meanwhile we have graduates working in entry level positions for years and years
LauraPhilps7654 on
What a heartwarming dystopian late capitalism story.
Owzwills on
This is why innovation is stagnant in the UK just saying. Take Architecture you’ll have a 65 year old Architect who can barely use a computer yet alone CAD getting paid £120 per hour for building design that is horrendously out of date. The industry keeps expecting young professionals to keep picking up the slack on the cheap.
XenorVernix on
Only work for as long as you need to, there are more important things in life. I’m a millenial and will retire as soon as I have enough savings to last me until state pension age.
Background_Pizza9246 on
Work till you drop..clear up in aisle 5… another one bit the dust.
ElectricalSystem1761 on
Great so given the average life expectancy for a male post retirement I may as well spank it all now and enjoy it
anotherbozo on
I am not a baby boomer, and I have my own qualms about that generation… but sod off!
iwillupvoteyourface on
If they are saying this to boomers might as well scrap retirement for younger generations.
badgerandcheese on
Should stop the cafe lattes, Netflix and avocado toast. They’ll be able to retire early /s
Lo_jak on
If Boomers are being encouraged to stay in the work force for longer what the on earth does that mean for Millennials and Gen Z ?????
Tbh it was a rhetorical question…. I think we all know what’s waiting for us in the future. All of my pension calculations are being made with this in mind and I’m almost certain there won’t be a state pension for me, or it will be means tested and be really hard to get.
There’s going to be A LOT of younger generations that won’t have the option to retire due to the cost of retirement being to high, OR they end up retired and in rental accommodation with no hope of ever being able to enjoy their elder years.
Several_Show937 on
I’m 30s. I fervently believe I will die at work. I don’t even know what I’m working towards anymore as there won’t be a retirement at this rate.
Sir_Henry_Deadman on
I might just take all my non state pensions out and spend it now… None one under 40 is gonna get a retirement at this rate
WebDevWarrior on
**Government:** Oh shit, the young ones aren’t breeding because we’ve made life so terrible what with cost of living, climate change, no benefits, low pay, wars, no reason to reproduce, pollution making people sterile, job insecurity, dysfunctional healthcare, everything is a subscription (even housing)… WHO WILL KEEP THE ECONOMY GOING?
**People:** You could fix all this with changes to how the system works, you know… actually do your job.
**Government:** Sounds like hard work. Lets just encourage the old people to work until they die and force the disabled people into servitude, those workhouses can be fashionable again!
**People:** What happens when the old people die and you kill the disabled folks, who will replace them? All the young people have no training, and no reason to live / work as there is no benefit for them.
**Government:** We won’t be in power then, we’ll be retired, not our problem!
… and this people is why the world is fucked.
ManOnlyLurks on
Good luck convincing the population with unprecedented property and pension wealth to stay in work 🤣
Sad-Peace on
Please god no. I’ve got no chance of a promotion/new job if the boomers don’t start retiring soon lol
happywindsurfing on
Noo we need the current cohort of boomer hiring managers that still think £24k is a good salary for someone with a STEM PhD and other experience to get out of the workforce, not stay even longer!
lordnacho666 on
Anyone given some thought to what these numbers mean?
A 70 year old now has the same cognitive ability as a 50 year old, 20 years ago.
But uhm. A current 70 year old was, by my calculation, about 50 twenty years ago.
BifterGreen on
“People are now fit and able to enjoy their retirement. We can’t have that! They should be exploited until they drop so rich cunts can make more money.”
The IMF can fuck right off.
Bleakwind on
Oh that’s great. This is just what we need, older work colleagues taking up roles and opportunities for newer blood to get ahead and most likely demand better conditions and bring in more innovations.
It’s not like the older gen is already hoarding up property, capital, public services and funds, political agenda. Why would career opportunities make a difference
fcfcfcfcfcfcfc on
Have they tried just living within their means? Cancel that TV Licence? Less expensive biscuits?
Zofia-Bosak on
Surely they would want old people / pensioners to retire so young people can enter the workplace?
blueskyjamie on
Boomers are long gone, it’s us gen X carrying the can now, but then I’m guessing you all forgot about us again!
