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Thread: Do you know longevity index?

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[quote=MARRIE,278555]government run social security pensions invested in security with low risk and high liquid for the sake of coming retirement of  baby-boomers and it sucks to the tight reserves and pension premium revenue from younger generation feed, I am afraid, cannot catch up with payout to baby boomers. It’s a typical phenomenon in aging country.   US has no such problem, I guess since it has less social security.  BTW, what’s the normal retirement age when US people can earn full amount of social security pension.  I think it must be > golden 55,  for those who are rich enough to retire at 55, I believe they have bunch of non-registered pension investment that guarantee lux lifestyle during retirement.

As Paul stated in other thread, they retire at 58 in Aus.  Hmm, so sad thinking that I will have to be labored with heavy load on my bent back during my later ages with white hair and wrinkly face…So it’s better learning to run small business to avoid being slaved when getting older and older…sigh.
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