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Longevity And Retirement

Yahoo. News reports that Europe's state retirement and pension systems are just as broken as social security in the US: "Europeans must change radically the way they think about and plan for old age, a report warned, while forecasting that at current rates pension and healthcare systems could collapse in the next 50 years.

Yahoo! News reports that Europe’s state retirement and pension systems are just as broken as social security in the US: “Europeans must change radically the way they think about and plan for old age, a report warned, while forecasting that at current rates pension and healthcare systems could collapse in the next 50 years.” The near future advent of real anti-aging medicine, and corresponding increases in healthy life span, means that the concept of an enforced retirement age (not a bright idea to start with) must go. Indeed, all the various social security and healthcare Ponzi schemes must be dismantled as we transition from an aging society to – eventually – an ageless society.

View the Article Under Discussion: http://story.news.yahoo.com/news?tmpl=story&cid=1508&ncid=751&e=10&u=/afp/20040629/hl_afp/europe_pensions_health
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