ok boomer This may seem fine on the micro level -- an individual working into their 70s, but is a disaster at the macro level -- a significant part of a workfo

ok boomer This may seem fine on the micro level -- an individual working into their 70s, but is a disaster at the macro level -- a significant part of a workforce suddenly in their 80s. Senior workers tend to hold senior positions. A 65-er retiring frees a slot for someone in their 40s to move up, which frees a slot for someone in their 20s to take their prior role. Fewer retirements slow advancement for the rest of the workforce and drives out younger workers with skill to seek their fortunes elsewhere. When that cadre of octogenarians finally starts dropping, the organization will be rushing to fill senior roles with mid-level employees, leaving a big gap to fill for the middle and entry levels.