International Denmark to set retirement age to 70

[Prutfis]

i'm not necessarily disagreeing, but i believe today's society is clueless as how to deal with the younger generation. Parents included. first you raise the kid by putting an ipad in front of his eyes for the first 7 years of his life cause you're too busy, then you wonder why the kid can't understand the world unless it's in 10 second soundbites.

We have become the old men complaining about todays youth. Like our parents and grandparents etc before us.

 

[Kassitus]

there's hardly any jobs for young people.
what are old farts in their 70s going to do? that's another form of subsidy from the companies.

Assuming they havent gone blind or anything they are likely extremely skilled professionals who will have no problem having a job. If they are not and have to compete for low skilled jobs that will be a problem in many countries, especially where the proletariat have been undermined. Society has to solve that problem anyways though, it's not sustainable.

 

[JudoThrowFiasco]

If you're depending on public pension to retire, the age component is the least of you worries

 

[jk7707]

I get that and still want to retire before 70.

And how many millions of people in this country don't? That's the point.

 

[jk7707]

Why you are thinking that it is insanity?
Do you know how much % from salary they had earned is going for taxman?
Additionally yes, they does have generously financed education system .... Why? Because they are paying " beautiful " tax for their mortgage properties...." nice " VAT % tax for everything they are purchasing.
...
Yes, they does have good roads and a lot of patrol policemans... good healthcare if accident will happen etc.
From where? " beautiful " yearly tax for fact that you have car.... " nice " insurance payments for car etc.... real beauty and super " friendly " excise duties % for fuel you are purchasing.
Additionally very sharp fines for traffic rules violation.....
btw now in almost all european countries these fines are increased more and more...more $$$ to pay ...

So you are paying a lot...such " communism " yes.

Yes, they too are investing, trading etc, does use also private pension funds etc.

Mando vacation terms are for paid employees.

In general in europe if you are self employed, you might have a lot of clients not just one company etc...and no one will care have you vacation 1 day per year or maybe 6 months per year. Your problem...
Especially if you are working remote.as self employed..... cos this self employed means that you are business not employee.

I meant that as sarcasm.

The real insanity is the realistic US "retirement age" later, and for many, there are ZERO guaranteed paid days off at all.

 

[Stoic1]

They need the workers to pay more taxes. That's the truth.

 

[SandisLL]

Assuming they havent gone blind or anything they are likely extremely skilled professionals who will have no problem having a job. If they are not and have to compete for low skilled jobs that will be a problem in many countries, especially where the proletariat have been undermined. Society has to solve that problem anyways though, it's not sustainable.

If you mean extremrlly skilled professionals as some niche type specialists in field where exactly for such specialists today is high demand.... or they are top level resrarchers etc....


However I for example don't think that for example programmer with degree and commercial experience 15+ years under belt might be called as uneducated and inexperienced....

Still such kind of ppl too are complaining about difficulty to find next job....especially if they doesn't have job today. If you have job today ....it is easier to get next job somewhere....
Also you might be very good but if company doesn't have project where they needs to use you .... and current project you are working for had lost financing....
Sharp reality is that the higher is your contracted salary, the more expensive is to keep you on bench....
on bench is situation when company is keeping employee in period when doesn't have profit from him, for example doesn't have project .....however are planning to use you when they will get next project where you will be usable.
...

Yes, the older you are, more difficult to get next job as employee.

Additionally era when companies started to save money in hard times by laying off mainly junior and middle level specialists is GONE....

On top of this if they think that you will be too expensive, they might just not react when you will apply.

Also there are different crisises...for example we know how " easy " was for tourism specialists to find job during Covid era...
Also we had to see how " easy " was to find job for construction specialists and banks clercks ....in 2009 - 2010 th....

So nothing in future is warranted.
Ofc if you are some notary or working in morgue, funeral service company, graveyard...then yes, you always will have job...crisis or no, some demand always will be for such tasks.

