Nowadays, the cost of living is actually very high, and most people's pensions are actually not that high, especially in the rural areas after 60, they still have to earn money to support their families. Even if I retire, I will find an easy job like security to make money to subsidize my life.
Life is relatively rich and perfect now, so if you retire after 1960, as long as you have some savings and some pensions, you will still have a relatively comfortable life. At least you can go to the square dance at night and develop your young people's hobbies. However, most people are probably helping their children buy a house and look after them. After all, although the post-60s will reach retirement age, they can't really put everything down to do their own thing, and everything is still family and children.