Absolutely going in the wrong direction.
I wish more countries would riot like France over increasing retirement ages.
this post was submitted on 22 May 2025
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I will only accept an increase in retirement age IF IT ALSO APPLIES TO POLITICIANS.
...looks at the US's gerontocracy...dude...no.
I want to retire some day. I want politicians who share that value.
All elected positions should have an age limit. If you are over the median life expectancy of the populace, you are not eligible to begin a new term.
Why would this have anything to do with the US?
Look at Nancy Pelosi, tramp, Biden, turtle Mitch, even Bernie...they are all above 70, tons of dudes above 80 and even 90 in congress and the senate. I don't want that for anyone.
This is /c/Europe and it's about Denmark. The US is on the other side of the world.
The point is that political systems are full of old people and you're saying they should be forced to stay there even longer to "teach them a lesson", which is just laughable. So I gave you the most flagrant example of a gerontocracy to display how that is a stupid idea.
My point is that politicians wouldn't be increasing the age if it also meant that they would be working longer. So that should be the rule and they'll lower it to something normal very fast.
No, they won't, as you can see, they like being politicians and keeping their power well into their 90s, it's not a factory job. The only defense of that is that they represent (badly) older populations of retirees from shit jobs.
There's a lot of politicians that retire way sooner. It was a thing that was discussed when they raised the retirement age in my European country.
We should just abolish pensions.
Every month the government takes money out of my paycheck to supposedly pay for my pension. Every month my employer puts money into a mandatory pension scheme.
My expected pension age according to a government website is 68 years and 6 months. By the time I reach that age it will probably have been raised to 70+.
My parents died at 72 and 70. I will never see once cent of the money taken from me during all those year working. Pensions are a scam, letβs acknowledge that fact and just get rid of them. pay out that money every month so I can enjoy it instead of saving for something that will never happen.
I'm not sure here. Current life expectancy here in Germany is 78 for men and 83 for women. You can start your work life at 16 after 10 years of school and will do a 2-3 year appenticeship and if you retire at 67 and work without any breaks, unemployment, children and so on, you have 51 years in the workforce. Most people will have fewer, might do additional schooling and start their work life after university sometimes in their mid-twenties.
But even if we take those 51 years: A women will spend 16 + (83-67) = 32 years of their lifes outside the workforce. Even if you count out the time as child, those 16 years of retirement are 31% of your time spent working. If you want to keep your life standard, you somehow have to save up.
if you retire at 67
But you wonβt.
By the time Iβm 67, the retirement age will be 75, by the time Iβm 75, the retirement age will be 80. The whole thing is a scam. The boomers get to enjoy retirement and they have us pay for it which is why they keep dangling that carrot in front of us, but realistically it will never happen for my generation or anyone after. Due to advances in medicine people get older and older, while costs keep rising. Itβs simply not sustainable anymore to have that large a part of the population not working while simultaneously costing a lot of money in care.
Pensions in theory are nice, because it guarantees you a certain quality of life after you retired. Also since most of the time there is a minimum pension its good for people that had to stay home raising kids and not having an income to pay for their pension in that time. Otherwise the people not owning property at that age would become homeless since the rent keeps going up and is just not affordable anymore.
Nobody the age of 65 can or should be required to perform hard physical work.
My mom is 62 this year and will retire at 64, she works in an office doing administrative things and she herself tells me she just cant keep up with new tool, technology etc. even ui changes are hard for her. Now imagine this at the age of 70, how productive can anyone really be?
You are not... our senior chef, who refuses to retire at age 79, is a real pain in the ass for everyone. He doesn't know how to handle modern ERP Systems, he is nearly deaf, i have to buy really big monitors so he can see something at least... It doesn't make any sense to let people work that long.
Pensions in theory are nice, because it guarantees you a certain quality of life after you retired.
Yeah, thatβs the scam. They say you will get some income after retiring, what they fail to tell you is that they will never allow you to retire. The retirement age will keep getting pushed back. The truth is that you will have to work till the day you die.
Denmark is set to have the highest retirement age in Europe after its parliament adopted a law raising it to 70 by 2040.
Since 2006, Denmark has tied the official retirement age to life expectancy and has revised it every five years. It is currently 67 but will rise to 68 in 2030 and to 69 in 2035.
The retirement age at 70 will apply to all people born after 31 December 1970.
Saved you a click.
Much obliged!
Retirement pension maximum ceilling, fiscal reform to tax companies profits, raise minimum pension to equal minimum wage, incentivize savings. Oh, and tax people accordingly to their income.
we need more robots!!!
No. Robots bad. I want to work my shitty job ten hours a day for the next 30 years until my body is broken and all I want is death.
But no robot is known that has reached that age either.
/s