Silverbacks who won’t retire! | #BizTrends with Dion Chang

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Dion-Chang-Biz-Trends-Header-Modern medicine means that people are living longer and longer. It’s been said that their first person to live to 150 has already been born – And that means that a pension plan that counts on people retiring at the age of 65, and (not to put too fine a point on it), going safely to the grave by the age of 80 will fall far, far short…

Add to that the fact that less than 40% of South African’s have enough money saved up to support them adequately for a 15 year retirement, and it’s easy to see the problem.


BizTrends-on-BizRadioDion Chang in conversation with BizRadio’s Grant Jansen
Podcast | Click HERE to listen


If our older generation is both fit enough to be able work (and they are) and needy enough to want to work (and they are) we are left with an aging workforce that has no intention of relinquishing their jobs to the hungry younger generation.

This marks a fundamental breakdown of what should happen in a functioning society: Elders should pass on their knowledge to the younger generation, and then move over, and give the youth a chance to build on what they were taught, and in turn in time pass on their knowledge to their descendants.

fluxtrends | read more

Join Grant Jansen every weekday morning from 10 to noon for the Daily Biz on Biz Radio.

 

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eBizRadio

eBizRadio is a live multi- platformed social media service providing an online forum to the business community for holding conversations on the key issues related to specific businesses as well as availing a space for cross-business collaboration in response to key issues affecting the world of business. The place to go if you want to know about business and lifestyle

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