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Isn't this more about letting people who want to keep working do that? What's stopping people in Sweden and Denmark from retiring earlier? I would imagine ther
by YZF 1y ago
Isn't this more about letting people who want to keep working do that? What's stopping people in Sweden and Denmark from retiring earlier? I would imagine there are some pensions plan withdrawal requirements or criteria for government assistance but can't you just save money to bridge that gap?
Maybe we need to start thinking about these things differently. I would love to have more time off but still have a job and not need to make this so binary.
- prawn 1y agoCan't speak for those countries in particular, but generally you can work past retirement age, or retire earlier if you have funded/planned for that. A retirement age is usually just the point at which you can receive government assistance as part of a safety net. I assume if it's not pegged to life expectancy, the cost to the public grows. Here in Australia, and I imagine elsewhere, there are strong systems (e.g., superannuation) to encourage personal savings towards retirement.
- SoftTalker 1y agoIt’s not as easy to save individually when you’re also taxed heavily.