Experts rate this trend as alarming, as it both exacerbates the labor shortage and jeopardizes the ability to finance pensions. It is striking that among the younger baby boomers (born in 1965) even more people want to retire early. While at least 69 percent of those born in 1959 still want to work by the age of 64, the figure for younger people is only around 33 percent.
“The most common reason is that people want to have more free time,” said the study director Hans-Martin Hasselhorn from the University of Wuppertal to the ARD magazine: What is striking, however, is that even a fulfilling job and a good income do not lead to wanting to work longer .
And there is another finding: the willingness to work long hours is highest in the group with the lowest income, below the poverty line. In this group, wanting to work longer is more like “having to work longer”.
“Our main finding is that there is a strong culture of early exit among baby boomers,” Hasselhorn told ARD-Magazin. Early retirement is the norm. “Many people who are 63, 64 or 65 years old and are still working know that people ask them in amazement: ‘What, you’re still working?'” said Hasselhorn.
2023-06-27 13:27:12
#work #anymore #money #doesnt #matter #leisure #time