Joenonnamous on
Good luck with that. Here in the US corporate jobs give you the boot long before you hit 70.
luvinlifetoo on
Not a fucking chance – leached enough out of me already
anotherboringdj on
It’s a f..n’ joke. People worked 40 years would take rest in pension
weedbearsandpie on
If 70 is the new 50, is 87 the new retirement age? I’m fully abandoning pension payments if this is the road we’re going down
CarlMacko on
I’m in my early 40s. As soon as I’m financially able I’m absolutely dipping out of the workforce.
remic_0726 on
you still need to be able and above all to find a job…
Longjumping_Win_7770 on
Work until you are ill and incapable then we’ll tax your pension to oblivion with the fifth round of taxes on your pound. Declining any legitimate health assistance claim in the process.
You die after being worked to dust and neglected by the state you supported, then we’ll tax your estate for our sixth beak wet.
All the while the returns you see become less and less as the society and country you knew crumbles, the money being siphoned off to unworthy or needless causes by feckless and incompetent political parties.
Welcome to 21st century Britain.
LordLucian on
Let them retire in peace, do you want 70 year olds working or fresh faced youngsters running around?
My father is 66 and newly retired and can barely move as it is since working all his life since he left school.
Prownilo on
Except no one wants yo hire a 70 year old.
It’s all well and good saying work till 70, but tech is changing how things work so rapidly that there is little incentive to hire them over a cheap graduate.
Virtual-Baseball-297 on
Let the pension Ponzi scheme continue so the next generations don’t get shit
WonderingOctopus on
I simply wont physically or mentally be able to work in my elder years.
I’m already feeling the effects of excessive work, even with the best of effort I will have reached my capacity long before that, im sure.
looney_jetman on
No way. I’ve been working since I was 16. I’m planning to get out at 60, if I can. I want to actually be able to relax and do the things I enjoy before I get too old and infirm. My job has always overshadowed any time off I’ve had throughout my career.
DeathDestroyerWorlds on
I work in construction, in my mid 50’s with knackered knees. They can fuck right off with me working into my 70’s!
DanLyxx on
So, these pensioners are fit and healthy enough to enjoy their retirement but the IMF is suggesting they should trade that enjoyment in to contribute to a country’s economy? Unreal.
Nosferatatron on
There’s a vast difference between an easy office job and a tough job. Some 50 year olds are physically fucked and will be functionally useless working even up to normal retirement age
CaterpillarLoud8071 on
Great, they can sit in the top positions with their outdated ideas and inability to use a computer, while younger people can’t get a promotion. I’d rather pay them a damn pension and they can have fun being Karens without it affecting others’ livelihoods.
We should be encouraging older people to keep themselves busy, however – working part time and volunteering is good for their social lives, preventing loneliness and keeping their minds and bodies active.
suffolkbobby65 on
Does this mean in the likely event Putin and Trump throw a wobbly, I can get called back into military service at 70? I’d love to go to sea again 🙂
eoshian on
Everyone should never retire, work for a pittance and let the CEOs and shareholders take all profits.
sharpecads on
They can fuck right off with that! I’m retiring as soon as I can!
Trailblazer913 on
The media constantly says there are skill shortages, but I see absolutely no evidence of it in real life. In fact I’ve seen unnecessary and low productivity industries created and filled with workers en-masse in the past 10 years. I know people who are underemployed and unemployed despite giving things a pretty good go.
Hairy-Blood2112 on
Hahahaha. Fuck no. Let us retire at 65 like we were promised. Then give the young kids a chance to get a reasonably well paid job rather than being on a full time college course till they’re 19.
ProperPizza on
What a remarkably short-sighted idea. We’re not going to fix the country’s problems by hauling 70-year-olds back into work, *especially* when they don’t want to.
If we actually want a future for this country, we have to put wealth and ambition back into the hands of the younger generations. Give them something to work for, to work towards, and to be proud of. THAT is how you invest in your country, and your people. That is how you become a proud and strong nation. Train people, invest in them.
The problem is, our political system endlessly encourages short-term strategies. Governments aren’t incentivised to invest in long-term commitments and ideas because they will bear fruit long, long after that government has been kicked out. A lot of people just can’t see the bigger picture, or simply *won’t* see it.
