People not retiring is actually a huge problem for younger generations. Jobs get locked up on old retirees that should have left the workforce and it becomes a shortage of work for the young professionals trying to get into a full time position.
This is bad advice regardless of how you look at it.
Personally, I won’t be retiring. Not because of the shareholders, and not because I have some insane work ethic. Simply put, I can’t afford it, and the way things are going, it’s entirely possible I never will. Stagnant wages, out of control inflation, shrinkflation, and other inflation-type things… No ability to save any significant money, etc etc.
The only thing I have going for me is that me and my brother bought a house together, which should be paid off in full by the time I hit 65 or so. If that stays on track, then I won’t have rent/mortgage to pay, and the relief that will bring to my finances might be enough for me to retire on the meager income of my social assistance pension… With inflation the way it is though, I expect that pension will not be enough to pay for everything I need (property taxes, heat, power, etc for the house, plus groceries, car, etc for myself). So I’ll be working until they find me dead at my keyboard during lunch break.