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"Retirement Anxiety" Has Gripped Gen-Z. Here's Why. | Vantage with Palki Sharma 

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"Retirement Anxiety" Has Gripped Gen-Z. Here's Why. | Vantage with Palki Sharma
Worry about saving for retirement has spanned generations. Now, it has a new prey- Gen Z. As economic landscapes evolve, concerns deepen. With stagnating wages, precarious employment, and mounting student loan debt, the prospect of retirement seems increasingly distant. Rising living costs coupled with dwindling social safety nets is intensifying apprehensions. Moreover, climate change impacts add unforeseen variables to retirement planning. As individuals grapple with these multifaceted challenges, the urgency to secure a stable financial future is intensifying. All while the amount required to save for retirement is soaring year on year. How much do people need to save in order to retire comfortably? What factors influence it? What can be done to prepare for retirement? Palki Sharma tells you.
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Retirement Anxiety | Generation Z | Firstpost | World News | Vantage | Palki Sharma
#retirementanxiety #genz #firstpost #vantageonfirstpost #palkisharma #worldnews
Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.
The show is anchored by Palki Sharma, Managing Editor, Firstpost.
By breaking stereotypes, Vantage aims to challenge conventional wisdom and present an alternative view on global affairs, defying the norm and opening the door to new perspectives. The show goes beyond the headlines to uncover the hidden stories - making Vantage a destination for thought-provoking ideas.
Vantage airs Monday to Friday at 9 PM IST on Firstpost across all leading platforms.

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3 апр 2024

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Комментарии : 469   
@LuccaWeber1
@LuccaWeber1 Месяц назад
More and more people might face a tough time in retirement. Low-paying jobs, inflation, and high rents make it hard to save. Now, middle-class Americans find it tough to own a home too, leaving them without a place to retire.
@spacecadet6
@spacecadet6 Месяц назад
The increasing prices have impacted my plan to retire at 62, work part-time, and save for the future. I'm concerned about whether those who navigated the 2008 financial crisis had an easier time than I am currently experiencing. The combination of stock market volatility and a decrease in income is causing anxiety about whether I'll have sufficient funds for retirement.
@noah-greene
@noah-greene Месяц назад
This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.
@emmaarmando
@emmaarmando Месяц назад
@@noah-greeneMind if I ask you to recommend this particular coach you using their service?
@noah-greene
@noah-greene Месяц назад
'Gertrude Margaret Quinto' maintains an online presence. Just make a simple search for her name online.
@Lisaruthdecker.
@Lisaruthdecker. Месяц назад
I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an email shortly.
@Amor_fati123
@Amor_fati123 Месяц назад
These days we are detailing each and every aspect including life, so much so that we get anxious and feel it’s better to end it😄, switch off from Social Media , life will be much more peaceful….these are news overloaded.
@manasuniyal2897
@manasuniyal2897 Месяц назад
correct
@TravelConsumer
@TravelConsumer Месяц назад
Dude u r on yt which is a social media platform 😂
@kiranprabhu003
@kiranprabhu003 Месяц назад
@@TravelConsumer primarily a search engine, and we cannot follow or chat privately. so its not a social media.
@desinihilist5916
@desinihilist5916 Месяц назад
So what you are basically saying is Ignorance is bliss?
@Arcturus.93
@Arcturus.93 Месяц назад
Yesh I've deleted my Instagram, and I have so much more time to focus on myself, my environment and my goals
@TheFourthWinchester
@TheFourthWinchester Месяц назад
3 people i know had heart attack last week. They still were in their 40s. Stop planning for retirement and start living.
@SensibleWriter
@SensibleWriter Месяц назад
lmao true but I save 2.5 crores in 6 years which is great for me I can stop working any time now after reaching 8 crores corpus
@yfhello
@yfhello Месяц назад
i would agree our generation is dyeing young one lady i knew below 40 died yesterday suddenly we dont need retirement planning we have less time better to enjoy life
@indian9632
@indian9632 Месяц назад
Start plan planning without worrying
@yfhello
@yfhello Месяц назад
@@indian9632 first we need to simplify we have so many emi and loans better to simplify no costly mobile cars bikes gadgets just only what you need simple not expensive myself using 10k phone working for me and less emi more investing in shares bluechip and in physical gold which has given me return of 50% since past 7 years than I sold some of my gold bought real estate gave it for rental.so investing with logic and simple life will save you.spending will give heartache.
@jadedqueen7782
@jadedqueen7782 Месяц назад
​@@yfhello Dude in earlier generations people died in womb ,infancy , childhood,adulthood , middle age due to all sorts of things in much much greater proportion. We are the most well established and surviving generation. And that is why the cost is rising cause there are just too many people and not enough resources. Instead of" living", live a balanced life and stop having kids all together. Within 50-100 years A.I is going to takeover everything. Where will your jobs go than?
