why planning to work longer is not going to work

[mathjak107]

Originally Posted by skeddy

tell the wife to use the original Pledge, not the lemon, your clothes will smell better ...

[beach43ofus]

My planning to work longer is just going to cause me to pay huge penalties against my future SS income...I'm too young to start collecting now.

My income is too much to start taking SS at 66.5 when I'm eligible...they'll whack me in penalties.

Good problem to have, but I think it stinks not to give my my own money back because I'm still making a lot of money.

[Ralph_Kirk]

Originally Posted by mathjak107

actually people do need someone to present reality to them evidently.

survey after survey has them saying they will work to various older ages .

however follow ups show most never do

The government is saying so as well, even in the face of industry wanting old people out.

And there is a health threat looming over X-gen and younger posed by the bad food environment and eating habits that became "normal" in the 80s.

[Wile E. Coyote]

Originally Posted by Ralph_Kirk

The government is saying so as well, even in the face of industry wanting old people out.

And there is a health threat looming over X-gen and younger posed by the bad food environment and eating habits that became "normal" in the 80s.

I have heard it saves them money on their health insurance because getting older people out of the company insurance improves their risk profile. I mean besides the fact that younger people think that older people should just hurry up and die already...

[Ralph_Kirk]

Originally Posted by Wile E. Coyote

I have heard it saves them money on their health insurance because getting older people out of the company insurance improves their risk profile. I mean besides the fact that younger people think that older people should just hurry up and die already...

Boomers gain some advantage because we were at least adults by the time we started tearing out systems down. Younger generations started out bad and will become decrepit much earlier. I may still be alive and lifting weights when my son dies of diabetes or stroke.

[DaveinMtAiry]

Originally Posted by Mightyqueen801

Commuting was $400+ a month for me when I retired in 2016. Now back to work FT for a while, between the senior fare, about half price, for the train, and the miracle of hybrid/3 days in office, 2 wfh, it's not nearly as painful.

That's great to read, I'm glad for you. But for those of us with a car who commuted 5 days a week the costs would not go down, only up as prices rise.

[Rocko20]

Originally Posted by mathjak107

working longer is not our choice . its a choice determined by our employer , the economy , our health and the health of those we are responsible for .

This is true. Which is why some people must be willing to retire abroad if they can't afford retirement in America.

[mathjak107]

Originally Posted by Rocko20

This is true. Which is why some people must be willing to retire abroad if they can't afford retirement in America.

or golden girl it as it’s called.

no one is guaranteed they can afford to live alone

[mathjak107]

Originally Posted by Wile E. Coyote

I have heard it saves them money on their health insurance because getting older people out of the company insurance improves their risk profile. I mean besides the fact that younger people think that older people should just hurry up and die already...

once an older employee reaches 65 they have to take medicare part A so that is a big plus for a work place insurance company , who now has a partner in your health care

[Ralph_Kirk]

Originally Posted by mathjak107

once an older employee reaches 65 they have to take medicare part A so that is a big plus for a work place insurance company , who now has a partner in your health care

It's not enough of a plus for them to keep on older workers if they have developed a policy of forcing out older workers.