| ▲ | ecshafer 5 hours ago |
| The government decides when we can retire and they help us out. You can stop working today if you want, Government shouldn't pay you for it for no reason. Your duty as a citizen is to work and build your nation, eventually the government pays back that service with benefits. |
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| ▲ | foxyv 4 hours ago | parent [-] |
| This isn't something the government gives you. It is something they have confiscated and held on to. > Your duty as a citizen is to work and build your nation What about the duty of the trust fund babies and idle wealthy? What about the duty of the capital owners? Why is the retirement age going up instead of down as productivity increases? |
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| ▲ | scottyah 17 minutes ago | parent | next [-] | | because lifespans are increasing much more, people are outliving what they used to and are using a lot more money in retirement than they used to. Old people used to sit in houses and watch grandkids, now they're flying to foreign countries for fun. | |
| ▲ | sam1714 3 hours ago | parent | prev [-] | | Not for the majority of retirement savings in the US, where Social Security makes up only about 25%. In the case of 401(k)s/DC plans and private pensions/DB plans, the government allowed savings without "confiscation," i.e. immediate taxation. They gave us the benefit of deferred taxation if you wait until retirement age. | | |
| ▲ | foxyv 3 hours ago | parent [-] | | What about the people who do not make enough to save and all their money goes to inflated living expenses? When do they get to retire? |
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