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Forum » Black Rock CEO, Larry Fink (JEW) states 65 year retirement is "crazy"
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Thread: Black Rock CEO, Larry Fink (JEW) states 65 year retirement is "crazy"

post 1699807283 03-27-2024, 05:58 PM
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#91
  1. Dave22reborn
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Originally Posted By Maestro⏩
Probably not. If you're a ditch digger in your later years you're probably not that good with money....or you went to jail, and simply don't qualify for anything other than back breaking tradie labor.

I think people often forget that the preceding generation before the Silent Generation had a 90% Elderly poverty rate. That is one of the reasons SS was created in the first place.

so should we turn into China and just let old people die for the sake of the economy?
What do you think would happen to pensions, if everyone who collected one lived to 100?
post 1699808053 03-27-2024, 06:13 PM
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#92
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Originally Posted By 300Lane1⏩
I agree with you in that it should be cut completely, but that's never going to happen. A small cut in benefits is what WILL happen at some point though.
It wont happen because nobody has the balls to do it. The can will be kicked down the road until the system totally implodes.
post 1699808583 03-27-2024, 06:26 PM
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#93
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Social security payouts are already forecasted to drop. The payouts right now are being funded by a mix of new money coming on and the social security trust fund, which is somewhere north of $2trillion but is forecasted to be depleted by 2033. When the trust fund is depleted, that will force a reduction in payouts.

And prices will be higher in 2033 than they are today, because inflation.

Social security also supports a much wider group than just retired people
post 1699837163 03-28-2024, 09:18 AM
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#94
  1. Maestro
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Originally Posted By Dave22reborn⏩
What do you think would happen to pensions, if everyone who collected one lived to 100?
but we're not living to 100. Life expectancy actually dropped.
post 1699843153 03-28-2024, 11:27 AM
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#95
  1. Dave22reborn
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Originally Posted By Maestro⏩
but we're not living to 100. Life expectancy actually dropped.
One in three of today's babies will live to see their 100th birthday, according to latest estimates.

https://www.ons.gov.uk/peoplepopulat...100/2016-01-14

An article from 2016.

Now, for example, many cops who stay till they are forced out, die a year later. But if they lived to 90-100, the city would lose its mind, and probably get rid of pensions, or lower the rate.
post 1699843293 03-28-2024, 11:30 AM
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#96
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During the recession they were trying to get people to retire early, now they want us to keep working.
post 1699843673 03-28-2024, 11:39 AM
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#97
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these rat ****s just dont stop
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post 1699844343 03-28-2024, 11:55 AM
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#98
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The lessons of compounding interest should be stapled to every high schoolers forehead, feel really bad for those who dont know. The back 9 are going to lean.
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post 1699844433 03-28-2024, 11:56 AM
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#99
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So many of you are broke in your late 20s, early 30s, living at home, and you're already talking about retirement?
post 1699859663 03-28-2024, 05:44 PM
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#100
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LogicalLifts always negs me when I mention the chosen ones, is he a New York jew?

Mog me? I was born and raised in New York you cuck, you are a transplant who would get destroyed if you ever dared to venture into the neighborhoods I grew up in
post 1699860943 03-28-2024, 06:17 PM
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#101
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Originally Posted By Islandboyo⏩
I was born and raised in New York you cuck, you are a transplant who would get destroyed if you ever dared to venture into the neighborhoods I grew up in
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