I am 65 tomorrow. I enjoyed this talk. Right now, I am receiving Social Security and a modest pension, enough to cover my bills, cat food and craft beer. I am content.
Actually "One persistent myth about the German program is that it adopted age 65 as the standard retirement age because that was Bismarck's age. In fact, Germany initially set age 70 as the retirement age (and Bismarck himself was 74 at the time) and it was not until 27 years later (in 1916) that the age was lowered to 65."
He has written several books, particularly Into the Silence, that are some of the best I've read, due to his adventurousness, curiosity, and excellent research into knowledge (the literature).
so we have the german bismarck to thank for the idea of retirement at 65...who would have guessed the origin of that policy and how cynically it was chosen and then adopted by our own social security system...and now we will live longer...so then how to enjoy that time..??
I am 65 tomorrow. I enjoyed this talk. Right now, I am receiving Social Security and a modest pension, enough to cover my bills, cat food and craft beer. I am content.
Actually "One persistent myth about the German program is that it adopted age 65 as the standard retirement age because that was Bismarck's age. In fact, Germany initially set age 70 as the retirement age (and Bismarck himself was 74 at the time) and it was not until 27 years later (in 1916) that the age was lowered to 65."
He has written several books, particularly Into the Silence, that are some of the best I've read, due to his adventurousness, curiosity, and excellent research into knowledge (the literature).
so we have the german bismarck to thank for the idea of retirement at 65...who would have guessed the origin of that policy and how cynically it was chosen and then adopted by our own social security system...and now we will live longer...so then how to enjoy that time..??
Very good point !!!!
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