I’m not working until I’m 80 to pay for some deadbeat to retire from the public sector at 55.
Unless you own your own company it is not realistic, because in spite of age discrimination laws companies, trim older workers from their payrolls as they approach their early 60s.
In the Obama economy, there simply aren’t enough jobs to allow current members of the workforce to work for an additional 15-18 years, and still allow younger people into the workforce.
Dick Lugar is 80, so I guess he was due.
Orrin Hatch is 78. Close enough for government work.
Thats a bit later that I’m planning on (I’m 51 and I don’t see retirement happening before 70).
But it sort of coincides with what I’ve said previously. With demographics being what they are, and with this country’s slow slide towards socialism, I think retirement will soon be a concept enjoyed only by the wealthy.
—Greece, where the average life expectancy is 81.3 years, has an effective retirement age of 59.6, among the lowest in Europe, according to data compiled by Bloomberg. —
In the US, when SS was started, the average life expectancy was less than the SS retirement age. So in Greece, retirement now should kick in at 82.
I am retiring at 62 1/2. Even if I am broke. I will sit on my ass and eat beefaroni and do nothing. I will go Galt. I am tired of feeding the pig.
Last I checked the average American MAN has a life expectancy of 72 years, maybe slightly more.
Lumping both sexes together distorts the overall picture because females live much longer than males on the average.
I suppose men now have to work to death before getting a cent from 60 years of paying in?
Not this one. I’m retiring at the fist allowable time.