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2 Views· 06 September 2022

15 Reasons why Our Generation Can’t Retire

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JermaineU4
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Today we’re talking about something your parents and grandparents have probably always taken for granted. The idea that you work until you’re in your 60s.
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In this Alux.com video we will be answering the following questions:
Will Millennials ever be able to retire?
Why are Millennials not saving for retirement?
How much do Millennials need to retire?
Which generation is retiring now?
Why our generation won't be able to retire?
What are 15 Reasons why Our Generation Can’t Retire?
What age will Millennials retire?
Will Millennials have retirement?
Why Millennials will never retire?
Will the Millennial Generation ever be able to retire?
How has the great recession affected the future of millennials’ retirement?

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00:00 - Intro
01:16 - Life expectancy is going up
02:05 - Fertility rates are going down
02:56 - Pensions systems around the world will collapse.
03:33 - Sky-rocketing cost of living
04:21 - Millennials have less invested than older generations.
05:35 - College debt.
06:45 - Short-term planning of governments.
07:42 - The fall-out from the 2008 financial crisis.
08:14 - The pandemic just made it even worse.
08:45 - Mismanagement of retirement funds.
09:15 - Wage stagnation.
09:55 - Medical care is getting harder and harder to cover.
10:25 - Governments are raising the age of retirement.
10:56 - Millennials and Gen Z-ers are less likely to own a home.
11:46 - Higher expectations from life.
13:09 - Question
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#alux #money #retirement

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