How will retirement look like for Gen Z?

[heyhey88]

Retirement used to be simple—work till 65, get CPF payouts, and enjoy life. But will it be the same for Gen Z?


With sky-high living costs, later homeownership, and inflation, will Gen Z even retire the traditional way? Or will they opt for mini retirements, passive income streams, or just keep working forever?

Originally Posted by heyhey88

Retirement used to be simple—work till 65, get CPF payouts, and enjoy life. But will it be the same for Gen Z?


With sky-high living costs, later homeownership, and inflation, will Gen Z even retire the traditional way? Or will they opt for mini retirements, passive income streams, or just keep working forever?

If we continue with the same current capitalist system, no chance Gen Z can retire.

But let's not even talk about retirement. That is too far. I predict going forward, lets say another 15 years - 20 years from now, having 3 square meals a day is going to be a problem unless people work 2 jobs.

The rich poor divide will get so freakin large you will get the top 10% living extravagantly while 20% just getting by and the remaining 70% in poverty. Governments worldwide will continue to pander to the rich 10% by giving tax cuts, tax exemptions and incentives while substantially increasing taxes on the remaining 90%.

Inflation will be out of control (it is already out of control) and will get significantly worse with baseline moving from 2% to easily double or triple that. Governments worlwide are forced into printing more and more money to fund deficits.

Companies will get richer and richer beyond any imagination but unless you are the top C suite, the rest will have to contend with low wages that can barely keep up with inflation while layoffs will be so common with jobs replaced by AI and/or automated.

There will be huge huge numbers of unemployed people struggling to find jobs and those that do often get exploited with min wage. Govrrnments don't want to deal with these people as they do not have the budget to maintain these people and some will round them up and move them into designated slums. Others will setup homeless tents everywhere like you see in downtown Los Angeles. Government officials will conveniently overlook these facts.

Democracy will be thing of the past at least no longer 1 man 1 vote. Politicians will change this because they know they will lose every election if 70% of the population are starving and unemployed. Instead voting will be only granted to those within a specific social economic status while the masses would just have to suck it up.

[liangzhusg]

Last time retire at 65 still can enjoy life a bit… now with COE, BTO delays, and everything going up, Gen Z confirm need to think differently. Maybe won’t be “full retirement” like before—more like work, take breaks, earn from side hustles or passive income. Mini retirements sound nice, but not easy unless got solid planning. For some, might just end up working way past 65 lor ��

Why wait till 65 to enjoy life?

You should enjoy every now and then.

Don't follow the boomers who wait till their too old.

Then they got mobility problems.

Need to work, then continue to work.

If you can KKYLP, that will be great.