Steve
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Post by Steve on Jun 14, 2024 19:16:18 GMT
The link doesn't work for me, might be it's linking to your local content. Not everyone can work at 70 but then not everyone is well enough to work at 30 either. That's what we have welfare for. We could have a public information film: 'Want to retire under 70 and live comfortably then you better save your money then' The retire at 70, not needing immigrants only works if you keep age of death the same?? Yep but IIRC life expectancy increases have stalled
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Post by equivocal on Jun 14, 2024 19:17:22 GMT
Do you think it would change life expectancy? No, I think retirement age will be dictated by life expectancy. I also think life expectancy will continue to extend. That makes sense and the forecast is about 0.12 extra years of life per year. So. maybe 70 is a bit of a stretch in 20 years or so. link
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Steve
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Post by Steve on Jun 14, 2024 19:17:58 GMT
The link doesn't work for me, might be it's linking to your local content. Not everyone can work at 70 but then not everyone is well enough to work at 30 either. That's what we have welfare for. We could have a public information film: 'Want to retire under 70 and live comfortably then you better save your money then' A double click on the link should download the spreadsheet from the ONS site.
Not sure that film would be very popular.
Some times truth hurts. I started saving big time before I was 40, guess what it paid off
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Post by montegriffo on Jun 14, 2024 19:18:44 GMT
Great, so we get to retire just before the dementia sets in...
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Steve
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Post by Steve on Jun 14, 2024 19:23:39 GMT
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Post by equivocal on Jun 14, 2024 19:32:52 GMT
It's the 2016 dataset and the person tabs.
The 1165 is the net immigration row of 165 plus the 1,000 as calculated in my earlier post. If it's an immediate increase it increases the 2042 figure by ~ 18m and straight line 165 to 1165 ~9m. (I don't know how they've treated increases in immigration. I'd guess increases go in from the point it settles at 165k)
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Post by Zany on Jun 14, 2024 20:13:49 GMT
The retire at 70, not needing immigrants only works if you keep age of death the same?? Yep but IIRC life expectancy increases have stalled Yes but retirement at 70 would depend on a higher life expectancy.
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Steve
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Post by Steve on Jun 14, 2024 20:27:17 GMT
No
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Post by equivocal on Jun 14, 2024 20:32:58 GMT
I don't think that would be very popular, either.
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Steve
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Post by Steve on Jun 14, 2024 20:33:02 GMT
It's the 2016 dataset and the person tabs.
The 1165 is the net immigration row of 165 plus the 1,000 as calculated in my earlier post. If it's an immediate increase it increases the 2042 figure by ~ 18m and straight line 165 to 1165 ~9m. (I don't know how they've treated increases in immigration. I'd guess increases go in from the point it settles at 165k)
I was looking at the 2021 data set which shows much higher figures
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Post by equivocal on Jun 14, 2024 20:36:37 GMT
It's the 2016 dataset and the person tabs.
The 1165 is the net immigration row of 165 plus the 1,000 as calculated in my earlier post. If it's an immediate increase it increases the 2042 figure by ~ 18m and straight line 165 to 1165 ~9m. (I don't know how they've treated increases in immigration. I'd guess increases go in from the point it settles at 165k)
I was looking at the 2021 data set which shows much higher figures Yes, but the tool is based on the 2016 dataset.
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Post by Zany on Jun 14, 2024 20:40:45 GMT
It has historically, why would that change?
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Steve
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Post by Steve on Jun 14, 2024 22:02:41 GMT
There's no hard linkage between life expectancy and state pension age - there is a political linkage. But I don't believe any party would increase it to 70 any time soon because it's electoral suicide and far easier to just keep bringing in immigrants and worsening our housing shortages and unaffordability.
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Post by Zany on Jun 14, 2024 22:20:08 GMT
There's no hard linkage between life expectancy and state pension age - there is a political linkage. But I don't believe any party would increase it to 70 any time soon because it's electoral suicide and far easier to just keep bringing in immigrants and worsening our housing shortages and unaffordability. Good point in mathematical terms. But truth is if men still died aged 65 the retirement age would not be 67.
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Post by Orac on Jun 15, 2024 6:50:21 GMT
Because they're not. Your ridiculous claims on ME migrants are not supported by any facts again vague
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