Monday, January 19, 2015

According to Hockey we'll live to 150

Australia's Treasurer Joe Hockey expects us to live to 150.  He says this is why we need to start paying for our healthcare and other expenses.

If this is true then we need to work as long as we're capable.  Maybe it's time to abolish state super.  If you're capable of working then you should, otherwise it's unemployment, not retirement.

Having a birthday doesn't make you magically incapable of working and it's time people realised this.

Of course some industries require a person to be young and physically capable but office jobs can cater for older people.  People could shift into management or other supervisoy positions.

It's alarming that people aren't planning for their retirement too.  Are people really in poverty or are they just making poor financial decisions?  It sounds like the latter to me.

Either way, I hope Hockey is right about living to 150.

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