this post was submitted on 25 Jun 2024
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Millennials worst nightmare.
But I think its clear that through freedom and equity of the markets we have chosen to fight this problem and mitigate the number of people becoming old. You can see the results already.
My great grandmother only budgeted her retirement to live until 90. When she turned 91, she fixed her will to leave less. She's turning 98 soon and constantly is afraid she'll run completely out of money. She jokes that she'll end her life any day now to avoid having us deal with her debt.
It's absolutely horrifying thinking like that.
Oh, forced to inherit your families debt is fucked up law anyways, middle-ages shit.
In a more human (socialist) world aging population means more social transfers for healthcare (and/or providing minimal income/pensions), but also more people working in that sector (doctors, nurses, carers, etc). All of that is a challenge for millennials and gen-z to finance (or let them just die).
And I don't se capitalism solving that issue in a humane non-Soylent-Green manner.