alt.hn

3/25/2026 at 2:49:12 AM

Primary School Children Face Having to Work Until They Are 75

https://www.thetimes.com/money/pensions/article/primary-school-children-work-until-75-retirement-2v5xbrdmf

by karakoram

3/25/2026 at 5:31:44 AM

I'm a genx'r and working until death is my best available option.

Homeless retirement is the alternative. In fact it was my likeliest future until a just a few years ago.

I currently live with my 4 adult sons. In our 4-income economy, it's the only way each of us can stay housed.

by WarOnPrivacy

3/25/2026 at 9:14:40 AM

This is a certainty as absolutely nothing will change over 60-70 years. Politics and economics are immutable constants, just like the speed of light! Nostradamus was right! The Mayan calendar nailed it!

...These longterm forecasts are useless.

by yabutlivnWoods

3/25/2026 at 3:14:24 AM

If you steal from the young for pensioners, you eventually run out of young people to pay for pensioners.

by toomuchtodo

3/25/2026 at 4:28:41 AM

Pensions should be banned. The entire notion of a guaranteed income is unrealistic and incredibly expensive. People need to save and manage their own spending and savings responsibly. Taxes for redistribution make sense within some range of policies but simply telling people they’ll be guaranteed a certain income? With various loopholes to maximize pensions? It’s no surprise that many pension funds are in the red.

And the pensions mentioned in the article are an example of this. It mentions that two workers supporting each pensioner is a problem. How? If that’s the case wouldn’t these two workers eventually need four workers to support them as pensioners? What makes this different from a Ponzi scheme?

by SilverElfin

3/25/2026 at 9:19:37 AM

Also I somewhat question that money will have same purchasing power in future if either of population and productivity growth fails. The idea is that you save now and in future there is enough labour to buy... Which is likely to fail. You can make numbers look like anything. But that does not solve the issue that people need to be willing to do something for you for price you can pay.

by Ekaros