Retireeism

Retireeism is a term sometimes used to describe the perceived or actual negative impacts that an aging population and a growing number of retirees can have on society. This can encompass a range of concerns, including economic pressures, workforce dynamics, and social service demands. Economically, a larger retiree population can mean a higher proportion of individuals drawing on pensions and social security, potentially straining government budgets and necessitating tax adjustments for the working population. This demographic shift can also influence consumer markets, with a greater demand for goods and services catering to older adults.

In terms of workforce dynamics, a significant number of retirements can lead to a loss of experienced workers and institutional knowledge, potentially creating skill gaps. This can also affect the opportunities for younger generations entering the workforce. Socially, an increased elderly population may place greater demands on healthcare systems and social care services. The term can also, at times, carry a pejorative connotation, implying that retirees are a burden rather than a valued segment of society contributing through experience, volunteerism, or continued economic activity. It is important to note that "retireeism" is not a formally recognized academic or sociological term and is primarily used in informal discussions or opinion pieces. Discussions around this topic often highlight the need for proactive planning regarding retirement demographics, economic sustainability, and intergenerational equity.