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Originally Posted by blankall
Seems like a reasonable, yet likely to be unpopular move. They're too many aging boomers and life expectancy continues to rise. Either you raise the age of retirement or give people less money per year after retirement.
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Quote:
Originally Posted by MoneyGuy
Moving retirement age from 62 to 64? Big deal. I think it’s been badly handled but the idea is sound.
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There was a guy one time who said the same thing 'round these here parts.
I believe they called him Steve.
I know it sucks, but sometimes you have to make moves like this. Macron isnt proposing this because its fun, he's proposing it because it'll keep the French Pension system solvent.
And the Generation that paid into that system that want what they were promised? When promises are too good it becomes almost inevitable that there are going to be strings attached at some point.
So take a good look...our Pension system isnt all that far off.