people still going to college, people still getting different kinds of degrees,  [including from] MOOCs. You're going to see a lot of apprenticeships, where companies are going to be looking at the bright-eyed and bushy-tailed... kids out of high school or out of trade schools, out of community colleges. They're not as expensive, and they're going to hire them into their companies and they're going to train them in apprenticeships

I hope that's the case for the sake of Millennials, but I have a hard time buying that companies will start plucking kids out of high school, trade schools or CCs to do apprenticeships for decent-paying jobs. For the good jobs I still see employers continuing to divide CVs into piles of yes and no and the "yesses" belonging to those who came from a family wealthy enough to send them to college and get post-grad degrees. If there are apprenticeships, I doubt it would be for the decent jobs with real career potential.

I hope I'm wrong, but I just see the have/have-not divide becoming that much more exacerbated in the next couple of decades.
 
2017-04-16 03:50:45 PM  
The stereotypical 'retirement ideal' is a whole two generations old. It's a materialistic, post-WWII fantasy.

I will not retire. I will transition into doing what I want 'for a living', instead of chasing dollars and possessions.
 
2017-04-16 04:11:30 PM  
There will be plenty of jobs in the near future. The boomer generation's sheer size will necesitate a large workforce to staff death panels and provide administrative support and HR services for all those workers. There will also be plenty of manual jobs at the Soylent Green packaging plants
 
IP [TotalFark]
2017-04-16 05:32:25 PM  

cman: Ya gotta work before you can retire


^this right here
 
2017-04-16 05:44:58 PM  
When the costs of living has skyrocketed while wages have decreased or stayed the same, people have to push themselves harder to simply survive.

And to paint this as a "Millennial" problem, not an American problem, only adds insult to injury.
 
2017-04-16 06:30:30 PM  
They are going to "disrupt" themselves (and all of us) right out of the workforce.
 
2017-04-16 06:31:30 PM  

IP: cman: Ya gotta work before you can retire

^this right here


img.fark.net
 
2017-04-16 06:35:40 PM  

Flaumig: IP: cman: Ya gotta work before you can retire

^this right here

[img.fark.net image 700x1000]


lol, needs more
i595.photobucket.com
 
2017-04-16 06:36:02 PM  
Ah geez, we Gen-Xers heard this shiat 20+ years ago. Meh. I'm pro millennials. They'll be fine.
 
2017-04-16 06:41:15 PM  

Nadie_AZ: Ah geez, we Gen-Xers heard this shiat 20+ years ago. Meh. I'm pro millennials. They'll be fine.


The millennials who spend all their time whining about Boomers will never be anything but worthless. The rest? Sure, they'll be fine.
 
2017-04-16 06:43:44 PM  

Ow! That was my feelings!: I will not retire. I will transition into doing what I want 'for a living', instead of chasing dollars and possessions.


Your second sentence is how a lot of people retire.  You can fill up your time easily with travel and volunteering.
 
2017-04-16 06:50:09 PM  
Wait until average lifespans for millennials hit 130.
 
2017-04-16 06:50:13 PM  

bingethinker: Nadie_AZ: Ah geez, we Gen-Xers heard this shiat 20+ years ago. Meh. I'm pro millennials. They'll be fine.

The millennials who spend all their time whining about Boomers will never be anything but worthless. The rest? Sure, they'll be fine.


Have...have you ever actually met a millennial?  Most of the ones I know are too busy working 70 hours a week at 2-3 jobs to spend much time complaining about anything.  But hey, insulting entire generations of people based on willfully ignoring observable reality is what all the cool kids are doing these days, right?
 
2017-04-16 06:50:23 PM  

12349876: Ow! That was my feelings!: I will not retire. I will transition into doing what I want 'for a living', instead of chasing dollars and possessions.

Your second sentence is how a lot of people retire.  You can fill up your time easily with travel and volunteering.


good thing traveling is free
 
2017-04-16 06:51:13 PM  

Wadded Beef: I think you're going to see people still going to college, people still getting different kinds of degrees,  [including from] MOOCs. You're going to see a lot of apprenticeships, where companies are going to be looking at the bright-eyed and bushy-tailed... kids out of high school or out of trade schools, out of community colleges. They're not as expensive, and they're going to hire them into their companies and they're going to train them in apprenticeships

I hope that's the case for the sake of Millennials, but I have a hard time buying that companies will start plucking kids out of high school, trade schools or CCs to do apprenticeships for decent-paying jobs. For the good jobs I still see employers continuing to divide CVs into piles of yes and no and the "yesses" belonging to those who came from a family wealthy enough to send them to college and get post-grad degrees. If there are apprenticeships, I doubt it would be for the decent jobs with real career potential.

I hope I'm wrong, but I just see the have/have-not divide becoming that much more exacerbated in the next couple of decades.


