JustCurious
Thinks s/he gets paid by the post
- Joined
- Sep 20, 2006
- Messages
- 1,396
There's been a big increase in labor-force participation for people 55 to 69 in the past five years; all other age groups were flat or down.
This sentence from the article was pretty depressing:
I can see some dreadful possibilities we might witness in a few decades. Imagine millions of feeble, exhausted, white-headed old men and women slaving away their final years on this earth.
Exactly the reason I have never and will never begrudge a penny of medicare or ss taxes I pay, even thoug I fully expect to get zippo out of the deal.
IMO - I suspect that we are likely to have to increase legal immigration substantially over the next 20 years at all levels of education and skills.
They'll do it through planting articles like this in the media. Search for keywords like "bored", "unfulfilled", and "re-wire!"I believe the government is going to do some social engineering of some sort to keep people working and consider delaying medicare and SS as long as possible.
They will do it via tax incentives to work and perhaps defer SS and Medicare and disincentives to Retire younger and take SS/medicare.
Especially skilled nurses and geriatric-care technologies!IMO - I suspect that we are likely to have to increase legal immigration substantially over the next 20 years at all levels of education and skills.
It may also be because not every unemployed person is a millionaire. Some have kids that depend on them, wives that lose respect and leave them, and desperately needed medical insurance for themselves and their families that they no longer have.one of the leading causes of unhappiness is being unemployed. A measure of how much people are trained to be workers.
This sentence from the article was pretty depressing:
I can see some dreadful possibilities we might witness in a few decades. Imagine millions of feeble, exhausted, white-headed old men and women slaving away their final years on this earth.
Everywhere we go we see seniors in low pay service jobs. Since standing on your feet all day at a cash register, or stocking shelves is probably not on their "wish fullfillment list", I assume they have to work to make ends meet. I point them out to DH and say this is why we are following our plan, so we don't find ourselves here.
I think a lot of the older women I see are widows .They probably left everything up to the DH and when he died his pension stopped or was reduced and the social security went from two checks to one.
Cubicles in continuing care facilities. What a concept...
Q. Surveys show that boomers indeed want to work longer, yet the average retirement age is falling. What's the deal?
A. People aren't really retiring early. They're ending their first careers and taking a break until they figure out what they can do next. There's been a big increase in labor-force participation for people 55 to 69 in the past five years; all other age groups were flat or down.
But there's still a mismatch between what people want and what employers are willing to let them do.