"CB" (jrcb) 11/10/2019 at 22:51 • Filed to: Ghostride the Blip

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I’m as old as me and I still work. Twenty four more years until I can retire!

facw > CB 11/10/2019 at 22:57

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I am also as old as me, but frankly I don’t work very well these days.

Full of the sound of the Gran Fury, signifying nothing. > CB 11/10/2019 at 23:07

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Hell, I’ve been longing for retirement since I started my first job 36 years ago. Twenty four more and I can possibly think about maybe considering retirement!

farscythe - makin da cawfee! > CB 11/10/2019 at 23:25

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30 years from now i get to discover theres no pension coz the assholes retiring now aint dead yet

CB > farscythe - makin da cawfee! 11/10/2019 at 23:32

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That’s a bit of my worry too.

farscythe - makin da cawfee! > CB 11/10/2019 at 23:34

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its a shit..

facw > farscythe - makin da cawfee! 11/10/2019 at 23:39

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I know a lot of people don’t like the switch, but this is one reason I’m happy that the US has largely gone from defined benefit pensions to defined contribution retirement plans. There’s a question as to whether those contributions are enough (spoiler: they aren’t at my current employer), but at least that money is mine, as opposed to trusting that my employers will still be around in 40 years, or that if they aren’t, our badly structured pension insurance program would still be solvent and able to pay out at the full amount.

Even for Social Security, which is our “safety-net” pension, they are going to need reforms (removing the payroll tax cap would be a good start) to keep the program solvent.

farscythe - makin da cawfee! > facw 11/10/2019 at 23:47

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i think my plan is to just not get old enough to need the shitty pension im saving for

(as i planned it i’ll probably live to be two hundred and seven  now)

facw > farscythe - makin da cawfee! 11/10/2019 at 23:53

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Well if you outlive your savings, you can take part in the time honored tradition of taking advantage of the fact young people are bad about voting to vote in higher taxes for them and more benefits for you (though I guess you’d vote in the UK, so maybe that doesn’t help you).

farscythe - makin da cawfee! > facw 11/10/2019 at 23:54

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im in the netherlands

we just raise the retirement age here.....67 now

facw > farscythe - makin da cawfee! 11/11/2019 at 00:01

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Yeah, do they let non-citizens vote?

There’s talk of raising the here as well, but it’s of course hard because while many people, especially in white-collar jobs can and do work longer than they did when the program was created, there’s a lot of people who wouldn’t physically be able to do their job at their age. Better to have the rich pay their full share of the tax (Social Security in the US has a regressive tax structure, though progressive benefit payouts) .

Dr. Zoidberg - RIP Oppo > CB 11/11/2019 at 00:03

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You’re as old as you?!

Existential Oppo

farscythe - makin da cawfee! > facw 11/11/2019 at 00:17

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if you live here you get to vote...least if you’re an EU citizen..not sure if that holds true for immigrants from outside the EU

atmo..the missus gets to vote but i dont.... im in somekinda voting limbo where i dont get to vote in the uk or here....i think ive moved between the two countrie s so much ive caused a paperwork fuck up

CB > Dr. Zoidberg - RIP Oppo 11/11/2019 at 00:24

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Well no one else is!

Except maybe my twin.