I know and I am quite sure that a very high percentage of the users who make a living in the Hive ecosystem, the vast majority of all of them are all very young people. Youngsters, as I affectionately call them. Some even with their own family and children. And many of them probably oscillating between their 20s, 30s, and 40 years of age. But anyway, they all are still young people to me.
But sometimes I wonder, if because of the way that traditional labor and employment conditions & circumstances are currently going around the world. The time, effort and dedication that they give and devote to this "social network" platform on the blockchain to try to earn a few cents from time to time, does not make them lose sight of some crucial and important elements for their future and well-being.
And that's precisely what I intend to find out with this weekend article. I am aware that there are some here younger than others. Single, without children and without commitments and major responsibilities. And others who are a bit older and who have already acquired family commitments and responsibilities and even combine their current work life with their time here on the platform as a hobby or as a side hustle as a way to generate and obtain extra income creating content or whatever.
And for which first of all and before moving forward to consume the rest of the content of this article. I would like you to first watch this video below so that you can define which generation you belong to and which one you identify with the most.
Are you expecting to get a state pension when you retire, with a similar amount to what your parents or grandparents were able to get? Because if you are a millennial or younger you should be thinking that state pensions might not exist when you want to retire in thirty to forty years.
Most EU countries’ state pension schemes are unaffordable, private pensions are under so much financial pressure that they’re increasingly unsustainable, and today’s young are being warned they probably can’t retire until into their eighties.
Governments across Europe are being caught off-guard by the combined effects of longer lifespans, shrinking workforces, inadequate levels of savings and a widespread refusal by taxpaying citizens to accept later retirement. Europe is ageing and the next twenty-five years will see a dramatic fall in the headcount of taxpaying employees and an even more striking rise in the number of pensioners.
And this is not just in Europe. This is a global phenomenon and trend that currently affects all countries on the planet. And it is certainly a social, economic, financial and cultural phenomenon. And although it is observed to begin more acutely and noticeably in Europe, it is undoubtedly also beginning to stand out significantly in USA, China, Japan and many other developed countries on the planet.
Of course, how hard this phenomenon hits you will always be determined by where on earth you were born and where you are now carrying out a working life nowadays. But in any case, and if you had not stopped to think before about this matter about your future due to your current happy and carefree youth. Then I invite you to take a careful look at these graphs, charts and statistics below to analyze what the future may hold for you in the next years before your eventual retirement.
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¿Lifetime pension or Lifetime work?
¿Birthrate Crisis «--» Pension Crisis?
So, by the way...
¿How Old Are You?
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