Moving on
Towards Better Times...?


Saturday, February 18, 2006

Nice future?

Retirement age 'will rise to 85'
By Paul Rincon BBC News science reporter, St Louis

The age of retirement should be raised to 85 by 2050 because of trends in life expectancy, a US biologist has said.

Shripad Tuljapurkar of Stanford University says anti-ageing advances could raise life expectancy by a year each year over the next two decades.

That will put a strain on economies around the world if current retirement ages are maintained, he warned.

He also told a science meeting in St Louis that 50-year or 75-year mortgages may not be unusual in the future……

……"People are going to do things they didn't get round to in their working lives. Current institutions are really not equipped at the moment to deal with such long lives," Dr Tuljapurkar said.

"We are going to have to plan a lot more carefully, which people are not very good at."

The rest of this article is here: bbc.co.uk

My Comments:

Bloody typical!  We get a promise of longevity and in the same breath we get the threat that we will have to work for and pay the money-grabbers for even longer!

Nice future ……

posted by summersun70 at 2:10 AM

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