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Furthermore Mr. Gao now 63 immigrated to USA (legally or illegally) eight years ago. What did he expect? Coming here at 53 and retiring at 60? On who's dime?
You cannot come to USA legally without proof won't become a public charge; and for older persons that means showing significant assets.
Am guessing Mr. Gao was sponsored by his children or other family (how they got here is another story), which removes some of the asset requirements.
In any event did Mr Gao think he was going to only work a few years then kick back and live rest of his days retired? I don't think so.... He won't get much if any SS unless his work record racks up twenty or so years of contributions. That gets him into his seventies or worse eighties.
If he is 63, and immigrated 8 years ago, then he immigrated at the age of 55, ie, 5 years before he would receive retirement benefits in China. There must be much more to this story, because most people would time their immigration differently if it meant trading 5 more years of work + permanent retirement benefits in China, for working until they drop + no retirement benefits in the US. It is not clear why he didn't wait 5 years to get the Chinese pension, and then go to the US... but again, who knows what his story is, maybe there was something that was unbearable in China, or maybe he won an immigration lottery and that was his only chance to move to the US.
China does still have a strangely early retirement system: 60 years for all men, 50 years for women who do manual work, 55 years for all other women. How that is fundable is a mystery (but they are planning to raise the retirement age for everyone to 67! They do like swinging between extremes :-). I think they could afford early retirement historically partly because longevity is not great in China. The delicious Chinese food is full of sodium -> high blood pressure -> most people dying well before 80. But that could be changing, I don't know.
how do you get Longevity is not Great in China?
you thought china is a backward country or what? life expectancy in China is similar to US. In many modern chinese cities, people live much longer than in US
Quote:
Originally Posted by elnrgby
If he is 63, and immigrated 8 years ago, then he immigrated at the age of 55, ie, 5 years before he would receive retirement benefits in China. There must be much more to this story, because most people would time their immigration differently if it meant trading 5 more years of work + permanent retirement benefits in China, for working until they drop + no retirement benefits in the US. It is not clear why he didn't wait 5 years to get the Chinese pension, and then go to the US... but again, who knows what his story is, maybe there was something that was unbearable in China, or maybe he won an immigration lottery and that was his only chance to move to the US.
China does still have a strangely early retirement system: 60 years for all men, 50 years for women who do manual work, 55 years for all other women. How that is fundable is a mystery (but they are planning to raise the retirement age for everyone to 67! They do like swinging between extremes :-). I think they could afford early retirement historically partly because longevity is not great in China. The delicious Chinese food is full of sodium -> high blood pressure -> most people dying well before 80. But that could be changing, I don't know.
how do you get Longevity is not Great in China?
you thought china is a backward country or what? life expectancy in China is similar to US. In many modern chinese cities, people live much longer than in US
Average life expectancy in the US is 5 years longer than in China for men, and 3 years longer for everybody overall. Those are pretty substantial differences, considering they are averages. People over 65 make about 9% of the population in China, and about 17% of the population in the US. People over 80 make about 2% of the population of China, while people over 85 (ie, 5 years older than I was able to find in the statistics for China) make about 4% of the US population. I follow the list of 100 oldest people in the world, and have seen one Chinese recently on the list for the first time (but I think even that person died, I'd have to check again). The list regularly contains about 50 people from Japan and about 25 from the US - among the remaining 25 about half is usually from France and Italy, the remaining few from various countries, pretty much never China.
China just got out of poverty over the last two decades. With increase in income, the life expectancy gap is closing between china and US. The most updated figure in 2018 is about 2.5 years. For the developed parts of China, life expectancy is far higher than US. In Hong Kong, it is 84 years, 6 years more than US
Quote:
Originally Posted by elnrgby
Average life expectancy in the US is 5 years longer than in China for men, and 3 years longer for everybody overall. Those are pretty substantial differences, considering they are averages. People over 65 make about 9% of the population in China, and about 17% of the population in the US. People over 80 make about 2% of the population of China, while people over 85 (ie, 5 years older than I was able to find in the statistics for China) make about 4% of the US population. I follow the list of 100 oldest people in the world, and have seen one Chinese recently on the list for the first time (but I think even that person died, I'd have to check again). The list regularly contains about 50 people from Japan and about 25 from the US - among the remaining 25 about half is usually from France and Italy, the remaining few from various countries, pretty much never China.
China just got out of poverty over the last two decades. With increase in income, the life expectancy gap is closing between china and US. The most updated figure in 2018 is about 2.5 years. For the developed parts of China, life expectancy is far higher than US. In Hong Kong, it is 84 years, 6 years more than US
It has less to do with poverty than lifestyle, in which food is a large element. Life expectancy for men in China has actually decreased in parallel with increasing standard of living. Again, high blood pressure is a big problem among the Chinese, and I suspect it is substantially related to sodium-laden diet. Maybe the longevity in Hong Kong has to do with seafood. Nations that eat a lot of fish and olive oil seem to have the longest-living populations.
you can google, but China has doubled its average life expectancy over the past 70 years. Double. it definitely has a lot to income. Chinese living in Hongkong, Singapore or US have very similar diet as those in China
Quote:
Originally Posted by elnrgby
It has less to do with poverty than lifestyle, in which food is a large element. Life expectancy for men in China has actually decreased in parallel with increasing standard of living. Again, high blood pressure is a big problem among the Chinese, and I suspect it is substantially related to sodium-laden diet. Maybe the longevity in Hong Kong has to do with seafood. Nations that eat a lot of fish and olive oil seem to have the longest-living populations.
I do not believe these chinese. After a lifetime of poor me Gimme gimme gimme, accumulation of benefits and freebies. They are full of it. Many of those seniors will be taken care of by family and many of them own houses and businesses.
Watch the new movie The Parasite. Sums it all up.
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