What should retirement age be?
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  What should retirement age be?
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mileslunn
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« on: August 02, 2023, 09:18:10 PM »

After recent French riots over raising retirement age, what do people think it should be.  Should it be a fixed age or should like Social Security have a range where can retire early for reduced payout and work longer for increased?

I personally think it should be around 70 unless working in manual labor jobs where younger.  At same time I would allow retirement as young as 65 for reduced payout and as high as 75 with higher payout.  I believe mandatory retirement should be illegal unless its a job where creates risk such as pilot (they have mandatory).  Raising it should give at least 10 years warning so won't impact those near retirement and rise 2 months per year.  For US, it would hit 70 in 2045 while for Canada where I live it wouldn't hit that until 2063.
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Antonio the Sixth
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« Reply #1 on: August 03, 2023, 11:06:19 AM »

It should depend on the type of work, but generally we should have to guarantee everyone 15-20 years of life expectancy after retirement.
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Del Tachi
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« Reply #2 on: August 03, 2023, 02:38:52 PM »

Probably something like 72. 
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Santander
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« Reply #3 on: August 03, 2023, 02:45:07 PM »

Businesses should be allowed to set their own mandatory retirement ages. For government jobs, it should be 60 in the military and 65 in civil service.
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dead0man
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« Reply #4 on: August 03, 2023, 06:55:17 PM »

When you've made enough money to retire.  The govt shouldn't have anything to do with it.
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President Johnson
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« Reply #5 on: August 05, 2023, 02:00:19 PM »

I'd more inclined to have a flexible retirement age after an x number of working years. Also depending on profession. Someone who started his first job at 18 on a construction site needs to retire in his early or mid 60s. Someone entering an office/management job after university, starting in your late 20s, should be able to work until lat 60s or into the 70s.
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John Dule
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« Reply #6 on: August 05, 2023, 05:33:44 PM »

Whenever the individual wants.
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