Two-fifths of Russian men 'may not live to see their retirement'

[Mormolyce]

Aging is usually caused by time...

Ahahahahahaha!

Imagine being this obtuse.

I lack the imagination.

[Kraenen]

I lack the imagination.

Apparently you can't imagine that one population is separate from another O.o So complicated, I know!

[NED funded]

Ahahahahahaha!



I lack the imagination.

I'm just looking at that comment and thinking where did I go wrong with it. I'm pretty sure it was directed to Rayborne but now I'm confused.

[Linkedblade]

Retirement age in the US is 67. That is when you will receive 100% of your benefit monthly from social security.

[kamuimac]

On the bright side Russia might not have a problem with social security

Man what a shithole of a country

have you been to US lately ? if not food stamps people would be literaly starving

ah ye but you have your precious freedom

- - - Updated - - -

Retirement age in the US is 67. That is when you will receive 100% of your benefit monthly from social security.

as long as you didnt deplete 3/4 of your funds first for your children education and mortgage which ton of people do.

[NED funded]

have you been to US lately ? if not food stamps people would be literaly starving

What a terrible country that doesn't let its people starve.....

[Shelly]

While the US life expectancy is better this seems about in-line with the US Social Security program as it currently exists - I'm 39 but by the time I go to retire I expect the retirement age to be at least 70 to just apply to get benefits (it's currently 65 unless disabled in some form.)

Eventually I hope for a more generous form of retirement but frankly we NEED social security and programs like it for most of, if not all, populations.

[Linkedblade]

have you been to US lately ? if not food stamps people would be literaly starving

ah ye but you have your precious freedom Going to assume this is sarcasm.

- - - Updated - - -



as long as you didnt deplete 3/4 of your funds first for your children education and mortgage which ton of people do.

Yeah, people are shit about saving for when they are unable to work, whether it's disability, sickness, age, etc.

[ls-]

Although I don't live in Russia and I'm not planning to return there in the foreseeable future, IMHO, no sane Russian man should even consider living off his pension because the amount of money you get is laughable. Moreover, there's also talks about decoupling the size of your pension from your salary before retirement and contributions to Pension Fund of the Russian Federation, that's according to a friend of mine who works in PFRF.

If all of a sudden I turned 65 tomorrow, I'd be getting only $120/mo, that's a joke

[Syld]

How the hell is life expectancy for russian males so low compared to woman? I know it's normal for woman to live longer but the difference here is massive.

[ls-]

How the hell is life expectancy for russian males so low compared to woman? I know it's normal for woman to live longer but the difference here is massive.

Alcoholism and/or hotheadedness, quite often it's a mix of both. Social pressure is an issue too, it's traditional society after all, so people expect/demand more from men than women.

[Blobfish]

My life expectancy would be low to if I was bought up to drink Vodka over beer or wine .

How much percent alcohol is the average bottle of Russian Vodka.. Over 30-70 percent I would think.

Compared to beer 5% or wine 15%

[ls-]

My life expectancy would be low to if I was bought up to drink Vodka over beer or wine .

How much percent alcohol is the average bottle of Russian Vodka.. Over 30-70 percent I would think.

Compared to beer 5% or wine 15%

TBH, when it comes to alcohol consumption, proper vodka is the least of our concerns, surrogate alcohol is a bigger issue.

[Thunderball]

Everyone who's around 30 or less right now should just assume that pensions wont exist when they turn 60, regardless of the country they live in.

I live in Russia right now and even though this pension is far from my only endgame for retirement I obviously dont feel good about this. On the other hand I feel like this is pretty much the best course of action for the young people right now: pension system needs more money, reform has been long overdue and the only other option would be to dramatically increase taxes. They are planning to raise sales tax to 20% (from 13%) but I feel the taxes overall are still very low for any country with a universal pension system. Obviously radical taxation changes would've hurt young people (and businesses) more, so that's good for me.

To all the people what are saying that it's being camouflaged behind the FIFA 2018 that's ongoing. The talks about this have been going around for at least 3 years and people have been expecting the government to take a stance on this as soon as Putin gets reelected and the new cabinet is finalized, and that happened less than 3 weeks ago. Putin have been trying to cater to everyone at once, including business owners and the elderly which wouldnt work ever, at least they are doing something before the Pension Fund collapsed.

[Deleted]

Statistics. Statistically speaking most statistics are wrong when it comes to you personally. Statistically speaking there are so, so many people in this thread who honestly think they'll live to see their retirement, who won't.

That's statistics for ya.

