Majority of American nowadays live past 90, is this a good news or bad news?
By kingparker
@kingparker (9673)
United States
November 20, 2011 12:03pm CST
The recent I am asking about this question is, it is mostly related to retirement with the comfort of financial security. With improved health conditions, and the advanced medical breakthrough in many fields, nowadays, from the aged veteran to Baby Boomers, many people live past the age of 90. With this large number of people, it means people have longevity of life expectation. The catch is, with this age group of people, who gonna support their living and financial income? The social security eventually will exhausted, not for our generation X, and Generation Y. Would the government be able to support these groups with our tax money? Also, the medical expenses will be gigantic amount to bear. So, would this a good news or bad news?
2 people like this
3 responses
@inertia4 (27978)
• United States
26 Nov 11
Well, thats why this administration wanted a noted health care system much like Canada. But I don't think we will ever see it. The medical industry here is all about making billions. But, if everything was done right with the social security money, then we would not be in this position at all. I remember in the 80's and 90's there were a giant influx of people coming here from other countries that were already retirement age. This government gave them social security. Strange. How were they able to do this? Simple, with our social security that we paid into the system. Now the system is going broke. It needs to be fixed and brought into focus.
@suspenseful (40192)
• Canada
21 Nov 11
I would not want to see a world where if you reach a certain age, they euthanize you. I think then when people reach ninety, that is because they are in such good shape, mentally and physically. Most of the ones who are not in good shape, usually would die in their 70s at the latest and more then likely in their 50s and 60s. I think that if a person is able to save, he or she should do so and that would mean that he and she would get partial social security rather then getting it all. The trouble is that except for a basic old age pension, no one deserves to have the government take care of them. Set up a retirement plan, put money aside in an high interest plan, stocks, bonds, etc. That will help those who live to a good old age live without fear.
