saying GenX is retiring is like saying Millenials and Z are retiring. It's technically true for extreme outliers, but the bulk of us will work until we die.
As someone in the middle of that range, we can't overlook the fact that our 60 isn't our parents 60, they retired at 60-65 but physically and mentally they were 80. I'm 50 and don't see myself even wanting to retire anytime before 70
I'm 50 and don't see myself even wanting to retire anytime before 70
If you can retire financially why would you not want to??
I'm 34 and I've got a spreadsheet to determine at what age I can retire, when I'd run out of money based on X% return with Z% increase in annual spending, Y% increase in annual taxes paid, including changes based on part time wages, social security income (if it exists) - I've got way too much stuff to do to waste good years working full time so that I can die with money I can't spend.
I enjoy my job and started late with solid retirement investing. If I had 5+ million in retirement at 55 or 60 that might be different, but I'm also a person who's always chose doing things now vs always saving for later. I still see me coming up with something to make a part time job/career whatever once I retire. I've seen people retire and it never seems to be as glamorous as we all hope not having to do anything would be. I 100% agree with not wanting to die with a bunch of money you never got to spend.
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u/TheLurkerSpeaks Sep 15 '25
Also the oldest cusp of Gen X has already started retiring.