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> Retiring at 60 would pose financial challenges for many people in the US. Which is frankly insane too. It's not like the wealthiest nation on Earth couldn't

• brookside 7y ago
  USA is the 10th wealthiest nation per capita.
• nradov 7y ago
  Have you actually run the numbers? We could support an earlier retirement age but it would require a major reduction in living standards and higher taxes for everyone else. There's nothing insane about opposing that.
  • barking 7y ago
    Too much defence spending perhaps?
  • js8 7y ago
    This is a complicated can of worms... In the past, it was certainly possible to have high living standards economies and relatively low retirement age. I don't think, even if you take longer age into account, that people are such a big spenders that it would be impossible to replicate today. There is a theory that lot of (especially service and high-pay) jobs are actually bullshit, and detract rather than add social value. So if people retire these jobs sooner, living standards might actually increase for everybody.