Reply to did your parents retire yet?

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[quote=Anonymous][quote=Anonymous]Yes, they retired 20 years ago. My mom passed away last year and my Dad is probably not going to last the next year.  Dad retired at 65.

I cansee that as we go along, later retirements wil be the norm.  The 65 age for retirement was set at a time when the expected age of death was near 65.  Now it is close to 80.  There is no reason wh it shouldnt be raised to 72 or 75- at least for pension and  social security payments. [/quote]

You don't know what you are talking about.  Infant mortality used to be a lot higher so the "average" lifespan was a lot shorter.  Life expectancy [b]at retirement [/b] has not changed nearly as much as life expectancy overall, and people anticipated that life expectancy would increase in the future.

Alos there are plenty of other reasons why the retirement age shouldn't be raised-- maybe if you sit an office all day pushing paper you can keep doing that into your 70s but a lot of people have hard difficult jobs.[/quote]

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