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The scheme of there being a retirement age when you get older relies on there being a lot more young than old people. If, hypothetically, there were a 50/50 spl
by trealira 3y ago
The scheme of there being a retirement age when you get older relies on there being a lot more young than old people. If, hypothetically, there were a 50/50 split between the retired and the working, the living standards of the working would decline and working aged people wouldn't themselves be able to retire at the same age as those before them. They'd probably resent the old retired people and the previous generations for both having no children and retiring, leaving them to deal with the worsening living conditions.
- rufus_foreman 3y ago>> The scheme of there being a retirement age when you get older relies on there being a lot more young than old people No it doesn't. Young people need to be taken care of also. If there are fewer young people needing infant care, daycare, then education, that frees up resources that can take care of old people instead of taking care of young people. Today young people who go to college aren't productive for almost a quarter century. Average length of retirement is 18 years.