[ExI] The ultimate test of your transhumanist convictions...
sjatkins at mac.com
Fri Jun 25 07:56:23 UTC 2010
> On 6/24/10, Ross Evans wrote:
>> The whole pension system is predicated upon actuarial assumptions
>> that no longer hold true; it was never envisaged that people would live 20+
>> years beyond their retirement age, and this flaw now represents a risk of
>> systemic failure in the pension system, especially in Europe. I'd say if
>> you're 30 years or more from pension age, putting capital into a pension is
>> likely to be a bad financial decision.
> I'm not really disagreeing, just saying keep your options open.
> Many dot-com millionaires found their wealth disappeared overnight.
> You youngsters will be taxed to the hilt anyway to pay for the boomers
> pensions as the population ages. The UK is already proposing moving to
> a 70 retirement age and it will probably keep on increasing if life
> expectancy keeps increasing.
Of course by far the best solution to the aging demographics is to get
good, cheap enough, ubiquitous anti-aging and aging reversal technology
really quickly. :) Seriously, without that and/or nanotech or fusion
tomorrow nearly every economy is doomed by the expected costs.
> If we get to the stage of life expectancy increasing by one year every
> year then you won't *ever* get a government pension.
Which would be great if you can be kept in good health.
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