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Ivana Humpalot 12-26-2019 02:32 PM

67,68, or even 70
 
Watch CNBC with Phil LeBeau saying serious discussions about raising retirement to 67. 68, or even 70.
Said people are living longer in better health. This getting crazy. I'm sure some senior guys with lots of toy payments and 4 alimony payments might jump at it but this is getting to be ridiculous.:mad:

pangolin 12-26-2019 03:02 PM

I’d like 67 personally. But that’s me.

Erroneous 12-26-2019 03:21 PM

Flew with a CA who asked everyone he saw if they’d heard anything about age 67 happening. Proceeded to spend 3 days telling me how good it would be for me. On day 4 I asked him how age 65 affected him. His response was a 30 minute diatribe about how it screwed him over. I believe the only reason he stopped was the look on my face. To his credit he immediately changed his tune about the benefits to everyone.

TransWorld 12-26-2019 03:37 PM


Originally Posted by Ivana Humpalot (Post 2945549)
Watch CNBC with Phil LeBeau saying serious discussions about raising retirement to 67. 68, or even 70.
Said people are living longer in better health. This getting crazy. I'm sure some senior guys with lots of toy payments and 4 alimony payments might jump at it but this is getting to be ridiculous.:mad:

Was this for Social Security full benefits? It is already going up to 66.5. Or was it for Pilot mandatory retirement?

Back when Social Security was established, the ages 65 and 62 were selected. 65 was the average age of death for women. Men only made it to 62, on average. So the odds were you would never get any benefits.

In 1900, the average life expectancy for men in the US was 45.

Brillo 12-26-2019 04:47 PM


Originally Posted by TransWorld (Post 2945573)
Was this for Social Security full benefits? It is already going up to 66.5. Or was it for Pilot mandatory retirement?

Back when Social Security was established, the ages 65 and 62 were selected. 65 was the average age of death for women. Men only made it to 62, on average. So the odds were you would never get any benefits.

In 1900, the average life expectancy for men in the US was 45.

That low number (45) is a bit misleading. A couple hundred years before that life expectancy was in the 30’s. But it’s not like everyone was keeling over at those ages. If you lived to adulthood you would probably live well past those ages. They had many “old” people back then who weren’t just randomly lucky. What brings those numbers down is the insane infant and child mortality rates. With so many dying prior to age five from all those diseases that we don’t have to worry about anymore, it skewed the number way down.

BOGSAT 12-26-2019 06:52 PM

https://www.smithsonianmag.com/smart-news/us-life-expectancy-drops-third-year-row-reflecting-rising-drug-overdose-suicide-rates-180970942/

Actually we should be dropping the age back towards 60.

TRZ06 12-26-2019 10:18 PM


Originally Posted by Ivana Humpalot (Post 2945549)
Watch CNBC with Phil LeBeau saying serious discussions about raising retirement to 67. 68, or even 70.
Said people are living longer in better health. This getting crazy. I'm sure some senior guys with lots of toy payments and 4 alimony payments might jump at it but this is getting to be ridiculous.:mad:

"some" won't jump on it? MOST will definitely jump on it. Forget your reasoning though. Who wouldn't like to retire with a million more in their pocket?

Signed Senior Guy.

135tankerdriver 12-26-2019 10:34 PM


Originally Posted by Ivana Humpalot (Post 2945549)
Watch CNBC with Phil LeBeau saying serious discussions about raising retirement to 67. 68, or even 70.
Said people are living longer in better health. This getting crazy. I'm sure some senior guys with lots of toy payments and 4 alimony payments might jump at it but this is getting to be ridiculous.:mad:

You mind sharing the link?

SD3FR8DOG 12-27-2019 12:59 AM

There’s enough space cadets in their early 60s that need baby sitting.

Varks 12-27-2019 06:30 AM

I would love to retire today but certain factors will make me stay longer. Healthcare is a huge issue for me. Even if I go to 65 and have Medicare, my spouse is 4 years younger than myself and when I start to add up that cost I will stay longer than I want to. Bid back to 787 FO and fly maybe 60 days a year for $200k. Easier to stay.

I would guess some airlines are pressuring the FAA to change the rule.


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