 

[SandisLL]

It is not joke but real life; stuff I will post here.

When asked about most trustable option that person always will have job and salary always paid in time...
LoL, in real life I might list certain " companies " : morgue xy, graveyards a, b, c, d, e, f, crematorium z.
Because they during last 25 years never had reduced number of employes ...never.
Also good tax reports : tax from salaries ( income tax, social etc ) always had been paid smoothly...in time. So definitely salaries too had been paid smoothly and in time. 25 years in row
....

Ofc such jobs aren't dream job for everyone ...
However if stability is No1 priority then ____reality is reality.

 

[Deleted member 592570]

People are living to like 90 now. You spend your first 20 years dependent on your parents and then your last 30 dependent on the state? So you spend more than half your life taking.

That just doesn't work.

I have my own business so I never plan on retiring. I love what I do.

 

[SandisLL]

People are living to like 90 now. You spend your first 20 years dependent on your parents and then your last 30 dependent on the state? So you spend more than half your life taking.

That just doesn't work.

I have my own business so I never plan on retiring. I love what I do.

Do you know that so called state is taxing you since your first purchases in retail store? I think you were kid when first time had purchased something in retail store....

Then you maybe do not know 3 Tier pension system beauties and a lot of ppl does use private pensions funds.

Business? Ofc it is good but a lot of trouble and you should make savings if there will be problems....and you can't predict future.

Yes, we might argue that for example 2008/2009 crisis was easy to see and predict. Too much indicators for this to happen...........it is normal to tell that it was predictable stuff.

However for example Coronavirus plandemic shit?

Also if you have business, you are not independent. Your bosses are your paying customers, clients, you need them to have $ and to spend for stuff you are selling or for services etc...
You additionally are thinking about taxman, banks etc...

A lot of stuff.
Different contracts etc...

 

[The Servant]

Our 20th century mindset hasn't yet caught up to the medical advances of the 21st century. It's now entirely expected that people born now will live to 90+. The model of working for 40% of your life and being subsidized by someone else for the other 60% just isn't a logical model. The inevitable solution is that most people will retire at 75.

While people may be living longer their mental acuity and energy levels plummet as they age. A 70 year old would not he able to handle the attention to detail most jobs 35 year olds are working. I see people starting to check out in their late 40s and phone it in.

Idk what kind of roles you are expecting a 74 year old to work because if we put all those 70 year olds into the work force, what are they doing?
Finance? Working long hours on their feet in a busy kitchen? Doing excel spreadsheets?

What are they doing cuz I only see them as Walmart greeters

 

[Deleted member 449757]

A small first step into the right direction.

 

[Koya]

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

French are such entitled little bitches

No it was 64. Get your facts straight.

And I'd call them courageous to not let themselves be fucked by big companies who make billions upon billions of profits on the workers back.

 

[Koya]

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

Lmao. Is it satire?

 

[SandisLL]

While people may be living longer their mental acuity and energy levels plummet as they age. A 70 year old would not he able to handle the attention to detail most jobs 35 year olds are working. I see people starting to check out in their late 40s and phone it in.

Idk what kind of roles you are expecting a 74 year old to work because if we put all those 70 year olds into the work force, what are they doing?
Finance? Working long hours on their feet in a busy kitchen? Doing excel spreadsheets?

What are they doing cuz I only see them as Walmart greeters

Btw if about finances, some are working and even does have business or shares (%) in some company.
Board members, sr level bookkeeping etc...also financial advisors etc too happens.

Some from these old are using not only just excel, also MATLAB type stuff etc... specialized programms for accountants, traders etc.
Ofc not all can do this...however I do know such ppl, had worked with such stuff and we are using 60+ y.o accountant today, for bookkeeping too. Why to experiment if he is doing stuff 10+ years without problems for us...experiment?why.

--
There ofc it depends...but if he had used computers a lot since 1990 ies....and really even with just excel...
Excel is nightmare for accounting tasks.... torture....

