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Refers to 2019 Pew poll which says: "... a large majority of adults think that, in 30 years, most Americans will work into their 70s in order to have enough re
by jeffbee 3y ago
Refers to 2019 Pew poll which says:
"... a large majority of adults think that, in 30 years, most Americans will work into their 70s in order to have enough resources to retire. About a third of adults (34%) say this will definitely happen, and an additional 50% say this will probably happen."
- theodric 3y agoGiven that my pension age has already gone from 65 to 68 in the last 18 years, and I have another 27 years of work ahead, I'd say the trend line easily points to a mandated pension age over 70. It's not even a stretch.
- jeffbee 3y agoThe poll is about Social Security mainly, and Social Security was supposed to be insurance for the people unfortunate enough to outlive employment. It was specifically designed to kick in at your expiration date.
- jewayne 3y agoWhether you outlive employment depends very much on what kind of employment you have. People with very physical jobs often have their bodies give out well before official "retirement" age. I have a theory that one of the reason infrastructure projects in the US cost so much is that the unions make sure every big project has a few do-nothing jobs for the old guys who can't really work anymore, because our actual safety net is so godawful.