Germany is weighing sweeping pension changes, including raising the retirement age to 70. Meanwhile, football fans are celebrating after the men's national side qualified for the World Cup knockout stage.
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.
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.
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?
Because Germany does not let foreigners in to work and contribute to the retirement fund, because foreigners are very scary?
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?
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?
Because the current system is unsustainable and if it isn’t adjusted, 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
– 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?
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?
Because Germany does not let foreigners in to work and contribute to the retirement fund, because foreigners are very scary?
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?
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?
All of the above?