this post was submitted on 24 Apr 2024
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Canadians’ views on retirement are shifting dramatically, with the idea of retiring at age 65 being one of the early casualties. Read more.

top 25 comments
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[–] dgriffith@aussie.zone 70 points 5 months ago

"Outdated", or "impossible"?

[–] nik282000@lemmy.ca 44 points 5 months ago* (last edited 5 months ago)

No we don't we think retiring at 65 is unattainable.

[–] Muffi@programming.dev 25 points 5 months ago (3 children)

They haven't had a 65 year old for a colleague yet. Just wait until they've helped their 60+ y/o colleagues disable Caps Lock for the 50th time.

[–] nyan@lemmy.cafe 14 points 5 months ago

In all fairness, there are Boomers out there who are tech-literate. Thing is, they only call for help when they have a real problem, so it's the other ones we remember.

[–] nik282000@lemmy.ca 6 points 5 months ago (1 children)

Just wait until they’ve helped their 60+ y/o colleagues disable Caps Lock for the 50th time.

You have no idea how much rage you just unlocked.

[–] pbjamm 4 points 5 months ago

You need to press the RageLock key to fix that.

[–] jadero@lemmy.ca 6 points 5 months ago (1 children)

There is a really easy fix for that. A proper training program instead of just expecting that people are born with the necessary skills. Having worked IT in a variety of capacities, including training and end-user support, I'm pretty sure cluelessness is a function of training and experience, not age.

[–] kandoh@reddthat.com 2 points 5 months ago

These old dogs just need some new tricks!

[–] ininewcrow@lemmy.ca 24 points 5 months ago* (last edited 5 months ago)

*Young Canadians think retiring at 65 is ~~an outdated concept~~ unaffordable and impossible in this current corporate controlled world

[–] corsicanguppy@lemmy.ca 20 points 5 months ago

This is patently false. Younger Canadians want to retire at an age where they're still healthy. But can't.

My cousin retired at 48.

Astounding, right? A little luck, a little wisdom and careful spending, and also a union job he slid into at 23 and worked 25 years at in various cities until he'd built his time and could retire out.

He's not perfect; his hands are trashed, but he can still steer his bike and climb rocks. His back is rough but he doesn't need to lift much, now. So even he's on the border of health.

He's living the best life we could hope for, the life this trickle-down myth from the conservatives took from the rest of us.

We need so many unions that the labour rights they claim to fight for become almost a standard; then it will become one. They're not in the business of helping non-members anymore, but we can use them to our benefit.

And maybe give those cons the boot.

[–] tearsintherain@leminal.space 20 points 5 months ago

Productivity has gone up, wages have been stagnant, but retirement age gets pushed upwards, never downwards.

[–] kandoh@reddthat.com 17 points 5 months ago

Because we don't think we'll be allowed to retire.

What these guys would consider my retirement savings are actually my shit-hits-the-fan savings that's supposed to get me through the next financial collapse.

[–] voluble@lemmy.ca 10 points 5 months ago (2 children)

As a millennial with a not-amazing but decent paying job, the notion of retirement at all is laughable. What incentive do people like me have to save, when inflation and cost of living are on the trajectory that they're currently on? Putting money away at this point just means less money for groceries, rent, and enjoyable things. And in 5 years, that saved money will be worth less than it is today.

[–] PhAzE@lemmy.ca 3 points 5 months ago

That's why they pay us the medium bucks!

[–] villasv@lemmy.ca 2 points 5 months ago

What incentive do people like me have to save, when inflation and cost of living are on the trajectory that they’re currently on? [...] And in 5 years, that saved money will be worth less than it is today.

Saving shouldn't mean hoarding money, it should mean investing. You should be able to find some cheap index funds out there that will help you beat inflation.

[–] Magrath@lemmy.ca 3 points 5 months ago (2 children)

I don't think these people work with enough people. I'm working with a few 60+ people and a few of them should've retired at 60.

[–] corsicanguppy@lemmy.ca 2 points 5 months ago* (last edited 5 months ago)

I work in IT. The reduced neuroplasticity is a thing we noticed, especially as they approach new IT processes.

  • we need our elders to show us why some new products (like the one we call Lennart's Cancer) is wrong-headed
  • they still need to work
  • learning is slower, but they leverage their 40 years of meta-experience to great effect.

Maybe they should retire, if they can. Maybe we recognize where their strengths have changed and make use of them accordingly.

I know mentorship and working-lead posts are few, but that's kinda how we got where we are now. If you think we should ditch the one group who will champion fair labour and bring the proverbial receipts, then you may need to check your limbs for puppet-strings.

[–] kandoh@reddthat.com 2 points 5 months ago (1 children)

I've noticed older works really struggle with anything that involves writing. They're great as long as everything is a phone call or a meeting, but the moment they need to sit down and write something it's like they suffer brain damage and the keyboard burns them to touch it.

[–] girlfreddy@lemmy.ca 1 points 5 months ago* (last edited 5 months ago) (1 children)

Probably because they know no one will read it anyway, so why bother.

[–] kandoh@reddthat.com 1 points 5 months ago

I am reading it, and I struggle with verbal communication because I have to shift through the social chit chat to find what they actually want me to do for them, and I also have to take notes during the interaction. All things solved by writing it down in an email instead.

[–] some_guy@lemmy.sdf.org 3 points 5 months ago (1 children)

My partner and I have reached a point where we hired a financial planner. I told her that I don't expect to retire either because it won't be possible or the world will be so fucked that whatever we might plan today will be massively different. I told her my outlook is bleak and please don't push things that aren't interesting to me. Essentially, I look to her to help make life more comfortable until the day that I die. A comfortable retirement and life of leisure isn't even on the map.

[–] lautan@lemmy.ca 2 points 5 months ago (1 children)
[–] some_guy@lemmy.sdf.org 1 points 5 months ago (1 children)

Old enough to have had my older brother buy me adult magazine when I was twelve. Young enough to have been the right age to be online during my teens.

[–] psvrh@lemmy.ca 1 points 5 months ago

Younger Gen-X? Sounds like me...

[–] Pyr_Pressure@lemmy.ca 2 points 5 months ago

It's an outdated expectation but shouldn't be an outdated goal.

No one should need to work after 65 years of age if they don't want to.

There's hardly any chance of that happening nowadays though.