Russia to raise retirement age above life expectancy

[RetiredSlave]

Ilya Yashin better be really fucking careful.

 

[Feniamin]

I mean that instead of having the kid you take the cost savings and invest it along the way. Should be a bundle come retirement.

It's Russia so your bank can went into bankruptcy like 30 times before it will be retirement time for you.

 

[Anung Un Rama]

To be fair in 1950 the social Security age in the US was 65 and US Male Life Expectancy was 65

When the Social Security program was initiated in 1935, the average life expectancy was 61 years old. Considering that the average age for retirement has remained consistently around 65, beneficiaries in the early years of the program were receiving payment for a much shorter time.
https://web.stanford.edu/class/e297c/poverty_prejudice/soc_sec/hsocialsec.htm