ANSWERS: 29
  • no, not at all, the govt. should make it so older people can afford to retire, a lot of older people want to retire but can't make it without working...
  • I totally reject that idea. I'm 62 and have at least 10 good years left. I'm good at my job, possibly the best in our area, like my job, and the Bush recession took the gains from my savings. Why should I live in poverty to make some kid that doesn't work as hard, or as well as I do?
  • Younger workers? HAHAHAHA! Now that's actually funny. I don't know anyone in their 20's that wants to do any actual physical work. Most of them can't make change in their head. none of them has ever heard of a micrometer. They work in fast food joints and call themselves cooks. They think they're gonna make $500,000 a year as the C.E.O. of an internet based business. They all want to draft the plans but none of them want to break their backs constructing anything. Granted there are a few out there that have a strong work ethic but most of them cringe at the thought of getting their hands dirty. They lack experience but think they can do a better job. Sorry for the rant but this has been my experience with younger workers.
  • oh god................ I hope that doesnt happen:(.........
  • In certain cases that already happens. For example, in the UK Police the maximum age is 55, at which point retirement is compulsory.
  • Everyone needs to make a living. How are those forced to retire going to provide for themselves?
  • I think that age is to young..and no nobody should be forced out..if they give people at the age of 60 a option to retire that would be better..
  • If your health is good and you can do your job to the requirements then work till you cant
  • The average citizen on social security makes under 800 a month. This will not pay half the bills a person has unless they are lucky enough or have no choice but to live on assistance. It is sad that workers who have busted their arse for 40 years can't even live. How are they supposed to live if they are forced to retire and honestly I have met very few people under the age of 30 that really want to work. I had a friend who recently moved and wanted someone to help her clean out her van(she's disabled). They wanted $50.00 for 10 minutes of work. One of them told her that would be too much and he would have to sweat.
  • I don't think anyone should be forced out of a job merely because of age. People are healthier and live longer and can continue to be productive well past their 50's if they choose to do so. The problem is companies want to get rid of older employees to reduce salaries/wages (as younger workers are paid less) and to reduce benefits being paid (402k's, health benefits etc). It is discriminatory and illegal for a company to do so in the US. Further, most companies no longer provide a pension or health benefits once an employee retires. Many people cannot afford to not work. Social security in the US does not provide enough and that system is currently underfunded. Bear in mind, social security does not begin until 62 years of age at the earliest and at a reduced amount. There also is the issue of knowledge and experience which is lost if older employees are replaced with younger employees.
  • Who would pay to keep these older citizens alive? The experience loss would be too great.
  • No... My reasons: 1) That's ageist. 2) The country could not afford to financially support all of those over the age of 50 in their retirement. Taxes would rise dramatically, money for other public services may fall. 3) How dumb would it be to sack an excellent director or professional in favour of someone with no where near the level of experience, intelligence and maturity? Profits/efficency may fall. 4) There will probably be a whole load of jobs which younger workers may not want to do, may not be qualified to do, or jobs going spare. 5) Related to point two, that would be even more stupid in an ageing population.
  • NO. What kind of reasoning is that? Oops, answered twice.
  • No. It's a good idea in theory, but it wouldn't work financially and some people don't want to retire early.
  • Forced retirement for people in their 50s would flood our work forces with too many inexperienced young workers. We need the 50ish people in the work force to help train the younger workers and help these young people acclimate themselves to the demands of production, accountability, and stabilization in the workplace.
  • not at all. there are plenty of jobs out there, the problem is that our state of economic slavery has all entry level workers taking 2-3 of them just to survive. decrease wage polarity, and fire less effective 6 figure employees (and executives) with greater ease than you fire a burger flipper... this will end the job shortage because most people would be satisfied with the living wage one job could provide. here is a bit of biblical wisdom that the modern bussiness world had decided is incorrect. 1 corinthians 12:21-22 "And the eye cannot say unto the hand, I have no need of thee: nor again the head to the feet, I have no need of you. Nay, much more those members of the body, which seem to be more feeble, are necessary." the head has said to most of the body the body "I have no need of thee, if you want more money become a head" 1 cor 12:14-17 talks about that "For the body is not one member, but many. If the foot shall say, Because I am not the hand, I am not of the body; is it therefore not of the body? And if the ear shall say, Because I am not the eye, I am not of the body; is it therefore not of the body? If the whole body were an eye, where were the hearing? If the whole were hearing, where were the smelling?" these passages of scripture are even more true to the bussiness world than they are in religion the 50+ generation has been underpaid almost as much as the younger generation. yes they will mostly see a retirement, but it will be a working retirement needing part time jobs to suppliment the little money they were capable of socking away by age 65. unless something changes my generation will have no retirement having to work just as hard until old age and body abuse hospitalizes us. all this so the elite few can have their own private jets instead of flying commercial.
  • No one should be forced to retire. Just read of a 95 year old woman still working and loving it.
  • terrible idea. with no 50 year olds working, we would lose valuable experience needed to run the world.
  • Everyone has the right to work or retire at their leisure, and from what I've seen, older people sometimes hold jobs that require a much higher degree of education. "Would you let in a dog that wasn't house trained?"- Hobbes from "Calvin and Hobbes"
  • NO, BUT IF YOU YOUNGER PEOPLE WANT THEIR JOBS, THEN I SUGGEST YOU PAY THEIR HOUSE PAYMENTS AND TAXES, SO THEY'LL BE ABLE TO AFFORD TO RETIRE AT 55. SOCIAL SECURITY DONT PAY UNTIL YOUR 62.5 YEARS OLD AND FULL S.S. AT 65. SO ITS UP TO YOU YOUNGER PEOPLE.
  • No because you cant collect social security yet.and you cant get medicade either .do you know what health insurance costs.
  • NO ONE should be FORCED to retire from their job IF they are able to perform their job with the same ability that they have used in years past ..except perhaps a LITTLE slower ... What are they to live on when being FORCED out of work ?
  • Lord, no - they've been watching their 401Ks dwindle down and don't know if Social Security will even be around in ten years. They're even more scared than the young'uns, since they don't have much time left to make up the shortfall.
  • Considering the fact that you can't start to collect full SSI until 65, no
  • please-the trouble is that is the age group that has the expertise and experience- the other is its the largest generation-and even worse how could it be paid for
  • sure, if all those young whippersnappers wanna contribute to their expenses!!!!!!!!!!!!!!!!!!!!!!!!
  • That is just one reason why some countries in Europe like Greece and France have financial problems. Most people in the US do not even think of planning for retirement until in their 50's. I started saving earlier, but in my 50's thought I would need to save 30% of my income from there on out. Fortunately I was at least saving 22-23% of my income because before I had saved nearly as much as I planned, I lost my job at age 63.5 Nov 2015 due to company downsizing. And even though I lost $40,000 cashing out my 401k to transfer it to my IRA Feb 2016, I learned investing and have gained more than I have withdrawn from my IRA since Jan 2016 while not collecting social security yet. My intention is to hold off on SS another 5 years until age 70 to reduce tax on required minimum distributions.

Copyright 2023, Wired Ivy, LLC

Answerbag | Terms of Service | Privacy Policy