@shivalikekare2997
@shivalikekare2997 Месяц назад
It's not about just retirement... This generation is anxious anyway...
@asofotida443
@asofotida443 Месяц назад
I agree, they are more concerned about getting "likes" on their posts.
@DrDiabolical000
@DrDiabolical000 25 дней назад
Spoken like true boomers who only see the world through their own lens of hypocrisy, delusion and self-entitlement, and blames the same thing on younger generation so they don't see that.
@DrDiabolical000
@DrDiabolical000 25 дней назад
Guys plz do like my above comment. It's very important for ms. I can't imagine my life without those likes 👆😰
@nitinnavale
@nitinnavale Месяц назад
Just buy a small place in remote area where you grow crops and you are all set. More peace, More time!
@marietaylor5174
@marietaylor5174 19 дней назад
That sounds like too much physical work for this generation.
@venkyh
@venkyh Месяц назад
I once attended a MoneyLife seminar on retirement planning. I was the first person to reach the room and sat in the front row. When the seminar started, I looked back and realized that I was the only person in the room with black hair. There is a time to plant the seeds and a time to harvest the fruits. The white haired ones had missed the planting season altogether
@ManikandanSurendranath
@ManikandanSurendranath Месяц назад
Power of compounding.
@deepthinker1710
@deepthinker1710 Месяц назад
Because you only have lots of money 💰
@podcastwithpastorjesse9367
@podcastwithpastorjesse9367 Месяц назад
Wise words
@priyankachoudhary628
@priyankachoudhary628 Месяц назад
@@deepthinker1710I don t think so when I started working in delhi back in 2008 my salary was 8500/- per month . From my 3rd salary I Started investing. My husband also thinks same way . We are at much better position now . Everything planned
@criptik5208
@criptik5208 Месяц назад
​@priyankachoudhary628 investing what? What your salary now?
@altmosetz_01
@altmosetz_01 Месяц назад
People are being pushed into early retirement. Job opportunities start shrinking after 40 & getting a job after 45 is very difficult. Esp in India. The educated unemployed are increasing in numbers in the age group of above 45
@luisfernando5998
@luisfernando5998 Месяц назад
Ur next
@unknown.m.e
@unknown.m.e Месяц назад
Until you are a doctor
@Happysoul_3
@Happysoul_3 Месяц назад
Or a lawyer & a CA.. these professional courses are a saviour
@sevenseasc8094
@sevenseasc8094 Месяц назад
​@@Happysoul_3 u will be good ca, lawyers if better manage assets like mom and bargain above market. ca , lawyers they just fooling u in name of finance.. paise feko kaam settlement kro
@aztoz_trips
@aztoz_trips Месяц назад
As a doctor myself, let me assure you that this trend of unemployment would, much sooner than later, be evident in Medicine too. Quacks are literally being fastracked or given an open clean chit. The sheer number of graduates passing out means doing a specialisation/super spec, would be a must. That takes on an average 10-12 years after your junior college. And to earn well either u have to be in the top of your field/ have a setup preplanned for u/ reservation etc. Don’t even get me started on the Depression/Suicide/Burnout rates /working hours:pay of physicians as compared to general population
@calculateyourworld6091
@calculateyourworld6091 Месяц назад
This is true. I am on late 20s and frustrated with my job. Want to save and come out of the trap, but early retirement planning is also tricky and a type of trap. As a lower middle class member, you may not reach the goal even if you are saving every single penny. At the end, you loose mental & physical health, and stuck in a loop.
@mygreenparadise431
@mygreenparadise431 Месяц назад
No its not true. The money u save evwn if it is small it gives u returns.
@perrytheplatypus199
@perrytheplatypus199 Месяц назад
Enjoy capitalism
@yahyatouray6866
@yahyatouray6866 Месяц назад
Try reading "Rich Dad, Poor Dad"
@perrytheplatypus199
@perrytheplatypus199 Месяц назад
@@yahyatouray6866 doesn't resolve the main issue
@perrytheplatypus199
@perrytheplatypus199 Месяц назад
@@yahyatouray6866 this is like closing your eyes when you experience real danger
@Karthik-ut3vo
@Karthik-ut3vo Месяц назад
We are prey to insurance companies due to this anxiety...
@preethisunderram1516
@preethisunderram1516 Месяц назад
Living longer is the biggest problem for seniors now. We live longer but the quality of life is not great in terms of relationships
@loveleenkaur2873
@loveleenkaur2873 Месяц назад
True
@andrewrivera4029
@andrewrivera4029 25 дней назад
The only problem with getting older is if you do not have options, the more options the more happy you’ll be.
