10 March 2009

Baby boomers won't retire quietly

As someone born on the cusp of baby boom and gen X, I'm rather sensitive to this issue, particularly as I seem to be watching church pensions shrinking and the ability of the present giving to make up the actuarial lack diminishing also. So for me the future in 20 years or so seems to require the possibility of continuing some degree of employment. There's more in this helpful article Baby boom Britain won't retire quietly | Society | The Observer And here's the start of why it's important: "Older people are fitter than ever before and many do not want, or cannot afford, to retire at 65. Last week there was a taste of the fights to come with a series of challenges to the government over age discrimination."
The article raises interesting and important issues like this one: "retirement has a class conflict,... between "the working classes who are rather glad to get out of jobs they didn't enjoy and the middle classes and people with more interesting jobs who are desperate to stay in".
And I have to say that I think I already see the evidence of this appearing in the media: "A grey pound will change consumer culture. Materialism and fashions dominated by youthful energy and sexual imagery could disappear under the weight of what economist George Magnus calls "boomerangst" - the interest of babyboomers in the implications of their ageing and an older society."
In terms of what we need to consider in terms of the mission of the churches, this struck me as important: "Health problems that come with old age are seeing a change. "There is a huge rise in the number of older people with depression. Why that is I don't know, but it's certainly increased hugely even in the last year," said Carroll. "We try to reach these people but there are huge waiting lists for our services. Isolation remains a problem."
I'm wondering whether this is the parallel to teenage depression which seems to be linked, I seem to recall, with not really having a sense of purpose. Once people can't immerse themselves in their work and can't distract themselves with whatever money can buy, naked life faces us and it may not look that attractive. That's what the existentialist and nihilist artists have been trying to tell us for the best part of a century: now its truth may be hitting home.

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