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Old 09-27-2017, 02:55 AM
 
71,639 posts, read 71,777,271 times
Reputation: 49230

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crap happens to us .however odds are very very high you will not be dead at 65 .

life expectancy is a moving target .

as far as retiring early ,hey that is up to you and your desire and motivation to do so .

as researcher micheal kitces points pout :


life expectancy” can be a somewhat misleading term. Many people hear the term and think of it as a measure of how long they can “expect to live”. In reality, though, life expectancy is a measure of the average time a person within some particular population is expected to live. While the average is meaningful in many respects, it may not always provide the best measure for setting expectations about the actual age someone is likely to reach. Because mortality rates aren’t constant across a lifespan and the distribution of ages at death are heavily skewed (i.e., more people die old than young), commonly cited life expectancy measures—particularly life expectancy at birth, which is most often cited in the media—may result in misleading expectations.

For instance, a child born in 2014 has a life expectancy (average age at death) of 79. However, the median age of death for the same child is 83, and the modal (most common) age at death is 89! Given the shape of the distribution of ages at death (negatively skewed), it’s simply a mathematical fact that the mean is going to be lower than the median or the mode.

a 65 year old couple today has a 97% chance of one of them seeing 75.

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Old 09-27-2017, 07:09 AM
 
3,296 posts, read 1,566,164 times
Reputation: 3602
People just like routine. Slaving all day, like a typical american, fully retire when ss kicks in full, at 67 years of age.

But i would suggest you put all that money away, invest, and retire at 62, and wave your middle finger at the world, while you retire early.
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Old 09-27-2017, 09:21 AM
 
Location: Lower East Side, NYC
2,136 posts, read 1,393,567 times
Reputation: 1544
There's well over 1 billion people on this earth and hundreds of societies to maintain them all. I find this mentality comes from laziness, which I have no sympathy for, or inability to find career in whatever one has professed in, which is what it is and the nature of an evolving world. Spend that energy that you're wasting on thinking depressive thoughts and be a productive member of society. This isn't an NYC specific thing.
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Old 09-27-2017, 10:22 AM
 
2,600 posts, read 1,940,947 times
Reputation: 2568
As long as you breathe, you are slave of something. The least that you are slave of is simply Time. No human being is free from anything. Even if you have everything and anything in the world, you simply cannot escape with all the molecules that form you as a human, unless you choose to kill yourself. Therefore, there is no freedom, it is your perception of what freedom is. In addition, what is life? What was the purpose of everything you did in life? Do you know the answer? If you do, then perhaps you wouldn't ask this question in the first place.
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Old 09-27-2017, 10:31 AM
 
1,015 posts, read 704,837 times
Reputation: 888
If you have a problem with this why don't you move to a socialist country?

We know how well that goes... in socialist country's they get 30-35 hour work weeks, retirement options at 55, one month paid vacations, paid maternity/paternity leave, generous pensions, affordable housing and healthcare, and even labor rights and labor unions.

Who wants that?

In American capitalism we get none of that, but hey this 'Merica, land of the free home of the brave !!!

How dare you disgrace those who fought for you to work a 55 hour work week until your 75, earn no retirement benefits, have to reverse mortgage you home, end up homeless, and leave nothing for your children!

How dare you suggest things should be different? Don't you know this is the greatest country in the world? Besides who needs to retire when we have life expectancies comparable to third world countries!!
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Old 09-27-2017, 10:55 AM
 
Location: Pittsburgh PA
404 posts, read 332,489 times
Reputation: 436
I have no interest in retirement. I put a little money away and don't worry about it. I think people that live check to check for the prime of thier lives so they can have a nice retirement are crazy. Too much of a risk. I'll live my life while young and healthy. If I make it to 70, then I probably won't care about money and having fun anyway.
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Old 09-27-2017, 01:27 PM
 
71,639 posts, read 71,777,271 times
Reputation: 49230
ha ha ha , what can possibly go wrong with that idea !!!!! having reached retirement , i can say nothing can be worse than being old and poor and having few or no choices in life . while money may not buy happiness , many times it certainly can buy choices .

if you think it can be tough working and finding a job at 65 , try it at 80. so it is all about a balance between now and later .

it is like fighting a war. pulling from one front to sure up another wins a battle . but it usually loses the war.
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Old 09-27-2017, 02:22 PM
 
Location: New York, NY
1,887 posts, read 1,284,648 times
Reputation: 2317
Quote:
Originally Posted by BoogeyDownDweller View Post
If you have a problem with this why don't you move to a socialist country?

We know how well that goes... in socialist country's they get 30-35 hour work weeks, retirement options at 55, one month paid vacations, paid maternity/paternity leave, generous pensions, affordable housing and healthcare, and even labor rights and labor unions.

Who wants that?

In American capitalism we get none of that, but hey this 'Merica, land of the free home of the brave !!!

How dare you disgrace those who fought for you to work a 55 hour work week until your 75, earn no retirement benefits, have to reverse mortgage you home, end up homeless, and leave nothing for your children!

How dare you suggest things should be different? Don't you know this is the greatest country in the world? Besides who needs to retire when we have life expectancies comparable to third world countries!!
I LOL'd.
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Old 09-27-2017, 02:31 PM
 
Location: New York City
8,259 posts, read 6,285,564 times
Reputation: 6056
The young are stupid with health and no money
The old are wise with hardships and wealth

Hard to have your cake and eat it too in this world

But you need to work hard and save, invest wisely and resist temptation to vices (drugs, alcohol, gambling, hookers). Do that and you will have enough wealth to prosper before retirement, and during retirement you will live well

Ideally you should work at something you like to do or find a different job, lest you have that miserable life only to die a failure. But sometimes you just gotta do what you gotta do to put food on the table, people are counting on you.

Take your pleasures one at a time and enjoy every waking minute you can because it's gonna end for every single one of us if it isn't tomorrow then years down the road
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Old 09-27-2017, 04:22 PM
 
Location: Staten Island
345 posts, read 259,565 times
Reputation: 524
Quote:
Originally Posted by BoogeyDownDweller View Post
If you have a problem with this why don't you move to a socialist country?

We know how well that goes... in socialist country's they get 30-35 hour work weeks, retirement options at 55, one month paid vacations, paid maternity/paternity leave, generous pensions, affordable housing and healthcare, and even labor rights and labor unions.

Who wants that?

In American capitalism we get none of that, but hey this 'Merica, land of the free home of the brave !!!

How dare you disgrace those who fought for you to work a 55 hour work week until your 75, earn no retirement benefits, have to reverse mortgage you home, end up homeless, and leave nothing for your children!

How dare you suggest things should be different? Don't you know this is the greatest country in the world? Besides who needs to retire when we have life expectancies comparable to third world countries!!
You mean like Venezuela.
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