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Nothing magical, because when people age they become less healthy and able to work/contribute - it is only ethical to offer them the last ~10-20 years of their
by mgh2 5y ago
Nothing magical, because when people age they become less healthy and able to work/contribute - it is only ethical to offer them the last ~10-20 years of their lives as reward for their hard work. The average age of death in the US is 78
And who pays for the benefits the elderly (or as a matter of fact, the whole society) enjoys? Amenities, welfare, health insurance, etc. - taxpayers, exactly the demographic (before 65 - healthy & able-bodied) FIRE is encouraging to stop working, thus avoid paying income taxes.
- gruez 5y ago>FIRE is encouraging to stop working, thus avoid paying income taxe Are you also against people being frugal because that causes them to pay less sales taxes?
- mgh2 5y agoNope, frugality is a virtue. FIRE is only half-truth “Industry, thrift and self-control are not sought because they create wealth, but because they create character.” - Calvin Coolidge