blitzkrieg wrote:
goldfish21 wrote:
blitzkrieg wrote:
Nades wrote:
They're in a panic because everyone will end up retiring at the same time with a much smaller workforce to pay for them.
The younger generation might have to make some tough choice with the elderly soon.
It's even worse in China in terms of taxpayers paying for pensioners (versus the west), since the official retirement age is 60 for men & 55 for women in China.
Interesting. They'll change those age laws, just as they're changing in Canada and elsewhere. Used to be a typical retirement age of 65 here, with well off people aiming for 55. Now you can't draw your maximum pittance of a Canada pension until you're 70 and if you take it early you get less/month. Depends on one's own health/genes whether it's better to take it sooner or later.
That's true. If you don't expect to live long enough to collect your $'s, then you might as well take less, earlier on.
Yep. I know a woman in her 60's collecting hers because both sides of her family die young, so, even if it's less/month, collecting for a lot more months probably nets her more money considering her expected lifespan.
For myself, hard to say.. my dad's family's males die young, my mom's family live a long time. Hoping my genetics lean towards my mom's family more than my dad's. Add in a reasonably healthy diet and exercise and I Hope to have a longer vs. shorter lifespan.. and in an ideal world I'd earn and save enough money that it's entirely moot when, or if, I ever draw a government pension. Can't entirely count on that, though.. I don't exactly have a high income and life is expensive. BUT, with no dependants and just me I can do better than the typical family man trying to live on the same income I earn, that's for sure.
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No

for supporting trump. Because doing so is deplorable.