Originally Posted by
2StgTurbine
Are you just trolling? What don't you get? Here is an example. Let's say right now if I make it to 65, I retire at 5%. If the retirement age moves up to 67, to get to that same seniority level of 5% means I need to work longer than I planned (67 instead of 65). If I still retire at 65, that means instead of spending my last few years at 5%, I am at 10%. That means age 67 negatively affects everyone younger than those who are 65 right now. Either they work longer than planned to get to the same seniority, or they give up that seniority. Do you really not understand this? If so, I strongly question your cognitive abilities.
You are NEVER forced to work longer. You can retire whenever the eff you desire.
When the next black swan event results in 25% furloughs, loss of pension, bankruptcy, and 10-15 years to recover, you will appreciate an age 67 retirement opportunity. New hires now making more than I made in year 4, get no sympathy from me. Those hired before me that started over from nothing after PanAm, Eastern, Braniff, etc., and went through a strike in 1985 had it even worse.
Ask me how I know.
Age 67 is going to happen. Best come to grips with it and enjoy your career of choice.