It's inevitable really. The haves are the only ones with the power to change the current system. So, nothing will change until the haves either realize that they have the responsibility to make life better for their fellow man (lol) or the have nots rise up and demand it at end of a pitchfork.

Sweeping social change rarely comes from polite conversation.
 
2017-04-16 06:52:20 PM  
The concept of demographic "generations" bugs me, and always has.

The idea that someone born in 1985 has more in common with someone born in 1966 than with someone born in 1986 simply doesn't scan. It ends up being an artificial divide that harms us with stereotypes more than it helps us with understanding trends.

People are people. Though old ones are grumpy and young ones need to stay off my damn lawn.
 
2017-04-16 06:52:59 PM  

Harbinger of the Doomed Rat: bingethinker: Nadie_AZ: Ah geez, we Gen-Xers heard this shiat 20+ years ago. Meh. I'm pro millennials. They'll be fine.

The millennials who spend all their time whining about Boomers will never be anything but worthless. The rest? Sure, they'll be fine.

Have...have you ever actually met a millennial?  Most of the ones I know are too busy working 70 hours a week at 2-3 jobs to spend much time complaining about anything.  But hey, insulting entire generations of people based on willfully ignoring observable reality is what all the cool kids are doing these days, right?


most of the ones i know sits at home and play video games
 
2017-04-16 06:57:12 PM  
No "sad" tag?
 
2017-04-16 07:02:42 PM  
Retire?

Bwa ha ha ha ha.  No, no, I just need to get a few tanks lf helium and an airtight head cover.
 
2017-04-16 07:04:29 PM  
Like Peak Oil,  futurist predictions cannot account for innovation and scientific advancement because you can preconceive it. So, I will predict work as we know it now will be so automated and production so efficent that a lot of people won't even work at a job. There will be some kind of a basic income.
 
2017-04-16 07:04:37 PM  
This article is one of the most brutal cheerleading shows I've ever seen for the outright destruction of social security, basic rights of citizenship, and financial security.
 
2017-04-16 07:06:13 PM  

doglover: Retire?

Bwa ha ha ha ha.  No, no, I just need to get a few tanks lf helium and an airtight head cover.


just leave the car running in the garage
 
2017-04-16 07:06:41 PM  

bingethinker: Nadie_AZ: Ah geez, we Gen-Xers heard this shiat 20+ years ago. Meh. I'm pro millennials. They'll be fine.

The millennials who spend all their time whining about Boomers will never be anything but worthless. The rest? Sure, they'll be fine.


^ this here too
 
2017-04-16 07:08:14 PM  

Stranded On The Planet Dumbass: Like Peak Oil,  futurist predictions cannot account for innovation and scientific advancement because you can preconceive it. So, I will predict work as we know it now will be so automated and production so efficent that a lot of people won't even work at a job. There will be some kind of a basic income.


the population will have to decrease
 
2017-04-16 07:08:45 PM  
Old people complaining about youth due to inferiority complex compensation.
 
2017-04-16 07:09:38 PM  

doglover: Retire?

Bwa ha ha ha ha.  No, no, I just need to get a few tanks lf helium and an airtight head cover.


I refer to this as 'Retirement Plan Omega'.
 
2017-04-16 07:09:46 PM  

haywatchthis: doglover: Retire?

Bwa ha ha ha ha.  No, no, I just need to get a few tanks lf helium and an airtight head cover.

just leave the car running in the garage


Car? This isn't the 80's, uncle pennybags.
 
2017-04-16 07:10:01 PM  

Stranded On The Planet Dumbass: Like Peak Oil,  futurist predictions cannot account for innovation and scientific advancement because you can preconceive it. So, I will predict work as we know it now will be so automated and production so efficent that a lot of people won't even work at a job. There will be some kind of a basic income.


Perfect handle is perfect.
 
2017-04-16 07:10:09 PM  

PirateKing: doglover: Retire?

Bwa ha ha ha ha.  No, no, I just need to get a few tanks lf helium and an airtight head cover.

I refer to this as 'Retirement Plan Omega'.


He He He!
 
2017-04-16 07:11:39 PM  
I had to goggle what a "millennial" is...

/early boomer
 
2017-04-16 07:12:22 PM  
People who don't understand automation and UBI ate stuck in a capitalism mindset much like medeival peasants stuck in a religious mindset.
 
2017-04-16 07:12:33 PM  

Stranded On The Planet Dumbass: Like Peak Oil,  futurist predictions cannot account for innovation and scientific advancement because you can preconceive it. So, I will predict work as we know it now will be so automated and production so efficent that a lot of people won't even work at a job. There will be some kind of a basic income.


They're been saying that for 200 years. But this time is different, right?
 
2017-04-16 07:15:00 PM  

doglover: haywatchthis: doglover: Retire?

