These Countries Are Working Their Millennial Populations to Death

These Countries Are Working Their Millennial Populations to Death

New research is breathing life into the adage "worked to death." 

According to a study by the Manpower Group, millennials around the world are thinking differently about retirement — that is, they won't do it all. In the United States, 12% of millennials — people between the ages of 18 and 35 — don't plan on ever retiring. In other countries, that percentage is much higher.

In Japan, a staggering 37% of millennials in the workforce say they will likely work until the day they die. For China and Greece, a respective 18% and 15% of millennials say retiring just isn't in the cards for them.

Canada, India and Singapore also clock in ahead of the U.S., with 14% of their millennial populations saying they'll work until death. 

The report also notes that although millennials are widely regarded as a pack of lazy narcissists, the data shows that young Americans are working harder than any of the generations that came before them, with 83% reportedly working over 40 hours a week, and 23% working over 50 hours

Cameron Huddleston, a columnist for GoBankingRates, told Bloomberg that there are significant obstacles that might deter Americans from retiring.

"Credit card debt, student loan debt, low wages, the need to save for a child's college education, and the list goes on," Huddleston said. "Although all of these things can put a strain on our budgets, they don't necessarily make it impossible to save for retirement."

Student debt, in particular, poses a daunting challenge to the youngest members of America's workforce: Seventy percent of the class of 2016 just graduated with an average of $37,000 worth of loans — the largest amount of any class in U.S. history.

Read more: Surprise! This Year's Graduating Class Is the Most Indebted in History — Again