Planning to retire by 70, dont hold your breath!
Discussion
Retirement age 'should reach 85'. A longer life could mean a longer working life. The age of retirement should be raised to 85 by 2050 because of trends in life expectancy, a US biologist has said.
Source: http://news.bbc.co.uk/1/hi/sci/tech/4
First the pensions go belly-up, and now they want you to work till you die? or cant walk anymore? bloody typical.
No respect for the elders! Private pension anyone?
Source: http://news.bbc.co.uk/1/hi/sci/tech/4
First the pensions go belly-up, and now they want you to work till you die? or cant walk anymore? bloody typical.
No respect for the elders! Private pension anyone?
' said:
['![]V[] W]Fook that im already retired... or is that retarded? Always get confused
Lucky you!
The rest of us got a loooong while to go yet! and looks like it could be a lot longer than we expected! So that idea of a villa somewhere in spain is out the window! What will I do with a villa at 85???? even viagra wont have an effect (I'm guessing).... lol
fid said:
Well they can f k that! Just because, in general, people live longer, it doesn't mean they're able to work for a decade or two longer.
Longer life expectancy tends to increase the time you spend in middle age rather than increasing the time you spend as a doddery old person. i.e. you age more slowly. There wouldn't be much point living for 20 years longer if you had to spend all those 20 years in a wheelchair eating soup.
Some animals don't age at all, and we can already increase the life expectancy of nematode worms and mice by >50% so I'm hopeful of a good cure to ageing before I die.
In fairness the previous retirement age was set when people didn't live nearly as long, you basically worked, retired for a couple years then carked it. A few lived on a bit longer and it all seemed to work ok. Most jobs are not a physical as they used to be, my grandfather is an accountant and still does some work for select clients even at 85.
Nowadays people seem to think they deserve a lot longer leisure time at taxpayers expense (both young and old, lets be fare), which is quite unusual from a historical perspective, I think we are just passing through a brief period in history where even most 'ordinary' people had things extroidinarily good in comparison to previous generations, and quite possibly future ones as well.
Welfare should really be a safety net, and last resort, not the basis for retirement. If you really want to retire early you can always work harder while your younger and save a bit more.
Nowadays people seem to think they deserve a lot longer leisure time at taxpayers expense (both young and old, lets be fare), which is quite unusual from a historical perspective, I think we are just passing through a brief period in history where even most 'ordinary' people had things extroidinarily good in comparison to previous generations, and quite possibly future ones as well.
Welfare should really be a safety net, and last resort, not the basis for retirement. If you really want to retire early you can always work harder while your younger and save a bit more.
Cotty said:Apparently men 76, women 84
What is the average life expectancy these days?
Edited to add, EU expansion is clearly bad for our health, merely by accepting new member states we're all going to die earlier
The EU said:
According to the Federal Statistical Office, with the accession of ten countries to the European Union, statistical life expectancy in the new EU25 has slightly decreased. For boys born in 2002, it is 74.8 years, for girls 81.1 years. In the old EU15, the figures were 75.8 years (boys) and 81.6 years (girls)
Hang on did somebody there say federal...
>> Edited by turbobloke on Sunday 19th February 15:46
SXS said:
Retirement age 'should reach 85'. A longer life could mean a longer working life. The age of retirement should be raised to 85 by 2050 because of trends in life expectancy, a US biologist has said.
Source: http://news.bbc.co.uk/1/hi/sci/tech/4
First the pensions go belly-up, and now they want you to work till you die? or cant walk anymore? bloody typical.
No respect for the elders! Private pension anyone?
turbobloke said:
What is the average life expectancy these days?
There will probably be some kind of extra tax if you die before you retire
www.gad.gov.uk/Life_Tables/docs/2004/20045yrUKperiod1981web.xls
From here you can work out when you are going to croak....
From here you can work out when you are going to croak....
I can see that the increased life expectancy is a drain on the resources of the country but over the generations people had a few good years of retirement from 60 or 65 and then died not that many years later but the years they had where pretty good.
I see people still having the same number of good years but then spend the new "extended" life being pretty limited in what they can do with reduced quality of life.
I think I would be happy to say I dont want medication other than pain relief when I am older to keep a younger retirement age rather than be kept alive for years when all I can do is stare at the wall/telly. Would rather have the time while I can still do things and then go suddenly rather than slowly wear out.
But that might just be me.
I see people still having the same number of good years but then spend the new "extended" life being pretty limited in what they can do with reduced quality of life.
I think I would be happy to say I dont want medication other than pain relief when I am older to keep a younger retirement age rather than be kept alive for years when all I can do is stare at the wall/telly. Would rather have the time while I can still do things and then go suddenly rather than slowly wear out.
But that might just be me.
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