[Vash The Stampede]

I can't wait for this to happen in the US. These programs always fail and turn out to be scams. The wonders of socialism.

It will inevitably happen here in the US. Mainly because the average lifespan is increasing here, and from the stuff I'm hearing being developed, that's going to increase a lot soon. They've already raised the retirement age to like 67 now, depending on when you were born. In 1970 people usually died around the age of 70, and now it's 78. Eight years may not sound like a lot but for Social Security and Pensions that's a big problem. I don't see SS and Pensions being around when I'm at retirement age.

https://www.google.com/publicdata/ex...in&hl=en&dl=en

BTW average lifespan of a Russian is 70 years, so yea that sucks.

Keep doing shit like this and it's the rich who won't reach retirement age

Do the rich need to retire? They're rich, why do they need to retire?

[Deleted]

There's a reason for Social Security.

People are really bad at saving enough on their own, so you end up with old people dying basically of starvation or pooping all over themselves/any number of horrible things. If you don't want this in your society you make sure they have minimal resources. That's why social security is a good thing. I don't want to see destitute elderly people just dying all over the place.

Make financial education mandatory in school, the same way some already have sex education.

How do you know they will all die? Many have passive income through investment and others have kids to take care of them. Some continue to work.

If you really wanted it, you could institute a poor tax which would be cheaper than social security.

What's a "scam" is that the government pretends it's an investment program when really it's a tax on current workers to pay retirees. That's a fine thing in my opinion, but just call it what it is... then again, most people are dumb and they prefer the lie, so maybe leave it?

It does seem a bit unfair that it's a tax based on work and nothing else.

Also, you could simply institute a sort of poor tax. People paying a tiny percentage of their incomes into a pool that only gets used for the super poor (basically at the point where one has both almost no assets and almost no income, only those in PROVEN desperate situations would get any kind of assistance and welfare fraud would result in severe penalties). Not my ideal solution since I prefer a private charity network, but this would make government less involved in people's lives and still prevent starvation of people who can't work.

If done this way, it could even be justified on law enforcement grounds, I would refrain from calling it a right destitute people have, it would simply be a privilege we grant them to keep them off the streets begging or doing petty crime more or less. It would be for OUR benefit not theirs.

Your idea that people can opt out would destroy the program. It depends on current revenues to pay out today. If you make it optional, then you have to find other ways to raise the revenues you've committed to current retirees.

If the system cannot survive without consent, then maybe it's bad enough that it doesn't deserve to exist.

[Shelly]

It will inevitably happen here in the US. Mainly because the average lifespan is increasing here, and from the stuff I'm hearing being developed, that's going to increase a lot soon. They've already raised the retirement age to like 67 now, depending on when you were born. In 1970 people usually died around the age of 70, and now it's 78. Eight years may not sound like a lot but for Social Security and Pensions that's a big problem. I don't see SS and Pensions being around when I'm at retirement age.

Depending on how employment goes in the US, as well as most other developed nations, we might want to look at LOWERING the retirement age.

Lowering a retirement age is one of the best ways to decrease unemployment since it'll open up jobs for younger people. In the US it's not a huge problem yet but in more socialist countries where it's very difficult to remove employees it's a much bigger deal.

The downside of this though is that it will defund most pension systems quite rapidly since younger workers tend to make less money. So in many countries you'd need to raise which taxes form the basis for pensions. (In the US that would be payroll taxes and honestly it wouldn't be too difficult to shore up the system by just doubling or tripling the point where you exceed payroll taxes and are no longer required to contribute - $102,000k/year.)

[Deleted]

Hey that's one good year of drinking vodka. Pretty cheeki breeki.



*Eyeroll*

Ironically, the increase in retirement age is a direct result of aging populations, which is caused by low immigration rates...

Wrong, it's caused by not having more children.

Relying on immigrants for those purposes is bad anyway, unless you select productive immigrants who want to integrate.

[Mormolyce]

Wrong, it's caused by not having more children.

Relying on immigrants for those purposes is bad anyway, unless you select productive immigrants who want to integrate.

Number of children per household is negatively correlated with wealth - I'd like to see you come up with a mechanism for increasing birth rates in the Western world.

So no, we've been entirely reliant on immigration to stave off our population crisis.

- - - Updated - - -

I'm just looking at that comment and thinking where did I go wrong with it. I'm pretty sure it was directed to Rayborne but now I'm confused.

You did, I was agreeing with you.

- - - Updated - - -

Apparently you can't imagine that one population is separate from another O.o So complicated, I know!

You're actively making the embarrassment more acute.