Bwa ha ha ha ha.  No, no, I just need to get a few tanks lf helium and an airtight head cover.

just leave the car running in the garage

Car? This isn't the 80's, uncle pennybags.


that reminds me, helium is a limited resource, there may not be any left or it will cost as much as a  car by retirement age
 
2017-04-16 07:15:03 PM  

llortcM_yllort: Stranded On The Planet Dumbass: Like Peak Oil,  futurist predictions cannot account for innovation and scientific advancement because you can preconceive it. So, I will predict work as we know it now will be so automated and production so efficent that a lot of people won't even work at a job. There will be some kind of a basic income.

They're been saying that for 200 years. But this time is different, right?


I don't think you quite understand what the assembly line and computers have done to labor needs....
 
2017-04-16 07:16:03 PM  

haywatchthis: doglover: haywatchthis: doglover: Retire?

Bwa ha ha ha ha.  No, no, I just need to get a few tanks lf helium and an airtight head cover.

just leave the car running in the garage

Car? This isn't the 80's, uncle pennybags.

that reminds me, helium is a limited resource, there may not be any left or it will cost as much as a  car by retirement age


Plan 2: Grab ears, lift hard, remove head, throw a perfect 3 point throw on reflex.
 
2017-04-16 07:19:24 PM  
Everyone says that, but eventually they'll have to. Your eyes get foggy, your bones get brittle, your lower back starts aching, and you become forgetful of many, many things, sometimes within seconds of remembering them. Arthritus, diabetus, prostate exams...

Age is utterly unforgiving to us all. There is a point in your life when you receive a serious injury or ailment and you realize that you will never fully recover so you just have to live with it for the rest of your life, like amputees. You will need pills just to get up in the morning (and more pills just to get some sleep). And eventually it gets too difficult to even hold a job anymore. Or do what you love doing. Or keep pace with everyone else.

Remember that the concept of retirement came not from progressive politics, government programs or social institutions, but from the private sector (one of the few things business did that had an ancillary benefit): In the 19th century a German factory owner realized that it was more cost effective to send his oldest workers home and pay them a pension instead of asking them to come into work every day. They were too slow and prone to making mistakes. So he invented the concept of the company pension and retirement.

It was still something born out of greed (he wanted younger, faster workers) but it would not exist if it wasn't a sober fact of life that we all slow down as we age. Mentally, physically, even emotionally. There is not much you will want to do in your 70s except watch TV and take afternoon naps, unless you're one of those hardcore Jack Lelane types and that requires a special mind and body type that not all of us can attest.

Millenials are not going to live longer. We've barely budged the needle on human longevity -- people in antiquity lived into their 80s all the time. What has happened is MORE people are living to old age. And every generation thinks it is special and important and going to do something different, and every generation ends up the same way as every other generation when it hits its 70s: Bitter, cranky, sleepy, and complaining that the newer generation is dumber than shiat.

It has happened. It is happening. It will happen to you.
 
2017-04-16 07:19:46 PM  
Millenials have jobs? Shocking.....
 
2017-04-16 07:21:50 PM  

haywatchthis: that reminds me, helium is a limited resource, there may not be any left or it will cost as much as a  car by retirement age


Not to worry, nitrogen is vitually unlimited, cheaper the helium, and just as effective. CO2 too...
 
2017-04-16 07:22:00 PM  

Elliot8654: llortcM_yllort: Stranded On The Planet Dumbass: Like Peak Oil,  futurist predictions cannot account for innovation and scientific advancement because you can preconceive it. So, I will predict work as we know it now will be so automated and production so efficent that a lot of people won't even work at a job. There will be some kind of a basic income.

They're been saying that for 200 years. But this time is different, right?

I don't think you quite understand what the assembly line and computers have done to labor needs....


3.bp.blogspot.com
 
2017-04-16 07:22:00 PM  

Madman drummers bummers: The concept of demographic "generations" bugs me, and always has.

The idea that someone born in 1985 has more in common with someone born in 1966 than with someone born in 1986 simply doesn't scan. It ends up being an artificial divide that harms us with stereotypes more than it helps us with understanding trends.

People are people. Though old ones are grumpy and young ones need to stay off my damn lawn.


That^^^^

I was born in 1961, so technically I'm a Boomer (most stuff I read says the boom ended in 1964). But I have always had little in common with people born in 1946, though now as I age, that gap is shrinking.
I've also become more "liberal," but I can't point to any specific reason why.
 
2017-04-16 07:23:56 PM  

Lt. Cheese Weasel: Millenials have jobs? Shocking.....


As a millennial with a decent office job, who spends his spare time teaching martial arts to kids to instill discipline and good character, yes. We do have jobs. The problem is compared to a generation or two ago, our jobs don't pay a comparable wage. Look at the median wage versus median housing and higher educations costs over time. It's not encouraging.
 
