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    1. newsweek on

      By Aliss Higham – US News Reporter:

      Workers in Denmark have been rocked by the news that the government has approved raising the retirement age to 70 – the highest in Europe.

      For now, the Danish can retire with their public pension at 67, but that threshold will gradually climb to 70 by 2040. Reports indicate that some Danes are unhappy with the decision, with protests taking place in the capital, Copenhagen, in the lead-up to the vote in May.

      Read more: [https://www.newsweek.com/denmark-raises-retirement-age-70-could-us-do-same-2083941](https://www.newsweek.com/denmark-raises-retirement-age-70-could-us-do-same-2083941)

    2. Cringsix on

      Get ready to work until death retires you. We are nothing like those dystopian countries, right?

    3. DepartmentLevel7738 on

      It wasn’t that Americans would work until they died and that we Europeans had the “work to live”?

    4. CurrentSkill7766 on

      Making janitors work longer because lawyers are living longer.

    5. Shnorkylutyun on

      But still, almost impossible to find a job once you’re past 50. So what is one supposed to do for those 20 years?

    6. rileyoneill on

      Public pensions require a demographic structure to be viable. You can have 1 old person and 9 young people paying into the pension system but you can’t have 9 old people and 1 young old person paying in to the pension system. America did not have the same crash in the fertility rate in the 1970s that other industrialized countries had. We were at nearly replacement levels from the 1990s up until 2008.

      People ask all the time “How his a declining population a bad thing?!” Well this is an example. You have fewer young people who can support the needs of a growing old cohort and things have to start breaking, raising retirement ages is sadly one of the easiest things countries can do to make up for the shortfall.

    7. SurroundTiny on

      US ‘retiree’ here. The 11th was my 65th birthday. If I choose to not take Social Security benefits until I am 70 my stipend/month will nearby double.

    8. Moosplauze on

      With the current leader it’s more likely that they will threaten to increase the retirement age to 190 years at the start of next month to then 1 week before it goes into effect postpone it for 1 month and then before it goes into effect lower it to 110 years and in the last minute not change it at all but threaten to raise it to 250 years in the future unless people buy dogecoins.

    9. Gotta be a very old person before you can enjoy any kind of peaceful life..

    10. evnaczar on

      I don’t think raising the retirement age will do much in the US. It would be much more sustainable if the US trust fund invested in the s&p 500 instead of just buying treasuries.

    11. Barneidor on

      They could make this more palatable by offering a gradual decrease in weekly hours so people could enjoy their 60s and still contribute enough to the system.
      It’s hard to picture most 69 year olds working full time without being exhausted, especially if they have a physical job.

    12. In Denmark you don’t need to work for healthcare, big difference.

    13. Sufficient-History71 on

      These people call themselves Social Democrats.

      So much for the worker’s rights.

    14. MHWGamer on

      so did the life expectancy also increases by such margins over the last 20 years? we are speaking about a couple of years – which is a damn lot to achieve.
      We are all fucked if we don’t invest for ourselves

    15. figuring_ItOut12 on

      Newsweek…

      The two countries aren’t comparable. New York City alone has 2.5 million more than all of Denmark and nowhere in the US do we have anything close to the cradle to grave social safety services Denmark has.

    16. Spiritual_Minimum_98 on

      world is going a fun direction lately…age of pension-nearly dead,privacy-none,human/workers rights-stripping them little by little,vaccines-do them all and see who dies 1st,genocides everywhere etc,climate change etc…what a time to live in

    17. stormdahl on

      As a Norwegian I’ve been told as long as I can remember that I won’t retire even close to the same age my grandparents did, or my parents will.

    18. DieSchungel1234 on

      People think pensions are just magic…the math is very simple. If more money is coming out than in, it is not sustainable. Either tax more or make people retire later, or give less benefits. Sorry, it’s just math.

    19. As a matter of interest – *far as I can work out* the U.K. state pension was originally worth about £3000 in today’s money compared to around £12,000 now? And looks like it’s gone from 10% of the population in 1950 to 20% of the population now claiming state pension? Life expectancy has also gone from around 69 to 83 (though as far as how long someone reaching pension age might claim for , these figures don’t take into account the effect of things like child mortality rates on the average?).

    20. Mirabeaux1789 on

      Denmark or at least its government is going to learn the lesson of Japanese the hard way. When you, your birth rates aren’t keeping up, you have to have immigration.

    21. MisterBilau on

      lol, like that matters with AI. Raise the age of retirement to 100 for all I care, 10 years from now we won’t have any jobs for 50%+ of the people anyway.

    22. QuantumInfinity on

      I thought this was /r/Europe. Why does everything involve the USA?

    23. Weird_Rooster_4307 on

      YES! I want to see the 70 year olds Fireman’s calendar. Woot woot

    24. Not defending the decision, but if the math isn’t mathing wtf you gonna do?
      At least it’s honest and upfront. Rather than leaving the issue to the next politician to solve.

      That being said, I take this as more of a “you should start investing heavily, now” rather than a “guess you’re fucked”.

    25. Shnorkylutyun on

      Every time this topic comes up, all I can hope is that most of you icecold-hearted guys are 20yo or younger.
      “oh well people should die earlier” “just make them work longer” “should have made more babies, tough luck” ffs. People are moving into nursing homes at 75 because they can’t take care of themselves anymore, what do you expect what kind of workforce will this be at 70?

      With almost everybody’s work getting automated away in the near future, and the cognitively negligible kind of work getting axed first, what do you think will happen?

      So yes, the government forced us to pay into this scheme, with a golden carrot dangling in front of our noses, now they’re using that carrot for other purposes.

      And of course the ones making these decisions are not impacted by them at all.

    26. sabelsvans on

      In Norway we have a progressive system depending on your birth year. I can retire at 69, but my nephew born in 2006 has to work until he’s 72

    27. madpepper on

      Why do you all have to complain about us even when we’re not the topic?

    28. cairnrock1 on

      I don’t think the US is going to raise the retirement age to 70. I think it is going to eliminate the concept of retirement entirely.

    29. This is just another way of saying, we are cutting 5 years from everyone’s pension – you know the thing you spent your entire working life paying into in taxes, and we’re supposed to get back when you are older. Just robbing everyone of their entitlements to save themselves money.

    30. Alarmed-Extension289 on

      haha what?! our retirement is more of a “suggestion” 65 y/o are getting like $850/month from social security after paying for Medicare costs. We don’t retire the same way as the Danes’.

    31. America-always-great on

      I get to retire with pension and 401K at 50 THANK GOD

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