The Struggles Of Retiring

1,175 total views, 1 views today

For millions of baby boomers, 70 something looks and feels different in 2018. For many, they’re fit, curious, and some of them still want to be working.

Compulsory retirement can be a cruel policy for those individuals. It results in millions of men and women being turfed out of the jobs that they enjoyed and dedicated years to and allow younger individuals to climb up the pyramid of power. From nurses, to teachers, the list is endless.

And this creates a massive problem as so many baby boomers have to work because they have no actual savings. In fact, up to 3.9 million men and women born in the 1950s are in this issue. They received recently that the pension age for both men and women was raised to 65.

Because of this, many people face financial hardship, with many looking after their older parents as well as disabled children. In those cases those who are in that position can only fill low-paying jobs such as retailing, catering, and caring. The only upside of this utterly appalling situation is that older individuals are still socializing through their work. Work itself might tire you out, however the talking allows your mind to freshen up and it also stops you from feeling isolated.

Some other good news is that some governments are taking some form of action in fixing these issues. Take the UK where Theresa May announced major shifts in government policy. She ordered for equalities office to focus on women in the low-status, and low-paid jobs as opposed to the gender pay gap or the lack of women in higher status positions. Unfortunately she didn’t mention anything about pensions or pension age.

All in all these struggles has brought people to be thinking about retirement homes. It’s a dreadful response to the situation that baby boomers are facing. When you’ve stopped working and your children are far away, a retirement home is hyped up as an ideal lifestyle for those who have the cash.

Because of this towns and cities are slowly being divided. Not just along income or ethnicity, but even age and whether you are employed or not. There are various pockets of older people living in large empty houses, not willing to move because they don’t want to lose their garden or leave the neighborhood. This leads to young people being very resentful and this hampers communications.

The only real solution to this is to start building some new kind of public housing, comprising blocks which incorporate units, shared kitchens and living spaces for the young to live along with studio flats that have cooking and bathing facilities that are sound-proofed for older people.

But at present those type of luxuries are but a dream to many as those places that house these facilities are only affordable to those who are in the upper class.

And while developments are certainly being made in more luxury housing, it still isn’t solving the problem of the gap in housing and residential communities. Today, people are only slowing the ageing process by talking with people day to day and not changing how they are living.