Thats why i do my retirement now, making sure i get my 10-20 years of free time now, cuz idk if i even make it to 70.
Yeah best decision I made was dropping out at 17 and play games, then around 21 get involved with an underground soundsystem with a full Funktion one rig and rave for 4 years
Nowadays money is meaningless and just stacking since material goods hold little value in my eyes.
Fuck the system
We need a general strike and we need it yesterday.
Anything but taxing the rich.
They will couple the retirement age to life expectancy and this parameter will drop in future. I’m pretty sure we are currently around the peak value of how old the average person will get. Climate change will result in millions of premature deaths every year worldwide. Heat waves will get much more deadly, more pandemics, more extreme flash floods, tornados, storms will kill additionally. Fungi already kill a lot of old people and nobody really knows that or cares about it, despite the WHO’s warning of 8 very harmful species of fungi and their urge to invest more in prevention. Global food and water supply will get pretty precarious. More toxins accumulate in the environment. We see more wars and violence, less stable economies, more social unrest… How can any sane person expect people will live longer under those conditions? Just because conditions have improved for decades doesn’t mean it will never get worse again.
Are you sure they are gonna implement something smart like that? Your enthusiasm is refreshing tho.
To be fair pension with 70 in 2090 might actually be a decent idea, but way too far into the future to plan for anything.
The real headline should be the end of pensions with 63. The most births after WW2 in Germany were in 1964. So they could start to retire next year. That obviously is going to stress the pension system. However it also means that the baby boomers are at an age, where death is much more likely. So this will be naturally solved in a decade. However obviously the labour market is going to be worse for employers.
Good.
Why?
Because the current system is unsustainable and if it isn’t adjusted, it can only end in a disaster.
it can only end in a disaster.
Having to work until you are fucking 70 already is a disaster
My body is aching, and I’m not even 40. Couple of weeks back I listed something not that heavy, but my back went out and I could not walk for three days (all fine now). Knowing that I might not be able to work until I’m 70 the cist of living etc., there’s a high probability that I’m going to take my own life. It’s been fum while it lasted, though.
Save up and get out if you dont like your job. I know someone who stopped at 50 and now just works as a skiing instructor and wine farmer
Just stop being poor
– you, apparently
He certainly isn’t wealthy, but he enjoys this lifestyle much more. Small car, no big journeys, no house, … but constantly doing something he likes
And people are getting older (and stay healthier). Something has to give. Boomers are the largest generation in German history. Since then every generation has shrunk. Fewer workers have to support more retirees. We have been seeing this demographic shift coming and still have taken on more and more dead. And yes, I desperately want the rich to pay taxes, but that alone will not fix the issue. Not by a long shot.
A few people have so much money, they could easily pay for elderly support and rent if you tax them
But no, let the poor idiots work till 80… you see how this is wrong?
boomers aee already mostly retired you idiot
its us who will pay for their early retirement while we wont get the same
and since we will work forevrr, our kids won’t have kids because they have no grandparents to support them during their retirement
nobody will care for us when we are old
Eliminate the contribution cap. Instant 20% increase in available pension budget.
Why is it currently unsustainable?
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Because 50% or your salary are instantly taken out of your paycheck for other taxes, which you cannot invest in your own savings or towards your own house?
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Because Germany does not let foreigners in to work and contribute to the retirement fund, because foreigners are very scary?
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Because taxing the rich and preventing tax fraud would instantly increase the budget by a few billion euros that could be given to the retirement fund?
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Because rents and home ownership are unaffordable because a lot of homes are in the hands of investment firms and rich people who try to get the most money out of renting, leading to raising costs that eats more than 50% of the renters remaining income each month?
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All of the above?
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