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1 posted on 03/10/2006 9:05:51 AM PST by presidio9
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To: presidio9

It will go back up.


2 posted on 03/10/2006 9:09:24 AM PST by norraad ("What light!">Blues Brothers)
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To: qam1

ping


3 posted on 03/10/2006 9:09:42 AM PST by misterrob (Islam is a hate crime)
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To: presidio9
>>>Senior citizens are leaving the labor force sooner than they did 50 years ago,

Yeah, but we still DEMAND full Social Security. Somewhere the mathematics has got to fail. Somewhere our socialistic ponzi scheme will have too many people on the top of the pyramid, but too few people on the top.
4 posted on 03/10/2006 9:09:50 AM PST by .cnI redruM (We need to banish euphemisms. Period. In fact, we need to employ hyperbole when possible.)
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To: presidio9

The writer could not resist adding the usual poverty of the elderly crap. I am sure there is a run on Alpo as we speak.

Just another exuse for MSM to bash Bush.


5 posted on 03/10/2006 9:10:31 AM PST by KeyLargo
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To: presidio9

Get there happy a$$es out of the house...I hear Wal-Mart is hiring...


6 posted on 03/10/2006 9:10:46 AM PST by dakine
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To: presidio9

The definition of work has changed, too.

Guys who sell stuff on eBay, or run a web site, or prepare taxes for their friends, they're working. You don't need a job and a W2 any more.


7 posted on 03/10/2006 9:13:12 AM PST by proxy_user
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To: presidio9

The definition of work has changed, too.

Guys who sell stuff on eBay, or run a web site, or prepare taxes for their friends, they're working. You don't need a job and a W2 any more.


8 posted on 03/10/2006 9:13:14 AM PST by proxy_user
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To: presidio9
Only 20% of men are working past age 65

My observation is that only about 20% of them are working past age 35. Lot of "Retired on Active Duty" cases out there. ;)

11 posted on 03/10/2006 9:15:31 AM PST by Mr. Jeeves ("When the government is invasive, the people are wanting." -- Tao Te Ching)
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To: presidio9

But I wonder how many of these men saved for their own retirement (401Ks and whatnot) and were secure to retire when they did.


16 posted on 03/10/2006 9:20:15 AM PST by TOWER
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To: presidio9
I'll be one of those 20% for sure. Not Bush's fault, though. I'll be working for the next 18 years or more, God willing, to get my last kid through college. My two oldest kids are pretty sharp, but lil ole Nate has taken advantage of having basically 4 adults in the house. He is one sharp little cookie, with a fantastic memory.

At 2 1/2, he knew the title cut from A Mighty Wind. A few months back, I taught him a six verse "jody" from Jump School.

Sorry for the bragging...it's just been so much fun watching him grow. He's keeping me young.

22 posted on 03/10/2006 9:25:05 AM PST by Night Hides Not (Closing in on 3000 posts, of which maybe 50 were worthwhile!)
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To: presidio9
growth in private pensions and Social Security and Medicare benefits...

But, I thought private pensions were the devils handmaidens and Bush had cut social secutiry and medicare to the point it was making people eat dog food... ??

23 posted on 03/10/2006 9:26:49 AM PST by BlueNgold (Feed the Tree .....)
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To: presidio9

Hell, I'm not working past 2 pm today!


25 posted on 03/10/2006 9:30:15 AM PST by oldleft
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To: presidio9

I was GOING to keep working until age 70½, but circumstances came up, where leaving at age 64 became a much more attractive option.

1. I would have had to move, from a remote location where there was a great deal of autonomy, to a structured office environment.

2. One promotion had already been denied, and I had reconciled to the level where I was at.

3. Spouse fell ill, and was unable to work, partly because of illness exacerbated by the locality we were living in (high desert with cold winters).

4. I was offered an obscenely high price for the house I was living in at the time, so being of sound mind, we took the deal and squandered it all happily while moving to a more benign climate (sea level with subtropical seasons).

5. Got to where I can't afford to go back to work now....


29 posted on 03/10/2006 9:42:34 AM PST by alloysteel
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To: presidio9
Hef is still "working".


36 posted on 03/10/2006 10:24:06 AM PST by petercooper (Cemeteries & the ignorant - comprising 2 of the largest Democrat voting blocs for the past 75 years.)
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To: presidio9

My dad is 67 and he works twice a week designing websites of all things. He is by far the oldest guy at his company. He was bored to tears in retirement.


42 posted on 03/10/2006 10:32:48 AM PST by jjm2111 (http://www.purveryors-of-truth.blogspot.com)
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To: presidio9
You have to wonder how much of this is due to the downsizing of a few years ago. Many people in that "senior boomer" age group got offered what amounted to a modest version of a "golden parachute", to leave voluntarily, before each round of layoffs. Plus many were laid off. If you are past 50, and laid or retired from working in the same field, for which demand was already soft, it's not going to be that easy to find another job, at comparable pay. Many may have decided "to heck with it", took menial work to get over the hump of getting kids through college,etc, and then retired to a more modest lifestyle. Sold the big house, bought a smaller one (or a bigger one if they moved from a high housing cost area to a lower cost one).

I know several of the people I work with that are my age, or even a bit younger, (I'm 56) are planing on retiring in the next two or three years, because they've planned and are financially able to do so, but are sick and tired of their jobs too. Many of them have been since major upheavals in their jobs, including location changes, etc, starting in the early Clinton years.

47 posted on 03/10/2006 10:48:05 AM PST by El Gato
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To: presidio9

current seniors can do this.

but private sector pensions are quickly becoming a thing of the past. people working now in their 30s and 40s, who won't get corporate pensions, and getting near negative rates of return for every new dollar they send to SS - will be working into their 70s.


56 posted on 03/10/2006 6:54:17 PM PST by oceanview
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To: presidio9

I'm only 68 and I plan to work construction until i'm at least 80, if i'm still able I sure won't quit then.

I wouldn't quit no matter how much money I had.


57 posted on 03/10/2006 7:13:51 PM PST by dalereed
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To: presidio9
Before we get to enthusiastic about seniors working longer we'd better make sure the job market can handle it. If anyone thinks the X'ers are whining brats now think of what happens when they don't get their promotions because some old git is hanging on, because he's been told he's a slacker if he doesn't hang on by those same whining brats.

Color me unimpressed. When I retire it'll be on my dime and the X'ers or anyone else with well-meant advice about how I ought to live my life can kiss my royal rump.

60 posted on 03/18/2006 3:56:32 PM PST by Billthedrill
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