{"id":477,"date":"2024-04-10T15:48:51","date_gmt":"2024-04-10T15:48:51","guid":{"rendered":"https:\/\/paisanosviewoftheworld.com\/?p=477"},"modified":"2024-04-10T15:48:53","modified_gmt":"2024-04-10T15:48:53","slug":"retirement-age","status":"publish","type":"post","link":"https:\/\/paisanosviewoftheworld.com\/?p=477","title":{"rendered":"Retirement Age"},"content":{"rendered":"\n
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Over the past couple of weeks, I have seen or read several stories about how we need to raise the retirement age or do away with retirement all together. I always get a good laugh on this topic because usually the person who\u2019s pushing it, is a millionaire. Larry Fink, Blackrock CEO, net worth  1.2 billion,  Nikki Haley, net worth, 8 million and my favorite Ben Shapiro, net worth,  50 million. Mr. Shapiro has by far the best remedy, it\u2019s the work till you drop plan, no need for retirement. Now, I have often wrote about folks who don\u2019t live in the real world, and this is three perfect examples of it. Mr. Shapiro\u2019s position is a podcaster, he spends his days putting out his BS right wing narrative and hasn\u2019t worked a day in his life, but he wants you to work until you fall into your grave. I used to have a line I would say from time to time, \u201cSome folks have a position, some folks have a job.\u201d Ben Shapiro is an example of someone with a position, a real job, like most folk have would probably put Ben in cardiac arrest, but I digress.<\/p>\n\n\n\n

All these individuals use the same data for their narrative, and that of course is that we are all living longer according to the \u201clife expectancy\u201d chart they all bring out. Life expectancy estimates provide a measure of how long, on average, people of a particular age and sex are expected to live. They are not a measure of how long an individual is expected to live. They also don\u2019t account for the quality of life any one person has and the career they are engaged in. An important point to bear in mind when interpreting life expectancy estimates is that very few people will die at precisely the age indicated by life expectancy, even if mortality patterns stay constant. I knew quite a few people who died very young or have had sever medical issues throughout life, so I don\u2019t buy the narrative that we are living longer, I think it just makes their \u201craise the retirement age\u201d narrative a little easier.<\/p>\n\n\n\n

European countries have an average retirement age of 65-66 and most have a tiered pension system to help seniors in retirement. They also provide a comprehensive health care system which covers in most cases 100% of the cost for medical expenses. When we need it the most, our country makes health care even more expensive. America is the only country that has bankruptcy for medical expenses. Nothing like medical corporations, insurance and pharmaceutical companies making record profits while seniors go bankrupt! One other thing, most of these countries make folks retire at a certain age so they can enjoy retirement, I know at least six people in their eighties who are still working because they can\u2019t afford to retire, a pity really.<\/p>\n\n\n\n

I don\u2019t know when we went off the rails on this topic, my parent\u2019s generation couldn\u2019t wait until they could retire. Now, it seems we have a system that works against the middle class and forces folks to work longer that they want to. I retired when I was 57, I would recommend it for everyone.  I invested well, have two pensions that compensate me very well and have Tricare which covers my health expenses very well. Every American should have access to this type of retirement system, and they should be able get it at a reasonable age and enjoy their retirement years. Raising the retirement age is Republican and corporate America solution to a retirement crisis. They believe we are living longer, so naturally you should work longer. Let\u2019s say life expectancy jumps to 95 next year, what would the retirement age be then? Policeman, fireman, construction workers, do we really want them working in to their 70\u2019s? I for one, don\u2019t!<\/p>\n","protected":false},"excerpt":{"rendered":"

Over the past couple of weeks, I have seen or read several stories about how we need to raise the retirement age or do away with retirement all together. I always get a good laugh on this topic because usually the person who\u2019s pushing it, is a millionaire. Larry Fink, Continue Reading<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[5,2],"tags":[],"class_list":["post-477","post","type-post","status-publish","format-standard","hentry","category-humanity-humility","category-politics"],"aioseo_notices":[],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/paisanosviewoftheworld.com\/index.php?rest_route=\/wp\/v2\/posts\/477","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/paisanosviewoftheworld.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/paisanosviewoftheworld.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/paisanosviewoftheworld.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/paisanosviewoftheworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=477"}],"version-history":[{"count":1,"href":"https:\/\/paisanosviewoftheworld.com\/index.php?rest_route=\/wp\/v2\/posts\/477\/revisions"}],"predecessor-version":[{"id":479,"href":"https:\/\/paisanosviewoftheworld.com\/index.php?rest_route=\/wp\/v2\/posts\/477\/revisions\/479"}],"wp:attachment":[{"href":"https:\/\/paisanosviewoftheworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=477"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/paisanosviewoftheworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=477"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/paisanosviewoftheworld.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=477"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}