Alternate headline, "Half Of All Americans Will Die Without Retiring"
Second line they use for the follow up punch, "A Quarter Will Die Within 7 Years Of Retirement."
Seriously, go look at an age demographic pyramid. Half of a cohort dies in the 60-65 area. And it drops precipitously from there until you're looking at about 2 percent making it to 100.
Capitalists don't want you retiring. If you're not making them a widget then they see no use for you. The economically minded might point out that retirees are some of our biggest spenders. But the wealthy elite don't care. They only see a pool of money they want in their hands. Dying at work is the end they want for their workers. Especially if there's a pension.
In related news the DOJ might actually criminally charge the company for MCAS. But only because the company couldn't keep to the deferred prosecution agreement. All they had to do was institute an Ethics program.
Sure, times are hard, but so is science journalism, apparently. Where could medium.com possibly get that this study says that headline. This study asked people of all ages what they predict is going to happen. There is no scientific basis for that headline, this is entirely based on a public opinion poll.
My disability insurance (private, not public) specifically ends when I'm 60 (or before, if they can find a reason to disqualify me), so it's basically built in that I won't be able to retire.
Well thankfully I expect to die before I retire. As Homer Simpson once said "You tried, and failed miserably. The lesson is, never try." Unless I hit the lottery which I almost never play. Retirement would be miserable for me. Basically just waiting to die already. My grandparents could barely afford to survive. My parents are almost there and are the same.
Yup. People need to stand up and demand better work life balance and early retirement options. Half of an age cohort dies by 70. SSA is moving to 67 which means there's a large percentage of people who will get Social Security, and immediately die. We're living in the dystopia.
My math says I will work till I can't and then will have to accept a lower quality of life for whats left and my wife and I end up on medicaid in a nursing home.
Medicare only pays for short-term skilled nursing rehabilitation meaning you need something like physical therapy after a major surgery. For long-term care because you're just unable to take care of yourself, you'd need Medicaid or to pay several thousand/month out of pocket.