Your Financial Future And Longevity
The Financial Times is running an alternately insightful and obtuse article on increasing longevity and what that means for personal finance and over-regulated pension or social security schemes. As is all too common in this sort of article, increased longevity is presented as a bad thing due to the changes it will bring. Living healthily for longer, how terrible the bean counters think it would be! This is an excellent example of the way in which systems come to be given more weight and priority than the people they are supposed to serve. The lesson here is to plan your future under the assumption that the idiots in charge do not have your best interests in mind and are not going to be around to pick up the pieces.