Work Until You Die

Submitted by gjohnsit on Wed, 10/26/2022 - 12:02pm

They are just coming out and saying it. Fuck You and your retirement.

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Submitted by usefewersyllables on Wed, 10/26/2022 - 12:16pm
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to finally just come out and say it.

I've always known this to be true for me. Maybe this will hit home for Joe and Mary Sixpack now, since the stenographers now have clearly been tasked with making the concept palatable for the masses... Shelling the beaches from offshore to soften them up and make it easier for the landing craft, so to speak.

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Twice bitten, permanently shy.

Submitted by gjohnsit on Wed, 10/26/2022 - 12:14pm

@usefewersyllables I know that I suspected this. You may have too.

The studies were based on the number of Pension Fund cheques sent to Boeing retirees. The Boeing experience was that employees retiring at age 65 received pension cheques for 18 months, on average, prior to death. A similar experience was discovered at Lockheed Martin, where on average, employees received pension cheques for just 17 months.

Apparently the experiences at Ford Motor Company and Bell Labs were similar to those of Boeing and Lockheed. Statistics at a pre-retirement seminar illustrated that the average age of retirement at most large corporations in the US was 57. So people retiring at age 65 are a minority, but it is still a startling statistic.

The thought is that the hard working late retirees (65) are more than likely putting too much stress on their ageing bodies and minds and due to the stress, they develop a variety of health problems. The associated stress induced health problems lead to them dying within two years of retirement.

Another startling statistic from the same Corporations is that those who retire earlier, say age 55, tend to enjoy their retirement on average for more than 25 years. The chances are that those able to retire earlier have less stress, have planned and managed their lives better, with respect to finances, health and career and are able to retire comfortably.

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Submitted by usefewersyllables on Wed, 10/26/2022 - 12:41pm
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@gjohnsit

The overall arc of government-managed adult life for the last decade or so has been "die sooner". Unless, of course, you have somehow amassed shitloads of cash.

In a nutshell, by putting in 10 more ‘hard’ years, after the age of 55, you could potentially forfeit 20 years of your Retirement. Or saying it differently, for every year you work beyond the age of 55, on average one forfeits two years of life span.

This revelation fits right in. All they need to do now is chop Social Security down to nothing, and all of us wastrels who didn't choose our parents well enough (or encountered a disaster somewhere along the way) will happily work ourselves to death on our own dimes, and not cost 'em a penny. There will be austerity, and we will like it- because we will be told by the propanographers that It Is Necessary To Protect Freedumb.

Jeez, didn't I just say something like that in another thread? I forget, because of my old stressed brain, I guess. Oh, well. Carry on...

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Twice bitten, permanently shy.

Submitted by gjohnsit on Wed, 10/26/2022 - 12:44pm

@usefewersyllables
It won't be a luxurious retirement, but I'll be able to pay my bills

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Submitted by usefewersyllables on Wed, 10/26/2022 - 1:08pm
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@gjohnsit

but keep a very good weather eye out, and don't blink. I was on a track to do much the same thing before the last crash, but ended up essentially wiped out and starting over in my mid-50s. Add a couple disasters to that, and it gets a little bleak.

So I'm in the last half of my 60s already, and the rebuilding process won't let me cash out until maybe 70 at the earliest, if then- and I have every reason to believe that I'm not going to make it that long. I've been eating my seed corn for a decade or so, already.

Let's hear it for those of us in the the die-at-our-desks generation. I know that I'm not alone...

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Twice bitten, permanently shy.

Submitted by Blue Republic on Thu, 10/27/2022 - 7:13pm

@usefewersyllables
alone...

Except that I'd much rather keel over out in 'my' field rather than behind a desk.

Can't afford a proper tiller so was out today preparing an area by hand for planting barley and snow peas. Nice sky, but chilly.

The other day I saw the owner of said field (she lets me and another foreigner friend use it in exchange for keeping the weeds whacked down) out in an adjoining rice field that had been harvested a few weeks prior. She was tying straw (to use as mulch, she told me later) into bundles and flinging them up onto the road next to the field - about head height for her.