It is beautiful tool for damn a lot of other, even very serious tasks.

Accounting .... there since 1990 ies more and more are used specialized programs ...for warehouses too.
However if someone had used excel some years for this...then he will be happy and quickly adapt to use specialized program.

As for Excel actually usually young students does not know even 10% from options and tools and for a reason.

If printed on A4 format pages...full tuts are approx >4 lbs...in weight.

I use excel too and had used since late 1990 ies... I do have some 3 or 5 books about this and downloaded tuts etc...
Yes, I don't have problem to use also macros etc..and still I sometimes lurk in Q/A, book or some printed pages... net ofc too.

As if about tools or programs, doesn't matter are you 20 y.o or 60 y.o and what kind of paper you have...

Of you for example have program for some task version x.s.xx. and will have now to use x.s.s.xxx ...to move to this with all data etc.
Sometimes it is press button. Sometimes it might be very hard task....


Like if you are even maybe programmer, tools does have different versions too. Compilators too. Libs etc are..mmhmm.

Yes, even very experienced specialists always are learning something and checking ....IF¿

Earlier was for example hype that if you will be programmer etc then easy money forewer.
And then when students get to see some 50+ y.o wealthy senior level specialist telling them : it is...always learning. Otherwise.....

 

[Kassitus]

While people may be living longer their mental acuity and energy levels plummet as they age. A 70 year old would not he able to handle the attention to detail most jobs 35 year olds are working. I see people starting to check out in their late 40s and phone it in.

Idk what kind of roles you are expecting a 74 year old to work because if we put all those 70 year olds into the work force, what are they doing?
Finance? Working long hours on their feet in a busy kitchen? Doing excel spreadsheets?

What are they doing cuz I only see them as Walmart greeters

Once the new reality is accepted society will have to refocus medicine away from improving lifespan and instead focus on improving healthspan. There are 100 year olds with excellent health, it mostly comes down to lifestyle. Those who do have significant degeneration at 70 will probably be stuck in low skill labor, washing dishes and such.

 

[SandisLL]

If about stuff that politicians maybe are dreaming to get helped by 70 y.o firefighters etc type specialists...I really can't imagine.
Maybe pilots too ¿

One from first reasons is that law requires for certai jobs to have frequent health check ups according to plan approved by lawmakers.
Plus yes, some does require regular S/C ....fitness tests too....

Firefighters too. In europe usually yes.

Plus health requirements for driver's lic for truck, passenger bus ...usually are higher than for just your car. Different category / class license.

 

[Darkavius]

People are living to like 90 now. You spend your first 20 years dependent on your parents and then your last 30 dependent on the state? So you spend more than half your life taking.

That just doesn't work.

I have my own business so I never plan on retiring. I love what I do.

Keyword there is you. You love what you do but even for many situations even if you love what you do I'm not sure the person can go until 70. A person may love cooking or cutting hair but it may not be best for business to have a 69 year old chef or a 69 year old barber. Also, some jobs just are not meant for 70 years old such as laying concrete.

 

[SandisLL]

I for example don't care are drivers 20 y.o or 70 y.o...however about their condition and shape yes...
If someone can't anymore and still will continue drive bus, large trucks etc...

We do have enough shit cos DIY and just idiots, now maybe will hope to dream about 70+ y.o passengers bus or heavy duty trucks drivers. Yes, some 70 y.o are doing this... however these are very small % of drivers.

Yes, sometimes some even 70 y.o had told: I don't have problems...yes, he doesn't have. Morning : 10-20 minutes to drive till office.
Evening : 10-20 to drive >home.

These doesn't imagine that to use car in city 7-8 hours in one day is....mhmm, different workload.

 

[cincymma79]

Not sure why this is controversial. Pretty standard to expect people to work longer as average life span increases. Danes also live to an average of about 83 while Americans are at around 79.

That’s why I want you all to keep getting fatter. I need all of you gone by retirement age