@paragkale1159
@paragkale1159 Месяц назад
The best manner to avoid retirement anxiety is to avoid retirement and work till your last day. More than three thousand years ago the Isa Upanishad advised 'One should live for a hundred years doing work (karma).
@mandarbamane4268
@mandarbamane4268 Месяц назад
Yes, everyone like military, sportsperson, police & literally everyone else & reduce opportunities for youngsters
@paragkale1159
@paragkale1159 Месяц назад
@@mandarbamane4268 You seem to be under the impression that employment especially in government jobs is the only kind of work. But self-employed persons, professionals, hawkers, businessmen, farmers, daily workers and politicians are among the people who do not have a fixed retirement age and many continue till the last day of their lives. I am talking here only about paid work. As for young people there are many opportunities and open doors but they should avoid the bandwagon and be ready to take offbeat professions.
@harshadagashe
@harshadagashe Месяц назад
I just need 5-7 yrs to live. Not retire. To live. And then I am ready to turn off any time.
@satyamforever
@satyamforever Месяц назад
I echo that
@mohit5496
@mohit5496 Месяц назад
Country won't allow free slave to die. Euthinasia without cause is illegal.
@MrSatadal
@MrSatadal Месяц назад
You are ready doesn’t mean you will turn off. 😂😂 if life drags you to 85+ years, you are ruined.
@BarkaDog
@BarkaDog Месяц назад
⁠@@mohit5496 there are countries where it is legal. Thousands of people each year travel to those countries to get euthanized.
@FactsCountdown
@FactsCountdown Месяц назад
​@@mohit5496 yah corporates and government don't want to loose taxpayer and free slaves
@neerajsaxena
@neerajsaxena Месяц назад
Live to the fullest, enjoy every moment of your life, and don't worry because it will bring illness to you. Educate your kids well and teach them how to cope with the changing world.
@Notsosarcastic_02
@Notsosarcastic_02 Месяц назад
How can you live to the fullest when you are struggling even for food and clothing ? Let alone other essential commodities . Enjoying and happiness are two different things , you can be happy with nothing but only your family but you need money and time to enjoy .
@neerajsaxena
@neerajsaxena Месяц назад
@@Notsosarcastic_02 it's all a matter of the perspective, you will only get what you seek for. Strong belief can make the impossible possible.
@ShinichiKudoQatnip
@ShinichiKudoQatnip Месяц назад
​@@Notsosarcastic_02 Exactly
@ShinichiKudoQatnip
@ShinichiKudoQatnip Месяц назад
​@@neerajsaxena I think a lot of us will agree that this was viable to have as a perspective last decade or maybe the one before that, but in today's terms only the people born with a silver spoon and up can afford to have a perspective like that. Even monks are struggling these days.
@TheFourthWinchester
@TheFourthWinchester Месяц назад
@@ShinichiKudoQatnip Blame the insane taxation and refusal to see the real inflation.
@kaminitayulladil2198
@kaminitayulladil2198 Месяц назад
It's all true but sometimes things don't work out the way we plan just learn to live happily in all situation i feel easier said than done. 😊
@anitajog8751
@anitajog8751 Месяц назад
Learn to live a SIMPLE and happy life ....and teach the kids to cope with all the difficult situation that can comeup in life and tell them its normal and that LUCK also plays a very important part in everyones life...and its not all about our capability 🙂
@sakinastraveldiary4562
@sakinastraveldiary4562 Месяц назад
Learn to live with less - you won't need to hoard a lot for your future. Learn the art to enjoy more with less.
@JSRTales
@JSRTales Месяц назад
very difficult in this world where its becoming increasingly tough to even make enfds meet with high paying jobs 😢
@phoebusapollo4677
@phoebusapollo4677 Месяц назад
Excellent observation!
@Money88147
@Money88147 Месяц назад
very good phrase to put on internet. When you have family, every dollar or rupee counts. Human greed/corporate is so expensive that you cannot catch-up with each year passing.
@sumitlegendsk
@sumitlegendsk Месяц назад
Just go to Village and live carefree, also what will your children be for if you are taking good care of them , they will obviously help you My father does
@perrytheplatypus199
@perrytheplatypus199 Месяц назад
So you mean to say we need to cut down our basic necessities????
@noorgulzar8824
@noorgulzar8824 Месяц назад
I love the way she gave a brief conclusion that's always leave something in my mind to think next right away.
@Niranjan1983-nz7vl
@Niranjan1983-nz7vl Месяц назад
The past is history, the future is a mystery, and this moment is a gift. That is why this moment is called ‘the present’.
