International Denmark to set retirement age to 70

[F1980]

Won't be long before we do the same here in the US. I suggest starting 401k at 21, soon as possible and put in a lot just so you can retire at 62 and be comfortable.

 

[Stoic1]

Someone gotta pay those immigrant benefits.

 

[Vampire life]

They almost burned France to the ground when they made it 59

French are such entitled little bitches

 

[cottagecheesefan]

Trump did this by gutting their entitlements!

 

[TeTe]

Younger people better start saving accordingly. Zero fucking chance id work that long... Let alone to rely on the government. Especially because they have socialized medicine. I want to retire by 60... But the only thing that might hold me back is insurance coverage.

If I lived there? Id be out of the workforce by 60. Fuck telling me I have work my whole life. Nothing is guaranteed, life expectancy be damned.

 

[Flower2dPeople]

Younger people better start saving accordingly. Zero fucking chance id work that long... Let alone to rely on the government. Especially because they have socialized medicine. I want to retire by 60... But the only thing that might hold me back is insurance coverage.

If I lived there? Id be out of the workforce by 60. Fuck telling me I have work my whole life. Nothing is guaranteed, life expectancy be damned.

Just make @lsa a mod already.

Make him move and shut down threads til his 70.

 

[llperez22]

I hope to retire by 55 (im 43). 70 seems pretty crazy.

 

[no fat chicks]

Expect more of this across the western world. Our economic structure was set up for infinite growth. It's going to bite us in the ass.

 

[Yehudim]

Someone gotta pay those immigrant benefits.

Well I would imagine it’s actually for the generous social democracy they already had. Somebody has to pay for it. I remember reading years ago that a lot of the Northern European nations have a huge amount of young adults not working because they have a welfare system they can fall back on.

So if people are fucking around in their late teens, early twenties, pushing retirement to 70 kind of makes it so that they’re working the same as everyone else.

 

[jk7707]

They also get 5 weeks of paid time off per year. It's almost like you get to enjoy your life while you're young and able to do what you want. Insanity!

 

[scoopj]

I’ll be working till I’m about 70. Thankfully I like my job and get a fair amount of time off, but yeah, having 4 kids delayed my retirement a bit lol.

 

[nostradumbass]

Well yeah, when you're below replacement birth rates and already have ludicrous taxes, there aren't many other ways to stay afloat than to cut benefits or force people to work longer.

I would say you shouldn't count on the government for anything more than a supplement to your retirement, but the average take home pay after taxes in Denmark is barely over $30k even with a decent job, so you can't really save much either.

 

[White Whale]

People should work to their 80's having purpose extends your life. Quit complaining and get back to work.

 

[gentel]

Dang, Denmark is usually super progressive

 

[jimmas99]

They need more immigrants to replace the workforce. The US knows whats up in that department.

 

[Fox by the Sea]

Awful way to look at life. Not as a human being but as a cog in the workforce camouflaged as a nation. No real values that might come in contradiction to the overarching mandate of the shareholder.

 

[Otto!]

I hope to retire by 55 (im 43). 70 seems pretty crazy.

Best of luck! I retired at 55 four years ago and I haven’t looked back. My days are just as full as when I used to work.

 

[KnightTemplar]

Why do I suspect politicians and senior civil servants will still be able to retire a lot earlier, with an index-linked pension?

"All animals are equal, but some are more equal than others".

 

[Wrath of Foamy]

Awful way to look at life. Not as a human being but as a cog in the workforce camouflaged as a nation. No real values that might come in contradiction to the overarching mandate of the shareholder.

Yeah, I think that's pretty much everywhere.

 

[Vampire life]

I hope to retire by 55 (im 43). 70 seems pretty crazy.

And do what exactly?