2017-04-16 07:25:14 PM  

llortcM_yllort: Elliot8654: llortcM_yllort: Stranded On The Planet Dumbass: Like Peak Oil,  futurist predictions cannot account for innovation and scientific advancement because you can preconceive it. So, I will predict work as we know it now will be so automated and production so efficent that a lot of people won't even work at a job. There will be some kind of a basic income.

They're been saying that for 200 years. But this time is different, right?

I don't think you quite understand what the assembly line and computers have done to labor needs....

[3.bp.blogspot.com image 683x493]


Ding ding.

Productivity rises, wages don't. Difference in profits? In the owners pockets. Hence the wealth gap we are seeing widen in the country.
 
2017-04-16 07:26:19 PM  

bingethinker: Nadie_AZ: Ah geez, we Gen-Xers heard this shiat 20+ years ago. Meh. I'm pro millennials. They'll be fine.

The millennials who spend all their time whining about Boomers will never be anything but worthless. The rest? Sure, they'll be fine.


Millennials didn't really start biatching about boomers until they read the 100,000 article written by a boomer about everything that was wrong with millennials. I'm sure boomers felt justified because the greatest generation wrote articles about how shiatty they were and figured they do it too but fark boomers, they don't get to biatch about the next generation because they are a generation of fark ups.
 
2017-04-16 07:27:49 PM  
I plan to retire by my late 40. Not buying useless shiat  and saving 65% of my income should make it so I can retire while young enough to enjoy it.
 
2017-04-16 07:31:10 PM  
And this article is what a generation does when there are too many of them: It self-fellates. Echo chambers of self-contratulation and self-reinforced rhetoric convincing themselves that their farts smell like sparkling mineral water with just a twist of lime.

The Boomers did the same thing in the 60s, claiming they were special and different and revolutionary and they were going to change civilization with their awesome new ideas.

The larger the population group, the more its collective cranium is firmly wedged up its own rectum.
 
2017-04-16 07:31:12 PM  

Elliot8654: llortcM_yllort: Elliot8654: llortcM_yllort: Stranded On The Planet Dumbass: Like Peak Oil,  futurist predictions cannot account for innovation and scientific advancement because you can preconceive it. So, I will predict work as we know it now will be so automated and production so efficent that a lot of people won't even work at a job. There will be some kind of a basic income.

They're been saying that for 200 years. But this time is different, right?

I don't think you quite understand what the assembly line and computers have done to labor needs....

[3.bp.blogspot.com image 683x493]

Ding ding.

Productivity rises, wages don't. Difference in profits? In the owners pockets. Hence the wealth gap we are seeing widen in the country.


That graph was showing productivity, not growth. Productivity growth has slowed tremendously since 1973.
 
2017-04-16 07:31:39 PM  

Unobtanium: Madman drummers bummers: The concept of demographic "generations" bugs me, and always has.

The idea that someone born in 1985 has more in common with someone born in 1966 than with someone born in 1986 simply doesn't scan. It ends up being an artificial divide that harms us with stereotypes more than it helps us with understanding trends.

People are people. Though old ones are grumpy and young ones need to stay off my damn lawn.

That^^^^

I was born in 1961, so technically I'm a Boomer (most stuff I read says the boom ended in 1964). But I have always had little in common with people born in 1946, though now as I age, that gap is shrinking.
I've also become more "liberal," but I can't point to any specific reason why.


I'll bite here. I consider myself in that rare transitory gap somewhere between millennial and Gen-X; never perfectly fitting in to either generation, but seamlessly making friends on both sides. Some of us are called the "Oregon Trail Generation", and I like that.

I went to a Brony meetup yesterday. Everyone younger than me. While there are some of them that I call friends, or am on friendly terms with, it doesn't seem that they value a lot of the same things I do. Almost all of them still live with parents and are in college.

The Gen-Xers I spend time with in my D&D groups are almost invariably more mature, more wizened, and have a less provincial worldview. Five years of difference can change one's outlook somewhat, but not by much.

The point is, it has less to do with what "generation" or "cohort" you belong to, and more how you were raised and approach things. Group dynamics isn't easy, but no one said it was.

/now get off my lawn
//not old
///it's not the years, it's the mileage
 
Displayed 50 of 130 comments


Oldest | « | 1 | 2 | 3 | » | Newest | Show all


View Voting Results: Smartest and Funniest

This thread is archived, and closed to new comments.

Continue Farking

On Twitter





Top Commented
Javascript is required to view headlines in widget.
  1. Links are submitted by members of the Fark community.

  2. When community members submit a link, they also write a custom headline for the story.

  3. Other Farkers comment on the links. This is the number of comments. Click here to read them.

  4. Click here to submit a link.

Report