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I don’t see how raising the retirement age would solve anything (except making the early retirement deduction higher, if that’s a thing where you are). Just bec
by fuzzy2 4y ago
I don’t see how raising the retirement age would solve anything (except making the early retirement deduction higher, if that’s a thing where you are). Just because people live longer doesn’t mean they’re fit to work longer. Or could even find work in the first place.
- wahern 4y ago> Just because people live longer doesn’t mean they’re fit to work longer. That's true as a matter of logic, independent on any other information. But we have other information, at least in the U.S., and that information is that the percentage of people 65+ working has more than doubled since 1985, a trend that seems to be quite steady through the decades. Moreover, there's a trend of people 65+ individually working more hours. Even if these trends magically stopped today, the fact remains that there are substantial fiscal improvements that could be had by restoring the status quo ante regarding actual retirement age in practice and legal qualifications for retirement benefits. Sources: https://www.aarp.org/work/employers/americans-working-past-65/ https://www.aarp.org/work/employers/americans-working-past-6..., https://www.pewresearch.org/fact-tank/2016/06/20/more-older-americans-are-working-and-working-more-than-they-used-to/ https://www.pewresearch.org/fact-tank/2016/06/20/more-older-..., https://data.census.gov/cedsci/table?q=s2301&tid=ACSST1Y2010.S2301 https://data.census.gov/cedsci/table?q=s2301&tid=ACSST1Y2010...