> Still, this rate merits carefully watching in coming months; a continued decline may signal a deeper change in the behavior of workers in this critical age group.

I know I'm speaking from a rather (somewhat) privileged position. I myself don't consider working beyond 50 years of age. I have lived frugally/minimally and am confident that (unless WW3 happens or some sort of unexpected global catastrophe arrives) I can FIRE (retire frugally with my savings) before I hit 50.

I also know it's somewhat of a bubble, but Reddit has a lot of subreddits (like r/HENRYfinance/; r/Fire/; and r/coastFIRE/) dedicated for folks retiring early.

Observing that FIRE trend and the fact that AI psychosis (don't get me wrong, I believe AI is useful, but not to a level that humans will be entirely replaced) at work place will surely drive some folks away (or at least discourage them) from staying in the work force, I am not surprised that this trend is showing up in the data. Plus, a lot of millennials are child free (by choice), so they can afford to retire early as well.

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glimshe an hour ago | parent [-]

I bailed out at 50 while fully employed and making a ton of money in big tech - I was not laid off, I simply let my manager know, found a replacement and walked away. I have kids but I saved enough for healthcare, housing etc. I worked my ass off and lived very frugally to get here. Yes, I would be screwed if WW3 comes along, but who wouldn't? That comfy Big Tech job would vanish pretty quickly too.

I have no desire to keep working for random "Mikes" and "Bobs" in upper management that only care about their bonuses and stocks. Not in Big Tech, not in random startups, not anywhere else. "Mike wants this", "Bob wants that"... Gosh, I couldn't care less about their "direction"!

My days are now full of self-imposed challenges and interesting projects. Am I in the labor force? I guess so, but I'm working for me and humanity now.

Time is the most precious asset we all have, folks.

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ryandrake an hour ago | parent [-]

I salute you!

I just turned 50, but I never feel I can pull the trigger. The only thing really keeping me from doing it is the cost of health insurance. I've got 15 years before I can get on Medicaid, and 15 years of privately purchased health insurance for the family is just not do-able.

	▲	glimshe 9 minutes ago \| parent [-]
		Thank you! Health Insurance is certainly the big one. It took me a while to save for that. There are some ways explained by the FIRE community to reduce the amount you pay through the subsidies, but these could vanish at any time so you have to prepared for that.