Longevity And Retirement

Yahoo! News reports that Europe's state retirement and pension systems are just as broken as social security in the US: "Europeans must change radically the way they think about and plan for old age, a report warned, while forecasting that at current rates pension and healthcare systems could collapse in the next 50 years." The near future advent of real anti-aging medicine, and corresponding increases in healthy life span, means that the concept of an enforced retirement age (not a bright idea to start with) must go. Indeed, all the various social security and healthcare Ponzi schemes must be dismantled as we transition from an aging society to - eventually - an ageless society.

Link: http://story.news.yahoo.com/news?tmpl=story&cid=1508&ncid=751&e=10&u=/afp/20040629/hl_afp/europe_pensions_health

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