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View Poll Results: People are living longer, so they should work a full time job longer.
Yes, in most cases, I think that is true 27 24.32%
Maybe but only people who work in white collar non physical jobs 23 20.72%
NO! Because there is a shortage of jobs and lets give the young people a chance to work at them 61 54.95%
Voters: 111. You may not vote on this poll

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Old 01-12-2017, 04:08 PM
 
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Quote:
Originally Posted by mathjak107 View Post
it is amazing when we go out to eat what a salad cost vs a burger . the salad is usually far more
However, dishes at "ethnic" Mom and Pop restos that are high in veggies, low in red meat (or non red meat or no meat) tend to be really cheap.
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Old 01-12-2017, 04:15 PM
 
12,825 posts, read 20,129,272 times
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Quote:
Originally Posted by mathjak107 View Post
all these polls and surveys stink and don't reflect much .

people do what they want to do and just make things work for better or worse. in fact there is not one official survey today that even knows financially what we all have .

financial info was removed from the census so we have random sampling and a whole lot of guessing .

quite frankly i couldn't care less what anyone else has or does not have . it is enough of a chore to worry about keeping myself on track .

but for many who want a better life style or feel they are under funded then delaying retiring can be quite a silver bullet .

yeah , i know not everyone can or will want to work longer , i get that . but as i said if you think working longer at 62 or finding a job at 62 is rough try it at 80 .

the benefits of working longer can be huge .

no spending of assets from 62 to 70

still saving and contributing to retirement plans instead of spending

growing your ss benefit by 6% from 62 to fra and 8% after that .

8 more years of compounding on what you do have

potentially you can need very expensive health insurance coverage from 62 to medicare if on your own

8 years less of life to support .

delaying really can be a silver bullet that can be the equal of saving another 800k to 1 million dollars . many folks do not realize just how much delaying retiring can equate in dollars to them or their spouse .

but what we all do is our own individual choice, but you do need all the facts to make an informed decision .

i went part time at 60 and retired at 62 . but i still do some stretch's of consulting work from time to time since i enjoy it ..
A lot of the commentary I see on here about working longer (or not) seems to be focused on the more emotional side of things. People stating they "want to take this job and shove it," people wanting to walk into their boss's office one final time to tell the boss their real thoughts, people bumming out about the Millennials moving into the work force or working for an Xer (or even Millie!) boss, effects of automation (including office and "paperwork" automation), the realities of working globally e.g. con calls with China/India/Israel/etc, and so on. A few rightfully state they worked in hard physical labor and their joints are shot, but that is a minority of workers these days.
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Old 01-12-2017, 04:18 PM
 
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Quote:
Originally Posted by BayAreaHillbilly View Post
However, dishes at "ethnic" Mom and Pop restos that are high in veggies, low in red meat (or non red meat or no meat) tend to be really cheap.
not here they aren't unless you want a lot of grease and fried in a real low end place that does not speak english ..
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Old 01-12-2017, 04:21 PM
 
Location: WINTERpeg
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With the lack of exercise people are getting nowadays it will slowly decrease.
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Old 01-12-2017, 04:22 PM
 
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interesting study

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Old 01-12-2017, 04:22 PM
 
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Quote:
Originally Posted by Curious Investor View Post
The media tells us we are all living longer. There has also been lots of news stories about the glories of working until your 70s. It use to be the media loved to talk about the glories of early retirement but their narrative has changed and now they glorify people who work in their retirement. Their logic is: People are living longer so they should work longer.

On an intellectual and emotional analysis, what do you think about the viewpoint that because people are living longer, they should work full time longer?

And do you think the most Americans have the energy and general heath to work full time into their late 60s and early 70s?


Canada has just raised the retirement age to 70 if you were born after a certain year. I have no idea why thy would do this other than save 5 years worth of old age security and pension plan payments for several million people affected.
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Old 01-12-2017, 04:23 PM
 
12,825 posts, read 20,129,272 times
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Originally Posted by mathjak107 View Post
not here they aren't unless you want a lot of grease and fried in a real low end place that does not speak english ..
Like I wrote, Mom and Pop ethnic.
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Old 01-12-2017, 04:26 PM
 
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Quote:
Originally Posted by kitty61 View Post
Canada has just raised the retirement age to 70 if you were born after a certain year. I have no idea why thy would do this other than save 5 years worth of old age security and pension plan payments for several million people affected.
Think about the other side of the equation, workers paying the taxes to fund the current retirees. Working longer means a larger revenue input to the government. Reason for it is the retiree population is a tidal wave meanwhile the working population is declining.
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Old 01-12-2017, 07:16 PM
eok
 
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If it's really true that we're living longer, we should be willing to work longer. But maybe we should wait and see. If I really live longer, I'm willing to work longer. But if I don't live longer, I'm going to quit work immediately.
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Old 01-12-2017, 08:32 PM
 
Location: On the road
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Quote:
Originally Posted by mathjak107 View Post
not here they aren't unless you want a lot of grease and fried in a real low end place that does not speak english ..
Not necessarily.

For example Vietnamese food is usually a lot stir frying and oily than American-style Chinese food, with a wider mix of fresh salads and soups. Some pho ga, fresh spring rolls, or lotus root salad doesn't have lots of grease of frying.

Same with Thai food, plenty of options that aren't stir fried in grease.
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