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Old 08-28-2011, 04:28 PM   #21
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But evidently it isn't being adjusted enough. If the life expectancy of a 65 year old has increased by 3 years, as your reference says, then shouldn't SS full retirement age be increased by 3 years, also, instead of only by 2 years?
Gregg, I think that would be a good idea IF the ensure that age discrimination does not take place.


And, it would also be nice if people did not have to work at full throttle until the day they retired. What would be wrong if at the age of 60 a person could start to work part-time keeping benefits such as medical and still adding to the retirement pile. That would help older workers stay in the work force longer, and provide more space for younger workers to move about.
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Old 08-28-2011, 04:33 PM   #22
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But evidently it isn't being adjusted enough. If the life expectancy of a 65 year old has increased by 3 years, as your reference says, then shouldn't SS full retirement age be increased by 3 years, also, instead of only by 2 years?
In the absence of concern about whether or not (a) there will be enough extra jobs to support the higher retirement age and (b) whether the folks who are just shy of the increased retirement age are physically still able to do the grind, then the answer might be "yes." But given high unemployment that would go higher if SS/Medicare eligibility ages were raised -- not to mention rampant age discrimination in hiring -- the answer is far less certain.
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Old 08-28-2011, 04:35 PM   #23
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What would be wrong if at the age of 60 a person could start to work part-time keeping benefits such as medical and still adding to the retirement pile.
Sounds good to me. (I started to work part-time at age 33, myself.)
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Old 08-29-2011, 12:34 PM   #24
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The problem remains that while longevity has been extended, aging still proceeds at about the same pace.
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Old 08-29-2011, 02:14 PM   #25
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Im looking at early retirement as kinda like a second shot at college life......Im being supported by my pension and investments at a subsistence level, what I choose to make out of the rest of it is gravy!
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Old 08-29-2011, 06:58 PM   #26
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I think the best solution is Logan's Run



P.S. the trailer looks really cheesy I remember being a pretty good movie.
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Old 08-29-2011, 10:46 PM   #27
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The problem remains that while longevity has been extended, aging still proceeds at about the same pace.
That's one of the premises of this book I started a thread about earlier this year. Basically, be careful what you wish for.
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Old 08-29-2011, 10:49 PM   #28
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Im looking at early retirement as kinda like a second shot at college life......Im being supported by my pension and investments at a subsistence level, what I choose to make out of the rest of it is gravy!
I don't know if you're half-kidding, but that's exactly how I view it! Time is the prize.
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Old 08-29-2011, 11:26 PM   #29
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Im looking at early retirement as kinda like a second shot at college life......Im being supported by my pension and investments at a subsistence level, what I choose to make out of the rest of it is gravy!
The last time I was truly free the way I am now since I ERed nearly 3 years ago was in the 6 weeks between my last college final exam and when I started working full-time. So for me ER is a bit of a throwback to those fun 6 weeks.

Mu investment income more than covers my expenses, and that is without a pension (it is frozen) or SS or unfettered access to my IRA. Lots of gravy!
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