Reply to Why do people think Retirement Age is 65?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I mean plenty of people retire at 55. With good savings, most retire at 65 and [b]don't take social security until 67-70. 
[/b]
My parents paid COBRA until both of them were 65 and could get on Medicare. Medicare for all is a pipe dream. Older people need to get used to the thought that insurance will be $$$ for a few years. [b]They are, after all, heavy users of medical services[/b]. Everyone readily understands that people with kids 0-5 are going to pay $$$ for childcare. We save up for it and delay retirement/savings to be able to afford childcare (even if that's having a SAHM, it's still expensive).[/quote]

Where does all this ignorance come from ????

Most people take SS benefits at 62.  Simply because employers practice age discrimination and once laid off, becomes exceptionally hard to be hired at a similar pay range.  That and health reasons are why most take it at 62.  That is the number one reason why retirees are living in poverty.  We work a lifetime paying for kids and college.  It's not until 55 that we have the kids out of the house and can begin saving for our retirement.  That's exactly when employers start the discrimatory layoffs.

[b]I have worked (55) FIFTY FIVE YEARS paying Medicare at 1.45% of every dollar of my w-2 income.  MY healthcare should be paid for. [/b] Not some lazy young kid with no motivation that has never earned his way.  [/quote]

Except that I am happy to pay for everyone to be covered, including lazy youngsters, via my taxes.  The rest of the developed world manages to do it, because their lawmakers aren't beholden to insurance companies.[/quote]

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