@spacpower
@spacpower Месяц назад
I suggest you also discuss about Currency Devaluation every 5-10 yrs and Inflation of Essential Goods and Services.. This is double whammy for Savings in Currency.. Indian Rupee has devalued close to 95% since past decade.. USD to INR was 45 in 2010 but is now 83.. Why Rupee didn't grow strong despite great performance and exports in India using power of digital transformation..
@balamuruganramanjulu1439
@balamuruganramanjulu1439 Месяц назад
Better not have kids. Enjoy life and go. The cost of housing, health care, education is sky rocketing.
@helloworld2054
@helloworld2054 Месяц назад
Now tell that to our society
@githvfyzhub
@githvfyzhub Месяц назад
Teach this to Muslims as they won't stop.
@Appika-io6hq
@Appika-io6hq Месяц назад
😂​@@githvfyzhub
@ss0498
@ss0498 Месяц назад
Yep, that is the only possible way to retire in this economy. And also life would have more meaning if we enjoyed it rather than working our ass off for someone else.
@bumblebee9337
@bumblebee9337 Месяц назад
Enjoy life while you're young. Growing old is not worth it.
@sew_gal7340
@sew_gal7340 Месяц назад
It depends, growing old is a privilege not many get to have
@RNIIVI1985
@RNIIVI1985 Месяц назад
​​@@sew_gal7340for sure for Indians... Happiness index is the proof...
@main_stream_media_is_a_joke
@main_stream_media_is_a_joke Месяц назад
This is exactly the sort of bs that is inserted into the minds of a teen....that results in the said teen "trying" to live life king/queen size......all on credit.... ultimately screwing that person's finances and making him a wage slave...and all the stress that brings in. A teen should learn to have low cost hobbies and savings should be high on his list of priorities...along with taking care of his health. Don't fall for the marketing pitch of "the best days are the days of the youth".....this is a pure pitch to make the youth spend. Take care of your finances and health and your life beyond 30 will be WAY better than your youth.
@Meteor-iz5jj
@Meteor-iz5jj Месяц назад
Privilege with demented mind n body aches 😂
@souravpaul2179
@souravpaul2179 Месяц назад
​@@Meteor-iz5jjnot necessarily
@asofotida443
@asofotida443 Месяц назад
Marriage .. rather divorce is another major reason for men losing a lot of money. Many smart guys are jist having relationships rather than marrying.
@rayyanabdulwajid7681
@rayyanabdulwajid7681 Месяц назад
Time to ask for a prenup
@asofotida443
@asofotida443 Месяц назад
@@rayyanabdulwajid7681 many times prenups are not honoured by the judge.
@FactsCountdown
@FactsCountdown Месяц назад
​@@rayyanabdulwajid7681 prenup are not valid in India
@LovelyPandey-wc1eh
@LovelyPandey-wc1eh Месяц назад
A solution to every problem is the best part of the video... An ensurance and A guidance to us
@sartajsingh6303
@sartajsingh6303 Месяц назад
I am happy that you have covered this, being a early Gen Z in late twenties, this is the topic in our minds
@Sickopuppie
@Sickopuppie Месяц назад
Gen-Z hasn't even worked but still thinking of retirement. 😂
@darkvader125
@darkvader125 Месяц назад
yeah
@alicemark5918
@alicemark5918 Месяц назад
Last year, I was working full time, budgeting groceries, unable to afford date nights, and missing time with my kids. Now I learned how to make money online. Now am a SAHM, homeschooling, and making profits every week.
@lukeben1596
@lukeben1596 Месяц назад
Everyone needs more than their salary to be financial stable. The best thing to do with your money is to invest it rightly, because money left for saving always end up used with no returns.
@cassiejacobs4197
@cassiejacobs4197 Месяц назад
Who is your financial coach, do you mind hooking me?
@NatalieDormer-or4jj
@NatalieDormer-or4jj Месяц назад
Am looking for something to venture into on a short term basis, I really need to create an alternate source of income, what do you think I should be buying?
@alicemark5918
@alicemark5918 Месяц назад
Cryptocurrency investment, but you will need a professional guide on that.
@alicemark5918
@alicemark5918 Месяц назад
Facebook 👇
@saragadamnagarjun8014
@saragadamnagarjun8014 Месяц назад
I think the basic is one health insurance, one term insurance and PF amount which is never touched till Retirement
@Family-un3rf
@Family-un3rf Месяц назад
Probably you never think about a job loss.
@GyaanIsSamadhan
@GyaanIsSamadhan Месяц назад
Very True , Your content and Delivery is Amazing !!
@tejaslokhande4785
@tejaslokhande4785 Месяц назад
I love how they select relevant topics and provide solution to them !
@axnyslie
@axnyslie Месяц назад
Gen-Z has anxiety about everything in life. They just need to grow up and toughen up.
