how people think that with life expencanty increasing they could retire earlier and work less

Shame, that people think they could have the same as all western generations since the beginning of industrialization 😅

Yeah, of course. Productivity still rises across the board. To merely sustain our wealth, we all could work less and retire earlier, but alas, that does not work if the productivity gains get gobbled up solely by the owners ¯\_(ツ)_/¯