this post was submitted on 01 Oct 2023
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Living that long would break the economy. I'm retired on a fixed income, and my planning was based on living no longer than age 90. After that, my savings will be depleted, I will live on social security alone. When I imagine young people having another 30 years to pay for social security per person, it's just broken. We would need to work until age 95 instead of 65. What would be the point?
Things will need to change like a guaranteed basic income. We've been moving towards this eventuality for the last 5 decades or so.