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» Black Rock CEO, Larry Fink (JEW) states 65 year retirement is "crazy"
03-27-2024, 08:06 AM
#1
Black Rock CEO, Larry Fink (JEW) states 65 year retirement is "crazy"
With Americans living longer and spending more years in retirement, the nation's changing demographics are "putting the U.S. retirement system under immense strain," according to BlackRock CEO Larry Fink in his annual shareholder letter.
One way to fix it, he suggests, is for Americans to work longer before they head into retirement.
"No one should have to work longer than they want to. But I do think it's a bit crazy that our anchor idea for the right retirement age — 65 years old — originates from the time of the Ottoman Empire," Fink wrote in his 2024 letter, which largely focuses on the retirement crisis facing the U.S. and other nations as their populations age.
Fink, who is worth an estimated $1.2 billion, notes that many 65-year-olds in the early 1950s didn't get a chance to retire because many had already passed away. In other words, he writes, more than half of workers who had paid into Social Security never got a penny because they died before they could claim the benefit.
One way to fix it, he suggests, is for Americans to work longer before they head into retirement.
"No one should have to work longer than they want to. But I do think it's a bit crazy that our anchor idea for the right retirement age — 65 years old — originates from the time of the Ottoman Empire," Fink wrote in his 2024 letter, which largely focuses on the retirement crisis facing the U.S. and other nations as their populations age.
Fink, who is worth an estimated $1.2 billion, notes that many 65-year-olds in the early 1950s didn't get a chance to retire because many had already passed away. In other words, he writes, more than half of workers who had paid into Social Security never got a penny because they died before they could claim the benefit.
https://finance.yahoo.com/news/ameri...222229926.html
Why are all these jews, and their cuck jew loving goyim, suddenly coming out against the 65 year retirement plan?
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03-27-2024, 08:09 AM
#2
because they can do math and realize it isnt sustainable.
Anyone that thinks we can keep doing this is retarded. its not possible
Anyone that thinks we can keep doing this is retarded. its not possible
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03-27-2024, 08:10 AM
#3
this is why pensions are a scam. most dont even get to collect the tiny fraction they actually put into it
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03-27-2024, 08:11 AM
#4
Fink, who is worth an estimated $1.2 billion, notes that many 65-year-olds in the early 1950s didn't get a chance to retire because many had already passed away. In other words, he writes, more than half of workers who had paid into Social Security never got a penny because they died before they could claim the benefit.
How about if we die before we can claim benefits, the money we paid into it is given back to our families?
There really needs to be a guy elected to office that sets all these ****g0ts straight and goes full authoritarian.
Monster0ultra self proclaimed "Chad" face pic looks like vtech school shooter: https://i.imgur.com/z2m6Why.jpg
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03-27-2024, 08:11 AM
#5
Fuking jews. Can't believe these people rule the world…see below.
Eat My Shortz
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03-27-2024, 08:12 AM
#6
Originally Posted By BigBallsMcgee⏩
Yeah but their math in regards to hundreds of billions to Ukraine and Israel seem to be sustainable right….
because they can do math and realize it isnt sustainable.
Anyone that thinks we can keep doing this is retarded. its not possible
Anyone that thinks we can keep doing this is retarded. its not possible
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03-27-2024, 08:15 AM
#7
Jew scum will squeeze as much out of us as possible this is not surprising
03-27-2024, 08:16 AM
#8
the jews are starting to realize there aren't enough Whites to pay for all of the diversity pets that the jews have brought in.
03-27-2024, 08:16 AM
#9
Have you read the letter?
He suggests the Boomers work longer, and younger people today should be investing in capital markets so they don’t face the same problems the Boomers are today when we will likely live even longer.
He suggests the Boomers work longer, and younger people today should be investing in capital markets so they don’t face the same problems the Boomers are today when we will likely live even longer.
03-27-2024, 08:17 AM
#10
I would love if I didn’t have to pay into my SS every paycheck.
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03-27-2024, 08:17 AM
#11
Is Larry Fink part of the US government? Because he speaks as if he is.
03-27-2024, 08:18 AM
#12
Originally Posted By LuigiMiami631⏩
Good god! Someone hit it over the head with something.
Fuking jews. Can't believe these people rule the world…see below.
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03-27-2024, 08:20 AM
#13
Lost me at “worth 1.2 billion”
Nah bro I’m sweet.
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03-27-2024, 08:22 AM
#14
I don't think people realize how catastrophic the interest payments on the debt is. People keep retiring and stop paying income tax and we're going to have a budgetary crisis very soon.
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03-27-2024, 08:24 AM
#15
Originally Posted By dabbmw2002⏩
Well the average person being ushered in over the border is a drain on the tax system. The takers are vastly outnumbering the suppliers.
I don't think people realize how catastrophic the interest payments on the debt is. People keep retiring and stop paying income tax and we're going to have a budgetary crisis very soon.