UnicornAnarchist on
Not for my mum it wasn’t. She passed away eight months from her 70th. I cried on her birthday. 😢
OanKnight on
What’s the median life expectancy for men? 67? So cradle to grave, you’re now working or learning. This actually kind of makes national insurance irrelevant, no?
alii-b on
And many millennials dreaming of making over 36-8k in their mid to late 30s.
Complete_Tadpole6620 on
Too late arseholes! I’ve already retired and i ain’t never going back!
Emperors-Peace on
I’ll work until I’m 70 if you add 20 years to my knees, back, heart and lifespan.
49 Comments
meanwhile we have graduates working in entry level positions for years and years
What a heartwarming dystopian late capitalism story.
This is why innovation is stagnant in the UK just saying. Take Architecture you’ll have a 65 year old Architect who can barely use a computer yet alone CAD getting paid £120 per hour for building design that is horrendously out of date. The industry keeps expecting young professionals to keep picking up the slack on the cheap.
Only work for as long as you need to, there are more important things in life. I’m a millenial and will retire as soon as I have enough savings to last me until state pension age.
Work till you drop..clear up in aisle 5… another one bit the dust.
Great so given the average life expectancy for a male post retirement I may as well spank it all now and enjoy it
I am not a baby boomer, and I have my own qualms about that generation… but sod off!
If they are saying this to boomers might as well scrap retirement for younger generations.
Should stop the cafe lattes, Netflix and avocado toast. They’ll be able to retire early /s
If Boomers are being encouraged to stay in the work force for longer what the on earth does that mean for Millennials and Gen Z ?????
Tbh it was a rhetorical question…. I think we all know what’s waiting for us in the future. All of my pension calculations are being made with this in mind and I’m almost certain there won’t be a state pension for me, or it will be means tested and be really hard to get.
There’s going to be A LOT of younger generations that won’t have the option to retire due to the cost of retirement being to high, OR they end up retired and in rental accommodation with no hope of ever being able to enjoy their elder years.
I’m 30s. I fervently believe I will die at work. I don’t even know what I’m working towards anymore as there won’t be a retirement at this rate.
I might just take all my non state pensions out and spend it now… None one under 40 is gonna get a retirement at this rate
**Government:** Oh shit, the young ones aren’t breeding because we’ve made life so terrible what with cost of living, climate change, no benefits, low pay, wars, no reason to reproduce, pollution making people sterile, job insecurity, dysfunctional healthcare, everything is a subscription (even housing)… WHO WILL KEEP THE ECONOMY GOING?
**People:** You could fix all this with changes to how the system works, you know… actually do your job.
**Government:** Sounds like hard work. Lets just encourage the old people to work until they die and force the disabled people into servitude, those workhouses can be fashionable again!
**People:** What happens when the old people die and you kill the disabled folks, who will replace them? All the young people have no training, and no reason to live / work as there is no benefit for them.
**Government:** We won’t be in power then, we’ll be retired, not our problem!
… and this people is why the world is fucked.
Good luck convincing the population with unprecedented property and pension wealth to stay in work 🤣
Please god no. I’ve got no chance of a promotion/new job if the boomers don’t start retiring soon lol
Noo we need the current cohort of boomer hiring managers that still think £24k is a good salary for someone with a STEM PhD and other experience to get out of the workforce, not stay even longer!
Anyone given some thought to what these numbers mean?
A 70 year old now has the same cognitive ability as a 50 year old, 20 years ago.
But uhm. A current 70 year old was, by my calculation, about 50 twenty years ago.
“People are now fit and able to enjoy their retirement. We can’t have that! They should be exploited until they drop so rich cunts can make more money.”
The IMF can fuck right off.
Oh that’s great. This is just what we need, older work colleagues taking up roles and opportunities for newer blood to get ahead and most likely demand better conditions and bring in more innovations.
It’s not like the older gen is already hoarding up property, capital, public services and funds, political agenda. Why would career opportunities make a difference
Have they tried just living within their means? Cancel that TV Licence? Less expensive biscuits?
Surely they would want old people / pensioners to retire so young people can enter the workplace?
Boomers are long gone, it’s us gen X carrying the can now, but then I’m guessing you all forgot about us again!
