• Bevan StephensBevan Stephens, over 3 years ago

    To clarify, I'm not proud of the fact that I don't have a plan, I was just being honest about my situation. I should really have a savings plan in place, maybe my sons will take care of me :-)

    I am in a position of some privilege, I live in a country that has a public healthcare service, but I probably don't stand to inherit much from my parents and I doubt state pensions will exist when I am that age.

    I think it's a bit much to state that people will have a bad time without an "exit strategy". Obviously we will need to be flexible to change as the industry changes, who knows what skill set will be the most valuable over the next few decades.

    But it seems like you're saying: older people aren't suited to work in our industry. Which I don't agree with, there are fewer older people in the tech industry right now, because it has risen up quite quickly, but as our workforce ages, will will find ourselves with a higher proportion of older workers, which I'm hoping have a positive effect on what we create.

    6 points
    • Mike Wilson, over 3 years ago

      there are fewer older people in the tech industry right now, because it has risen up quite quickly

      So you think the progression of technology is going to start slowing down? That goes contrary to everything we know.

      People have this false idea that the world pre-internet and post-internet was some big dividing line...and it was just a bunch of "lazy" people who couldn't make the jump. But the tech industry has always been there, making progress and steadily changing every year (in design think of the changes from metal typesetting > phototypesetting > desktop publishing > websites > skeuomorphic interactive web apps > flat design mobile apps > ??). And the rate at which this is happening is increasing.

      It's cognitive dissonance to think, "Sure, I don't work with any old people now, but everything will be different when I'm older! I'm special and will be able to keep up, unlike my lazy grandparents!"

      Personally, I'm investing a large portion of my income as I don't want to place of the burden of supporting me on my children or other people. In the tech industry, we make more money than most people do. My feeling is, to not save and invest given that, is foolish.

      -2 points
    • Nick ClementNick Clement, over 3 years ago

      Man, one should really be maximising benefits from contracting as much as possible. To not use tax breaks as part of a pension is lunacy.

      1 point