@TransformEveryday-su2mn
@TransformEveryday-su2mn Месяц назад
Maybe this is because of too much information bombarded without control?
@sajid279
@sajid279 Месяц назад
Monopolies have caused new busineeses to fail and only job remains the source of income for common people... Govt work for the private companies not the citizens..
@thebrave354
@thebrave354 Месяц назад
People have also become lazy and corrupt instead of coming on to streets against this they've normalized the behavior of big business tycoons by doing nothing.
@sajid279
@sajid279 Месяц назад
@@thebrave354 Businesses need risking lot of money in the starting phase... And time To network and create costumers... Most people don't have that much money to risk and do business... laziness would not be the right word but the responsibilities and the situation...
@SathishSathish-dw8tw
@SathishSathish-dw8tw Месяц назад
If people working in private company get decent pension it will help to reduce 80 percent of anxiety in India. Even working after 25/30 years we get only couple of thousands as pension.
@seewanbundhoo7796
@seewanbundhoo7796 Месяц назад
Those who need the least remain rich
@thabomike5010
@thabomike5010 Месяц назад
I've been working for just about 3 years. I'm 26 and I'm already worrying about my retirement which I thought would be at 50 years old 😂😂
@Happysoul_3
@Happysoul_3 Месяц назад
Yes with the rising of personal finance.. it got us thinking are we investing enough for our retirement or not.
@careermining8404
@careermining8404 Месяц назад
And with rise rise of toxicity at work place. Everyone are bound to think of retirement
@niranjanmenan944
@niranjanmenan944 23 дня назад
Keep it simple... Switch off from social media... Live in the present... No need to think about the past or future...🎶 मैं जिंदगी का साथ निभाता चला गया🎶 हर फ़िक्र को धुवें में उडा...🎶 चला गया.. 🎶
@johnnyboyvan
@johnnyboyvan 19 дней назад
Why worry?? Inheritances are inevitable. Or a Universal Basic Income.
@bibianodsouza1757
@bibianodsouza1757 Месяц назад
Life Expentancy in India according to WHO website is 70years. This is the main reason why NRIs in USA, Canada, Australia, UK etc want to come to retire in India. They like the idea that you have to put down a deposit at the hospital, whatever your condition is, before the doctor can see you.
@andrewrivera4029
@andrewrivera4029 25 дней назад
You kids follow a simple plan, save 100 dollars a week, put it in a ROTH IRA or after tax account first up to the max allowable and invest in stocks. Then into a before tax account for the rest of it and do not look at it! What ever your paycheck is at the end of the week that’s what you live on and save to buy a house! Multi families are great way to get started, live in one unit/renovate it and rent out the others. Another unit becomes available move to that one renovate it, wash and repeat til the whole building is fixed up and you’re getting top dollar for each unit. By then you’ll have built up equity to get a second mortgage, rinse and repeat til you’re real estate in MAKING MONEY by then you’ll be married and can buy you first principal house and work your butt off, believe me the years will fly by so at 50’ish you can either retire comfortably or keep working it’s your choice. Always give yourself plenty of options and diversify your investments. I did it working a blue collar job for 30 years 50+ hr work weeks plus my rentals and retired at 53 1/2 years young riding mtn bike and hiking all over the USA…
@yog146
@yog146 Месяц назад
Food, Rent & child education would take up everything of your salary. You just hope the insurance company would take care of your hospital bills & won't betray. In my dads era, these expenses would not takeup even 5% of his salary & he could double the savings in 5yrs. Even when he had so less salary. We never felt the pinch. How i am supposed to save for retirement 😢 ?
@ss0498
@ss0498 Месяц назад
I am 100% sure that will have to work till I die, being born in the middle class with no ancestral property in India, what other options do we have ? the only way one can retire nowadays is to save up his entire life earnings without spending it on anything.
@ISmellMusky
@ISmellMusky Месяц назад
Gen-Z should START working in the first place before thinking about RETIREMENT!!
@ankitanandy6076
@ankitanandy6076 Месяц назад
We need plenty of money, but strong relationships are far more important to keep life and the will to stay alive going.
@justdoingitjim7095
@justdoingitjim7095 20 дней назад
In the U.S. only 45% of Americans will live to be 65 years old. That means our government isn't paying out SS to 55% of the people who paid into it. Yet, every time we turn around they tell us that SS is running out of money! How come they never tell us that welfare is running out of money? Social Security was pre-funded by the people who receive it. Welfare was not, yet it always has enough money!
@mamacryright5740
@mamacryright5740 Месяц назад
No, spend like no tomorrow , life is so short
@Family-un3rf
@Family-un3rf Месяц назад
Don't beg for money when you don't have. And live in the streets and tents when my family is living in a house and going in cars. You should have the same confidence when all goes out of control.