03-27-2024, 08:25 AM
#16
Fuk 65, I'll be out at 55. Would be earlier if the Feds didn't hold my Social Security payments hostage.
**Misc. Pureblood Crew**
03-27-2024, 08:27 AM
#17
Originally Posted By 300Lane1⏩
What if you live until you’re 90
Fuk 65, I'll be out at 55. Would be earlier if the Feds didn't hold my Social Security payments hostage.
03-27-2024, 08:27 AM
#18
Originally Posted By JayJ350⏩
it's quite interesting as to what democrats' end goal is. with the illegals they get to stay in power but how will they strenghten the economy with the illegals that are used to hand outs. i doubt this will change in a generation or 2 as the parants will only teach them to leech
Well the average person being ushered in over the border is a drain on the tax system. The takers are vastly outnumbering the suppliers.
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03-27-2024, 08:30 AM
#19
Originally Posted By ithappenss⏩
The problem with socialism is you eventually run out of other people's money. California has been learning that lately.
it's quite interesting as to what democrats' end goal is. with the illegals they get to stay in power but how will they strenghten the economy with the illegals that are used to hand outs. i doubt this will change in a generation or 2 as the perants will only teach them to leech
03-27-2024, 08:31 AM
#20
Originally Posted By GnomeSaiyanBruh⏩
He’s still working at 71 though
Lost me at “worth 1.2 billion”
Charlie Munger was worth billions and worked up until his death at 99 lol
Warren Buffett is like 93 and still working, he’s worth $140billion
03-27-2024, 08:33 AM
#21
He's right, the US debt is $35tn, that's $100,000 for every man, woman, and child. $5,000 in interest per year for every man woman and child.
We've lived too high for too long, it's time to tax the rich and upper middle class.
We've lived too high for too long, it's time to tax the rich and upper middle class.
03-27-2024, 08:33 AM
#22
Originally Posted By JayJ350⏩
i guess the west has been sold out. Asia will be the place to be in the near future
The problem with socialism is you eventually run out of other people's money. California has been learning that lately.
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03-27-2024, 08:34 AM
#23
Originally Posted By JackyChin⏩
they're already targetting the middle class. they want it gone. they want the rich and those dependent on the state. the whole system is broken
He's right, the US debt is $35tn, that's $100,000 for every man, woman, and child. $5,000 in interest per year for every man woman and child.
We've lived too high for too long, it's time to tax the rich and upper middle class.
We've lived too high for too long, it's time to tax the rich and upper middle class.
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03-27-2024, 08:35 AM
#24
The fact rich people remind us everyday our existence is nothing but a tool to them, and we just go along with it is crazy.
They have a pretty strong hold on a lot of the population though.
Nothing will change.
They have a pretty strong hold on a lot of the population though.
Nothing will change.
I only read thread titles and my own posts.
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03-27-2024, 08:36 AM
#25
Originally Posted By Destor⏩
He’s still working at 71 though
Charlie Munger was worth billions and worked up until his death at 99 lol
Warren Buffett is like 93 and still working, he’s worth $140billion
Charlie Munger was worth billions and worked up until his death at 99 lol
Warren Buffett is like 93 and still working, he’s worth $140billion
These fools are absolutely not “working”.
Their money is working for them. An option the other 8B people on this planet do not have.
****ing lol at rich people working.
I only read thread titles and my own posts.
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PS: Don't eat poop, just don't let the idea of it stop you from living life to its fullest.
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03-27-2024, 08:36 AM
#26
I wish Larry Fink never got to see 65. World would be better off without him.
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03-27-2024, 08:36 AM
#27
Originally Posted By Destor⏩
That’s because he’s a fuking kike, and they always need a little more
He’s still working at 71 though
Charlie Munger was worth billions and worked up until his death at 99 lol
Warren Buffett is like 93 and still working, he’s worth $140billion
Charlie Munger was worth billions and worked up until his death at 99 lol
Warren Buffett is like 93 and still working, he’s worth $140billion
03-27-2024, 08:37 AM
#28
Originally Posted By ithappenss⏩
Upper middle class has huge tax breaks. Mega backdoor Roth, mortgage interest deduction. Preferential/deferred taxation of capital gains. The upper middle class got a massive handout 3 years ago with mortgages at 2.5%.
they're already targetting the middle class. they want it gone. they want rich and those dependent on the state. the whole system is broken
I agree those with an income below 100k are getting screwed but if you're above $150k you're still getting lots of breaks (speaking as one myself).
03-27-2024, 08:37 AM
#29
Originally Posted By JayJ350⏩
How do you explain that Socialist Israel will never run out of White Goyim's money then?
The problem with socialism is you eventually run out of other people's money. California has been learning that lately.
White 18-24 year old fit virgins with no tattoos and no debt=GOAT Women.
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