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Gen Z is having "midlife crisis"
(www.newsweek.com)
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Despite our ridiculously unhealthy typical lifestyle, I'm pretty sure most of that decrease is still coming off the front-end (worsening infant mortality rates), not the back-end (adults not living as far into old age).
It is now, for people who have some form of income into old age. When all the pensions are milked dry and social security and Medicare are on the chopping block, longevity will go along with it.