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The "system" would fall apart if people didn't work for at least half their lives, true, but it is absolutely not true that we need people to work until they're
by tredre3 1y ago
The "system" would fall apart if people didn't work for at least half their lives, true, but it is absolutely not true that we need people to work until they're 70.
- dralley 1y agoNot with current population growth curves being what they are.
- broken-kebab 1y agoYes, Western societies are coming to rude awakening: birthrate matters for everyone. Social support for elderly cannot be built on pension funds when there's not enough young hands in economy
- FranzFerdiNaN 1y agoPlanned immigration can easily solve this. But we rather crash and burn and work till we are 70+ than let “those people” in.
- account42 1y agoIn practice, immigration adds a lot of welfare receivers so ends up doing the opposite. It's not a coincidence that we are seeing supposed multiple advanced civilization talking about increasing the retirement age at a time of unprecedented levels of immigration.
- incompatible 1y agoI haven't worked for a long time. If others were like me, I suppose the system that exists now would fall apart, but really, I don't consume a lot.
- SoftTalker 1y agoRight, but you need food every day and shelter and clothes. Someone’s paying for that, if not you yourself.
- nradov 1y agoIf not 70 then what should the retirement age be? Please show your work.
- bdangubic 1y agofind me a 69-year old that you want as your co-worker… I’ll wait… :)
- nradov 1y agoWhat a weird comment. I've had several co-workers in that age range. They were fine. What's your point? And what does that have to do with the financial realities of limited government budgets?
- antisthenes 1y agoWell, what is half their lives anyway? Let's say you live to 80, half your life is 40 years. You only start working a decent job around ~22 years (4 year college degree). 22+40 = 62, pretty close to 70 already. Assuming some people die early, so others have to pick up the slack, some people work part time, etc. and you end up pretty damn close to 70.