Boomers refusing to retire is why Millenials can't earn money.
Retired people can contribute to their communities, in ways that return psycho-emotional rewards, supporting the real economy and themselves, and reducing waste from consumerist materialism.
Re:“Fuck You” Money
by MichaelRazum on Wednesday April 27, 2022 @02:04PM
(#31183552)
Im pretty sure you would decrease wealth, if you force people to retire. The ones who earn a lot also bring the experience on the table. A good example would be a world class physics professor. Should he really be just replaced with some Millennials? Maybe they first should prove themselves…
I think the point is more. A lot of Money needs a lot of effort to manage it. Alone if you realize that optimizing taxes could have a huge impact, which kind of pushes people to choose tax friendly jurisdictions. I mean its like why should I pay billions of taxes if it is possible to avoid them. So the pressure is huge. Then if you are owning companies, that means a lot of management as well. So of course you could just say „fuck it“ , but it is not an easy call.