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If you have a physical job, do you really want to be working until 75??
That is always my thought. Most here at C-D live in areas where manufacturing is dead, if they ever had it in the first place. We have manufacturing jobs here, 12 hours on your feet with constant moving, can include or even primarily be lifting 50 to 75 lbs. Maintenance jobs in manufacturing facilities include crawling under equipment, climbing ladders, carrying heavy tools. Many jobs require a LOT of physical strength that someone in their 70s does not have.
What happens in these cases, and many before age 70 is that they can no longer do the jobs for which they have skills, many suffer from injuries, arthritis, etc. so end up on disability.
Everyone doesn't have a desk job. Even in that case, while not all people lost mental efficiency, many do with advancing age and can become a liability to others on the job.
Anything past 70 is too much. While people are living longer, I think we are also losing a lot of people younger that have paid into the system and never used it. I cannot believe the number of people that have died before age 50 or 60. At 63, there is no way that I could work for 12 hours on my feet, and in 10 years..........
Maybe we just need to put Americans first. Illegal aliens and refugees are costing us billions, and we send "allowances" to nearly every country in the world while we have older people who can't afford both medication and food. Priority realignment is the answer.
who said anything about, that raising the SOCIAL SECURITY AGE meant you had to work to that point
It's the reality most people face - they can't retire without Social Security.
Quote:
Originally Posted by reed067
Unless I hit the lotto or come into some decent money another way I don't see myself really getting to retire as a whole. I worked so many jobs when I was younger that paid under the table and moved too much to keep a job very long it wasn't until I it my 30's that I stayed in one place very long.
So either way I'm screwed.
I was never paid under the table, but there was and is an industry-wide transience in both of my careers (newspapers and non-profit fundraising). Neither industry pays very well (which I completely understand my career choices were mine alone, but those choices based on my skills have made it tricky to save enough to retire early, let alone at 65). Only one of the nine employers over my lifetime has offered any kind of pension - after 5 years, I got a check for $500 along with my pink slip.
So I can empathize.
Quote:
Originally Posted by Moth
Does anyone see the absurdity of a program designed for retirement that has become so dysfunctional that you now need to delay or keep people from retiring so that it may survive?
Why are so many corporate and public pension funds in trouble? It's not just Social Security.
Quote:
Originally Posted by kevinm
Good luck trying to move up the corporate ladder with us "boomers" still there for another 20 years.
LOL - some of the young folks want us Boomers to die now. Imagine the outrage if we can't retire until 75. The youngest boomers wouldn't be retiring until 2039.
Quote:
Originally Posted by AnywhereElse
What happens in these cases, and many before age 70 is that they can no longer do the jobs for which they have skills, many suffer from injuries, arthritis, etc. so end up on disability.
Even jobs not as strenuous as manufacturing and maintenance that are routinely open to seniors - home health care, retail cashier or clerk - require stamina and time on your feet. Even for a healthy 70-year-old, that might be too much. And often those jobs aren't full-time.
why would the LOGICAL thing of raising it...just as life expectancy has been rising ???
if the design was it was granted at 65..while the (non-gender specific) life expectancy was 63.... don't you think it is logical to raise it??? life expectancy is now around 79.....why not raise it to the low 70's...it just makes sense.... not raising it is unreasonable and illogical
36 months till retirement and I can leave the hell hole of Long Island, New York - your location - and yet it's fine for everyone else to work into their 70's? People with hard physical jobs - do not have the strength or health by that age to continue working.
Let's raise the cap but not the payout. The % of people making $128,000 + back then was small compared with the amount of people making it today. Or if your net worth at retirement is over $1 million dollars - you can't collect what you put in - because really you don't need it.
I wonder how many federal and state private industry taxpayers are needed to support you and your wife for possibly 30 years by providing you both a large retirement income and free health care premiums instead of using their income to support their own families, save for retirement, and pay for their health care premiums and deductibles? dozens and dozens.
government doesn't make money. the government's obligations are paid from tax revenue received from taxpayers or money borrowed from lenders.
that's the retirement deal the government offered me when I started. I could cut grass at a golf course from April-October and collect unemployment the rest of the year too if I wanted to. I have friends with similar pensions that do that.
SS was not designed to be your retirement...it was/is designed to SUPPLEMENT your retirement
It’s not designed to supplement MY retirement. I’m in my late 20s and I’ll never see a penny of what I am paying into the system. Social security probably won’t even be around in 40 to 50 years. Best to abolish it.
It’s not designed to supplement MY retirement. I’m in my late 20s and I’ll never see a penny of what I am paying into the system. Social security probably won’t even be around in 40 to 50 years. Best to abolish it.
You're being made poorer today on the empty promise of getting some of it back tomorrow.
Good to see young people waking up.
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