@drarunaj
@drarunaj Месяц назад
​@@Family-un3rfInvest in sectors where careless people spend.... Their spending translates to more returns for us.... So let them enjoy life to the max.
@FactsCountdown
@FactsCountdown Месяц назад
​​@@drarunaj what if you invest money for 15 years then before withdrawing your investment you died without enjoying anything.
@drarunaj
@drarunaj 28 дней назад
@@FactsCountdown Tell that to a person who is now past 60 who can't work like he used to be,who splurged all his money when he was young and is now homeless with no social security. Probability of living more is far greater. Investing doesn't mean one should be a miser.
@FactsCountdown
@FactsCountdown 28 дней назад
@@drarunaj life is unpredictable anything can happen, so some people live in the present and don't care about the future while other people sacrifice the present and invest for securing the future. In both cases we need to sacrifice either present or future.
@nirvanicsutra
@nirvanicsutra Месяц назад
These people having retirement dilemma that cause anxiety. I can understand as i connected to that vibe while watching. God bless all of them.😊😊😊
@sakshambhadoria9998
@sakshambhadoria9998 Месяц назад
Gen Z is disillusioned with the World ridden with wars, economic Inequality, climate change, polarised society, lack of educational and employment avenues and divisions turbocharged by social media. Societies are becoming divided by the day, the middle ground is shrinking, youngsters are feeling stifled with hyper competitive and materialistic atmosphere built around them right from childhood which is against the very tendency of human nature. Technological disruptions are wreaking havoc on their lives with virtual presence having a free pass to control our lives. Loneliness has tightened its grip with humanity in free fall driven by greed and egos. Families are breaking due to communication and generation gaps. The old elites don't want to hand over power, influence and decision making to the young because of scepticism of what they term as "incompetency and mediocrity". Combine all of them with bullying, harassment, frailing mental health and sexual abuse and it becomes a classic recipe for disaster where majority of the globe is condemned to suffering, helplessness and deprivation.
@saksham.18
@saksham.18 Месяц назад
The fundamentals are fucked up. Savings are not going to take you anywhere, investing is must for a peaceful retirement.
@StevenPhD4
@StevenPhD4 19 дней назад
Yet financial advisers always says “it’s never too late, you can catch up”…
@ksheshadri1167
@ksheshadri1167 Месяц назад
Frugality is the key. A rupee saved is much more than a rupee earned. Plus potential health benefits, leading to further savings in healthcare costs. Simple living and a yearning for meaning (that I will not define) - no substitute for these. I know I am giving my age away by my talk. Thank you Palki ma'am for another nice topic!
@BinuIJK
@BinuIJK Месяц назад
You said it.
@jesh-ik5qh
@jesh-ik5qh Месяц назад
Not a rupee saved but a rupee invested would be more appropriate 😉
@HellRaiZOR13
@HellRaiZOR13 Месяц назад
The only thing I will do at retirement age is go to some ashram or mountains and meditate there till the end of my life with other sages.
@siddharthsriram9698
@siddharthsriram9698 Месяц назад
Yeah I guess this has been around for most generations in the past too. Different times call for different challenges.
@meethunghosh1892
@meethunghosh1892 Месяц назад
*Start saving the day you start EARNING*
@noulafrantz8589
@noulafrantz8589 Месяц назад
No start a business
@balokisna
@balokisna Месяц назад
One Nation, One Price ( Rate of Goods) 🇪🇬
@parthibank2736
@parthibank2736 Месяц назад
The government should encourage savings by providing incentives. But the government of the day has almost all incentives for savings. Also they have put a cap on PF contributions.
@sunilamaranth5606
@sunilamaranth5606 Месяц назад
social media has made each one of us think like 'I know everything yet I know nothing'
@ligbzd837
@ligbzd837 Месяц назад
Family, friends, or relatives just do co-housing and that will cut your costs by at least 40%.
@rajib7278
@rajib7278 28 дней назад
Control your spending or you are doomed for sure. Saving can only happen when you spend on the things you require rather than you want. Greed is the culprit most of the time, not the time and circumstances.
@ashishkulshrestha4368
@ashishkulshrestha4368 Месяц назад
Before 2000 when liberalizations fruits started coming it was mainly govt jobs, agriculture and traditional jobs like artisans. Those with govt job got pension and those in agriculture can survive with land available. Now situation is that many many are employed in private sector with no pension and no job guarantee. Those who came in job market after 2000 will actually retire from 2035 onwards and than actual problems will come. Families with pvt job, single income and no legacy money will have to struggle.
@Zuheb786
@Zuheb786 Месяц назад
Agreed. Just like to add one more point : ppl in Govt jobs also don't have pension these days. Those who got jobs in Govt sector after 2005 are axed out of pension scheme.