She's *at least* 80 years old.

Seeing/listening to most Japanese politicians makes me want to smack them upside the head. Seeing these older farmer ladies makes me want to give them a big hug and pin a medal on them.

Anyway, nice to have positive role models around.

"If you have a right to respect, then other people don't have a right to an opinion."

- Thomas Sowell

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Submitted by earthling1 on Wed, 10/26/2022 - 12:50pm
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Retired @ 55 with reduced benefits but adapted my lifestyle. I'm now 73 and living large, at least by my modest standards.
And with a pair of new knees (got my money's worth out of Medicare), I have a new lease on life.
No doubt, they want me dead.

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Neither Russia nor China is our enemy.
Neither Iran nor Venezuela are threatening America.
Cuba is a dead horse, stop beating it.

Submitted by gjohnsit on Wed, 10/26/2022 - 12:53pm

@earthling1 He worked 30 years, and now he's been retired for 30 years.

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Submitted by QMS on Wed, 10/26/2022 - 1:09pm

some of the money I'd been paying into the system since the 60's.
Well folks, all those valuable dollars have somehow leached-out their worth.

The chicken feed I now get isn't enough to pay the bills. So have been keeping on
with the grind stone. Body is not happy, mind is not much better.

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Submitted by snoopydawg on Wed, 10/26/2022 - 3:06pm
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at age 75 because they no longer added anything of value to society. All they did was mooch off social security and drained Medicare because they are sick so often so why should they continue living? He was dead serious. Newsweek posted it for all to read.

I was on SSI for awhile and when I turned 62 they automatically transferred me to regular SS with no choice but to accept. Then they blitzed me with paperwork to sign up for Medicare, but nowhere in the forms did I see that I wasn’t eligible for it until I was 65. Good thing Covid hit when it did because the national emergency froze people on Medicaid even if they didn’t qualify for it. But I didn’t find out about that until 5 frantic months trying to tell everyone involved with it that I didn’t qualify. I had a slew of medical bills after I turned 62 that I didn’t want to be on the hook for paying back. Finally someone at Medicaid told me about the emergency. Phew! I had so much anxiety about that I couldn’t sleep.

IMO I should have been transferred to Medicare because people on SSDI get after some months or years after being declared disabled. But they are 2 programs funded differently. Medicaid is designed to keep people in poverty because of the limits on assets. In Utah it’s $1,300 and if you go above it by $1 you don’t qualify that month. Good luck trying to save extra to fix your car or house or just to have extra food. Yep designed to keep you in poverty.

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Which AIPAC/MIC/pharma/bank bought politician are you going to vote for? Don’t be surprised when nothing changes.

Submitted by mimi on Wed, 10/26/2022 - 4:33pm
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and not only that, you have to accept the lowest pay, work the worst hours, and kiss ass those who keep you in such dependency of those work conditions.

Expect the worst social unrest and civil war.

It is smart to not work at all.

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Submitted by Blue Republic on Thu, 10/27/2022 - 6:59am

No thanks.

Looking at how long those Boeing and Lockheed Martin retirees are collecting their fat retirement checks I'm more and more comfortable with having taken semi-retirement right out of college.

Not sure, but I may have invented the gig economy...

Pushing 70 and still working some - according to current projections I'll be able to fully retire at least 20 minutes(!) before I kick off.

Now how's that for beating the system?

(with apologies to Muhammed Ali)
"No Russian ever called me white supremacist, misogynist Nazi scum."
- Me

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Submitted by QMS on Thu, 10/27/2022 - 3:40pm

for the chits required to pay the bills is a tough choice.
Of which I am now wresting with. Have been independent
going on about 30 years now. Not greedy, therefore not rich.
The body is giving up pliability, so options are few.
One of my former subs suggested to me an offer to become a manager
at a large corp. Dangling $75K/yr at me as bait. That may help in
some ways, but the cost to my spirit? Oh woe. Die poor or die happy.

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