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"Raising and enforcing taxes on the rich" or "destroying the middle class, work them to death and make them cheer about it.". That's definitely a choice many countries are making right now.
All of them, it seems like. Not all at the same speed, but still.
So this rise for Denmark does not kick in on people born before 1970, so it does not count for baby boomers or the oldest and usually wealthiest sub set of Gen X. Oh, also Danish politicians can still retire at 60 right?
This is fairly typical with these age rises, applies to everybody BUT the largest group who have caused all the problem by being the largest group and who often haven't paid their fair share in a lot of schemes as a lot of state pension schemes are a Ponzi scheme rather than an actual investment fund, including the Danes as its paid directly out of taxation.
This means all the poor fucks who will now retire later will still be paying for that largest ever group to retire at an earlier age.
What is particularly insidious with this type of change is that the private pension age has also been raised for people in the UK. This means even if you can afford to you cant take it as early as you once could. Absolutely done because they will be means testing the UK state pension at some point.
I generally think all politicians should be forced to retire from political work by at most 60yo.
I am a teacher and I could not imagine staying in a classroom for another 7 years. I barely made it to 63. My retirement begins next week. I just hope 50k a year is enough. That was my goal and when I it it I said I am done.
Congrats on retirement! What are you planning on doing with your newfound freedom?
Well I was going to go out west for a month but I don't feel it is worth the hassle of putting up with the possibility of dealing with ICE. While I am a pale white old fucker my wife is not.
I don't think the shithead oligarchs who barely work a week outta the year should get to tell the working class how long they are forced to work.
And where do you expect them to work? No one is going to hire a 70 year old! (Except the US, bonus if they're a rapist and felon)
This is getting ridiculous...
Work all your life to feed the pyramid pension scheme and when you finally retire, you're too old to do anything meaningful with your life.
Simple. They want more people to die before being able to claim retirement. Dead pensioners are free.
I think the average lifespan in America is 67.
People would be truly working until death, there.
in this thread: Americans who have absolutely no idea what society looks like in Denmark. Or anywhere outside of the US actually.
Most Europeans have a poor understanding of what the USA looks like as well... Turns out that most people have no idea what most of the rest of the world looks like! This could even mean inside of their own country! The USA is quite large and very much varied.
For the topic of this thread in particular I see a lack of knowledge that the average lifespan in the US is a full four years shorter than in other comparable countries.
https://www.healthsystemtracker.org/chart-collection/u-s-life-expectancy-compare-countries/
And then come the robots and AI, and there are no jobs anymore. Then they have a problem with too much unemployment.
Not to mention the consumer base that makes this all function collapses.
Part of it makes sense. We live longer and longer, retirement age is something that needs to be adjusted with the human lifespan.
The problem is that our idea of what "work" should be is so awful that people look forward to retiring, and logically complain if they are denied the opportunity.
If our Quality of life is increasing shouldn't we be working less and for shorter periods of our lives?
You’ve seen a lot of oldies that are in working order after 60+? 70+? They are exceptions, not the norm. Longer isn’t healthier. Not on a functional level. Especially for those not in an office which is I think the majority.
We live longer and longer, retirement age is something that needs to be adjusted with the human lifespan.
Should it? We live longer and longer, but we're also more and more productive. 50 years ago, for example, the national labor force produced enough for them and (almost) everyone else to retire after about 40 years of labor. Certainly lifespans have increased, but have they increased more than the productivity of the national labor force? I doubt it. Productivity has definitely increased enough to make up the difference in lifespans, especially since most women now work, meaning essentially double the number of workers. In that case, should we not spend the extra time (which we have earned with our own labor) with our families and friends rather than sacrifice it to some rich prick whose only contribution to society is a portfolio? There's something distinctly dystopian about the idea that living longer means we should dedicate our time to enriching the already filthy rich rather than enjoy life.
Ah, yes, the old argument of "you live longer, so the billionaires get to own more of your time".
No. How about if I get to live longer, I get to enjoy my tiny little bit of time longer? It isn't scarcity by nature - it's scarcity by design.
Why do only the "later" generations get shafted though?
Cod e the people passing the law are probably in the earlier generations... They don't want to fuck themselves over
I have very little confidence I'll get a retirement. Even though I'm contributing to the Canada Pension Plan, I'm so far away that by the time I get there I have serious doubts the program will still exist. There is obviously calculations they make to determine the health of the fund, but I don't think they are properly taking into account how much extra strain extended life expectancies will take on the program. If they plan for people to be on retirement for an average of 15 years, and suddenly that changes to 20 or 25 years, that fund will dry up quick. Combine that with the influx of boomer retirees and to me it doesn't look so good.
It doesnt apply to politicians though....