@padmaoruganti9179
@padmaoruganti9179 Месяц назад
That's nothing, 5 cr minimum without home , with home 3 cr for a couple.
@salemo3099
@salemo3099 Месяц назад
depends who much u spend
@warriorx86
@warriorx86 Месяц назад
For men, they are one hospital or divorce away from loosing their life savings.
@junedshaikh967
@junedshaikh967 Месяц назад
3 cr for couple 😂😂😂 Kyo kaju ki roti banate hai kya budhape me log
@BinuIJK
@BinuIJK Месяц назад
​@@junedshaikh967😂
@msdadsfsx
@msdadsfsx Месяц назад
3 cr is nothing for couple, 1 serious illness and 40 lakh will go in hospital bills.. atleast 6 cr with 1 home
@vikasrai338
@vikasrai338 Месяц назад
You need to consider why people are living longer. They are well fed. So a lot of these worries should not be there.
@TravelConsumer
@TravelConsumer Месяц назад
I'm not interested in Enslaving for money, jobs suck, i try to be content creator, just need to improve ny looks and I'm good to go, doing what we love is meaning of life for me, when u die I will not regret
@amoghbakhle7944
@amoghbakhle7944 Месяц назад
saving is all good but if you can invest in a skill that you can acquire then go for it as it will exponentiate your growth
@samirbhalerao5579
@samirbhalerao5579 Месяц назад
I have seen young people who have hardly started earning but buy iPhone on EMI though their existing mobile is in good condition. Hope they improve their approach in future.
@virendragupta5818
@virendragupta5818 Месяц назад
It js not all gloom and doom . Both my daughters belong to gen Z ( younger ) and Millennial ( elder ) and are financially independent since age 17 . It is not how much you earn and save but how and where you invest your savings which secures your retirement . Both save a substantial part of their earnings from Salaries in long term retirement growth funds which are locked in for upto age 65 when their superannuation also kicks in . Both have no plans to retire at 65 like their parents who would be working well after 65 to maintain the same high standard of living which we all enjoyed since their birth .
@LeapHulk
@LeapHulk Месяц назад
Control your desire to accumulate more materials...
@sankarasubramanianjanakira7493
@sankarasubramanianjanakira7493 Месяц назад
Is there a retirement anxiety for the labour force / daily wage earners all over the world - india 80 cr on that line.
@padmaanand4027
@padmaanand4027 24 дня назад
THERE IS NOTHING TO WORRY AT ALL, PROVIDED ONE KNOWS THE SECRET OF LIFE.
@visionNventures
@visionNventures Месяц назад
Well, I don't think Indian 'Old parents relying on their child' is the best plan. Well, nothing can beat inflation like this.
@firstpostcommenter8078
@firstpostcommenter8078 Месяц назад
Let's have kids only in rare cases
@githvfyzhub
@githvfyzhub Месяц назад
Only if you have that much corpus to educate them.
@FactsCountdown
@FactsCountdown Месяц назад
No don't create slaves for the government and the rich.
@kunal28101980
@kunal28101980 28 дней назад
I question the data that says people are living longer. The data suggest we are living longer is because infants mortality is reducing, not because adults population is living longer.
@charmaine8512
@charmaine8512 29 дней назад
Save and you are likely not to live beyond 50 and if there is no one to pass your assets to, the Govt will be the benificiary.
@NitishYadav-lb7zc
@NitishYadav-lb7zc Месяц назад
We will have to go off grid
@lominiski
@lominiski Месяц назад
Most Americans will have no government retirement money available.
@ap5861
@ap5861 Месяц назад
Howmuch you earn does not matter,when one hospital bill can make you homeless...
@Shubham7C
@Shubham7C Месяц назад
Start living in the present and don't worry about the future. Everything will be fine.
@mhermit
@mhermit 19 дней назад
I'm new to this presenter. She's awesome.
@karthikramki
@karthikramki Месяц назад
Focus on health and have a minimalistic lifestyle
@aryanronny9176
@aryanronny9176 Месяц назад
Glad I’m not alone
@abhi9029
@abhi9029 Месяц назад
I am only worried if government shut down the stock market. Forex market gets banned. Or government banned people from entering into stock market.
@user-nv8qm9vf9f
@user-nv8qm9vf9f Месяц назад
control what you can
@sonusuresh6642
@sonusuresh6642 26 дней назад
All of our problems will solve itself if we go back in time 10 years, when the internet was slow and buffering
@udayudaymohan724
@udayudaymohan724 Месяц назад
Maam I wish you could talk about the job crisis in india . And how companies have not given joining dates to freshers for more than a yead even after interviews and LOI . They we can not speak cause they may red list us , the numbers are in thousands. Please do look into this
@thewhatorwhy
@thewhatorwhy Месяц назад
You're asking the wrong person. She has a job guarantee from the Modi govt.