Good luck with that. Here in the US corporate jobs give you the boot long before you hit 70.
Not a fucking chance – leached enough out of me already
It’s a f..n’ joke. People worked 40 years would take rest in pension
If 70 is the new 50, is 87 the new retirement age? I’m fully abandoning pension payments if this is the road we’re going down
I’m in my early 40s. As soon as I’m financially able I’m absolutely dipping out of the workforce.
you still need to be able and above all to find a job…
Work until you are ill and incapable then we’ll tax your pension to oblivion with the fifth round of taxes on your pound. Declining any legitimate health assistance claim in the process.
You die after being worked to dust and neglected by the state you supported, then we’ll tax your estate for our sixth beak wet.
All the while the returns you see become less and less as the society and country you knew crumbles, the money being siphoned off to unworthy or needless causes by feckless and incompetent political parties.
Welcome to 21st century Britain.
Let them retire in peace, do you want 70 year olds working or fresh faced youngsters running around?
My father is 66 and newly retired and can barely move as it is since working all his life since he left school.
Except no one wants yo hire a 70 year old.
It’s all well and good saying work till 70, but tech is changing how things work so rapidly that there is little incentive to hire them over a cheap graduate.
Let the pension Ponzi scheme continue so the next generations don’t get shit
I simply wont physically or mentally be able to work in my elder years.
I’m already feeling the effects of excessive work, even with the best of effort I will have reached my capacity long before that, im sure.
No way. I’ve been working since I was 16. I’m planning to get out at 60, if I can. I want to actually be able to relax and do the things I enjoy before I get too old and infirm. My job has always overshadowed any time off I’ve had throughout my career.
I work in construction, in my mid 50’s with knackered knees. They can fuck right off with me working into my 70’s!
So, these pensioners are fit and healthy enough to enjoy their retirement but the IMF is suggesting they should trade that enjoyment in to contribute to a country’s economy? Unreal.
There’s a vast difference between an easy office job and a tough job. Some 50 year olds are physically fucked and will be functionally useless working even up to normal retirement age
Great, they can sit in the top positions with their outdated ideas and inability to use a computer, while younger people can’t get a promotion. I’d rather pay them a damn pension and they can have fun being Karens without it affecting others’ livelihoods.
We should be encouraging older people to keep themselves busy, however – working part time and volunteering is good for their social lives, preventing loneliness and keeping their minds and bodies active.
Does this mean in the likely event Putin and Trump throw a wobbly, I can get called back into military service at 70? I’d love to go to sea again 🙂
Everyone should never retire, work for a pittance and let the CEOs and shareholders take all profits.
They can fuck right off with that! I’m retiring as soon as I can!
The media constantly says there are skill shortages, but I see absolutely no evidence of it in real life. In fact I’ve seen unnecessary and low productivity industries created and filled with workers en-masse in the past 10 years. I know people who are underemployed and unemployed despite giving things a pretty good go.
Hahahaha. Fuck no. Let us retire at 65 like we were promised. Then give the young kids a chance to get a reasonably well paid job rather than being on a full time college course till they’re 19.
What a remarkably short-sighted idea. We’re not going to fix the country’s problems by hauling 70-year-olds back into work, *especially* when they don’t want to.
If we actually want a future for this country, we have to put wealth and ambition back into the hands of the younger generations. Give them something to work for, to work towards, and to be proud of. THAT is how you invest in your country, and your people. That is how you become a proud and strong nation. Train people, invest in them.
The problem is, our political system endlessly encourages short-term strategies. Governments aren’t incentivised to invest in long-term commitments and ideas because they will bear fruit long, long after that government has been kicked out. A lot of people just can’t see the bigger picture, or simply *won’t* see it.
Not for my mum it wasn’t. She passed away eight months from her 70th. I cried on her birthday. 😢
What’s the median life expectancy for men? 67? So cradle to grave, you’re now working or learning. This actually kind of makes national insurance irrelevant, no?
And many millennials dreaming of making over 36-8k in their mid to late 30s.
Too late arseholes! I’ve already retired and i ain’t never going back!
I’ll work until I’m 70 if you add 20 years to my knees, back, heart and lifespan.