Image by designer491OPINION – Most retired people live on fixed incomes from Social Security or a pension. In addition, if they have put money aside through retirement accounts, they have calculated how much they need to live and how long their money will last. When inflation outstrips the money they earn, it throws a wrench into those plans.
Per a recent Axios study, only 14% of young people want to spend their career in the government or in nonprofit work. This makes the government by far the least enticing employer to Gen Z, who overwhelmingly responded that they would rather work at any size company instead.
Laboratory testing of HCV. (Photo: Jarun Ontakrai, via Shutterstock)Millennials haven’t inherited the best batch of goods from baby boomers. They got a housing crisis, a shaky job market, and some enormous student loans. But until recently, viral hepatitis was the burden of boomers alone to bear. Now, millennials are also facing an outbreak of Hepatitis C Virus (HCV).
A group of millennial friends looking out at an urban landscape. (Photo: Eugenio Marongiu)Millennials are better educated than previous generations; they are technologically savvy. For political types, they are a headache. They are the largest living generation. Even though there are 9.4 million California millennials, making them a potentially rich source of votes, they don’t vote in very high percentages unless they’re thrilled. They get more excited about general elections than midterms. That’s true of the electorate as a whole, usually, but it’s especially evident among millennials.
A photo illustration of pension protection. (Photo: Billion Photos, via Shutterstock)In a decision that could serve as a national model, Gov. Jerry Brown is considering legislation to allow millions of private-sector employees to steadily build their pensions without interruption — even when they change jobs.