@MrSatadal
@MrSatadal Месяц назад
She is BJP person.
@BinuIJK
@BinuIJK Месяц назад
​@@MrSatadalLol! Madrassacoolies at work!
@BinuIJK
@BinuIJK Месяц назад
​@@thewhatorwhyAny proof?
@BinuIJK
@BinuIJK Месяц назад
Job crisis? Get self employed! Open a fast food cart, make vadapav and sell beside the road!
@yongchen8204
@yongchen8204 Месяц назад
anxiety and neverous with their retirement, this generation just start their adulthood to earn a living. retirement for them is many decades away!
@dr.Curiouss
@dr.Curiouss Месяц назад
"One man's food is another man's poison" Some people having luxuries all their life when many hard working people are worried about retirement. Cruel world 😔
@infinitebeing1119
@infinitebeing1119 Месяц назад
Madness of economics.
@eespn4764
@eespn4764 Месяц назад
Tell me if they even hit 50s😢😢 war coming, water shortage, climate rapid change, famines 😢
@blackmantravel6954
@blackmantravel6954 Месяц назад
As An American I plan on moving to a cheaper country like Indonesia for retirement.
@paulinenathania199
@paulinenathania199 Месяц назад
Don't make housing prices more expensive because dollar please. Here is already expensive for us in 20s
@prasb
@prasb 22 дня назад
But you won't be able to exercise you 1st and 2nd amendment in some third world like Indonesia.
@yfhello
@yfhello Месяц назад
young people dont need retirement planning because in any case we are dying below 40 it has now become very common
@sk_tv99
@sk_tv99 Месяц назад
Instead of a long life I would prefer a short life
@coldram1111
@coldram1111 Месяц назад
Instead of having only stash of retirement savings there should be a fixed income part in retirement income. Retirement income = savings + fixed monthly income.
@parthibank2736
@parthibank2736 Месяц назад
If there is a job There will be retirement Where is the job Most guys seems to be getting out of existing job very early or they are being sent home. What next is the question.
@infinitebeing1119
@infinitebeing1119 Месяц назад
Many jobs are there for name sake and don't even give life satisfaction.
@SulaymanMohamed-tz2eg
@SulaymanMohamed-tz2eg Месяц назад
Vantage with Palki Sharma-All -Episodes By Firstpost..Vantage
@vishishtsaxena4488
@vishishtsaxena4488 Месяц назад
We here in India not getting a job, how would we be able to save anything from Zero Income....😢
@desislowed_songs
@desislowed_songs 28 дней назад
Whats you age bro? We can start startup
@vishishtsaxena4488
@vishishtsaxena4488 26 дней назад
@@desislowed_songs sure, I'm Btech graduate and you??
@desislowed_songs
@desislowed_songs 25 дней назад
@@vishishtsaxena4488 still no job?. I'm metch
@vishishtsaxena4488
@vishishtsaxena4488 25 дней назад
@@desislowed_songs I did got, but company revoked job offers of all the candidates. And yours...??
@desislowed_songs
@desislowed_songs 25 дней назад
@@vishishtsaxena4488 can I know package ?. I'm in good placement. But planning to business
@dinesh4658
@dinesh4658 Месяц назад
They feel born to enjoy, some of their parents did all hard work and some other did corruption to acheive this level.
@shekar9237
@shekar9237 Месяц назад
She is the best
@bandoiler
@bandoiler Месяц назад
cut down on ur expections and make smart decisions. wont have retirement worries.
@ShivaniSuri-fs5tz
@ShivaniSuri-fs5tz Месяц назад
nice video sir but app planet ayurveda ki bramhi vati le skte ho good for your anxiety regarding any issue
@docrex1678
@docrex1678 Месяц назад
Gen Z complain about everything and are anxious about everything.... what's new?
@01.ashutosh
@01.ashutosh Месяц назад
1.4 m in usa is nothing, minimum should be $4-5 mil
@kunalvarshney9927
@kunalvarshney9927 Месяц назад
Forget retirement, Gen z is in depression
@robbenvanpersie1562
@robbenvanpersie1562 Месяц назад
Not all
@mathanginageswar9470
@mathanginageswar9470 Месяц назад
Seriously overanalysing life. Spend less n save more is old motto .. move to spiritual life
@manojsuri9859
@manojsuri9859 Месяц назад
She only tells the problem..never the solutions.
@thebrave354
@thebrave354 Месяц назад
That's her job to make people worry she has no solution
@FactsCountdown
@FactsCountdown Месяц назад
Stop having kids and stop creating same problems again and again.
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