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Re:In Aging Singapore, 65-Year-Olds Are Learning How to Code by rayiner on Sunday September 15, 2019 @05:43PM (#20979651)
I clearly don’t. It’s inexplicable to me why able-bodied people in a country with a birth rate below replacement rate since 1977 should expect to be able to stop working. It doesn’t matter how you structure the retirement system, the math doesn’t work.
Re:In Aging Singapore, 65-Year-Olds Are Learning How to Code by Cederfjard on Sunday September 15, 2019 @07:24PM (#20980063)
It’s a matter of priorities, isn’t it? Like someone else said, if you take a certain amount of other luxuries (you might consider retirement one of those, I guess) out of the equation, I’m sure the math would work out. As long as everyone has access to basic necessities. Of course, if the population is dying out, no system will last forever anyhow.

I also suppose it depends on how you define able-bodied. Sure, some people are technically able to perform work in their old age. How many can do it and still continue to feel alright, rather than suffer from aches and fatigue that seriously hamper their quality of life in their final years?

When I was a kid I read the essay ”In Praise of Idleness” by Bertrand Russel, and it left an impression on me. I don’t think we need constant growth and increasing material wealth at any cost. One of the things I’d rather see instead is that people who’ve led a long life can retire and finally take it easy for a few years before they pass.

http://www.zpub.com/notes/idle.html

Re:In Aging Singapore, 65-Year-Olds Are Learning How to Code by jnbiche on Sunday September 15, 2019 @07:20PM (#20980042)
> It’s inexplicable to me why able-bodied people

That's the problem. Very few people can still work at that age. To be more specific, there are more or less two types of labor: physical and mental (cognitive).

Very few people can do 40 hours of physical labor when they get to be 65 years old. If they've been working physical labor, their body is beaten and used for the years of abuse. They literally are no longer physically capable, not to mention the significant pain they're in from working a life of physical labor. If they've not worked a life of physical labor, then very few have the physical ability to start doing so when they're 65. Yes, if they've been fortunate enough to have top-notch medical care, good exercise habits, good genetics, and good luck, they may be able to do physical labor for 5-10 years, and then what? Also, a failure of any of those 4 can destroy you suitability for labor. Also, if they've had good medical care and the privilege to maintain a rigorous exercise regime, they likely have enough money for retirement.

In terms of mental labor, first of all, what percentage of the population is capable of skilled cognitive labor, like programming? Also, even among the minority of the population that is suited for such work, some people start losing a significant amount of mental acuity by they time they're 65-70.

In short, any society that fails to care for its elderly has failed, period. Yes, these folks have no choice but to try to get by as best they can, but it's a societal failure.

Surprised that any reasonable person would disagree.

Re:In Aging Singapore, 65-Year-Olds Are Learning How to Code by rayiner on Sunday September 15, 2019 @07:32PM (#20980099)
My parents are past 65, and my mom is still easily able to spend a full day taking care of our 1 year old, and my dad spent the last few weeks cutting down trees on his property. (They spent the first 40 years of their life in Bangladesh, so your point about healthcare probably isn’t correct either.) Only a small fraction of people work hard physical labor that someone 65-75 could not do. And of course some people won’t be able to do even a normal service job, but you don’t need everyone to keep working, just most people.

As to the societal failure—its a self-engineered one. Maybe some day we’ll have robots doing all the work, but we’re not there yet. Singapore’s GDP per capita is $90,000 per working person. Enough where you can have a functional retirement system, but not so much that doubling the number of retirees per worker won’t seriously be painful.

Re:In Aging Singapore, 65-Year-Olds Are Learning How to Code by frequentnapper on Sunday September 15, 2019 @08:13PM (#20980228)
here we go... anecdotal evidence starting with "my such and such can do such and such" so it must be true for most people. I am 38 and last year I tried doing dish duty in a kitchen just for the heck of it and my back couldn't take more than 4 hours at a time.
Re:In Aging Singapore, 65-Year-Olds Are Learning How to Code by crispinb on Sunday September 15, 2019 @08:39PM (#20980299)
Isn't this thread fragment all anecdotes & unsupported generalisations, on both 'sides'?
Re:In Aging Singapore, 65-Year-Olds Are Learning How to Code by coldtea on Monday September 16, 2019 @06:58AM (#20982842)
If you mean we only provide actual experience from society, and not statistics and what some expert said, in a topic that's not about stats, then yes.
Re:In Aging Singapore, 65-Year-Olds Are Learning How to Code by crispinb on Monday September 16, 2019 @07:13AM (#20982917)
You are reacting, not responding.
Re:In Aging Singapore, 65-Year-Olds Are Learning How to Code by coldtea on Monday September 16, 2019 @06:58AM (#20982837)
>My parents are past 65, and my mom is still easily able to spend a full day taking care of our 1 year old, and my dad spent the last few weeks cutting down trees on his property.

Well, those 65+ years old working their asses of to make ends meet would also jump at the chance to play with their grandkids and tend to their garden and trees at their on their (usually non-existant) estate.

How this is non-ironically compared to everyday, forced, minimum wage, work at 65+, is beyond me. This is "let them eat cake" through and through...

Re:In Aging Singapore, 65-Year-Olds Are Learning How to Code by confidantlake on Sunday September 15, 2019 @08:03PM (#20980205)
My parents are younger than 65. My dad has health issues. He can't chop down trees. If he can hold his fork without dropping it then it is a good day. Without a government pension he would be SOL.
Re:In Aging Singapore, 65-Year-Olds Are Learning How to Code by crispinb on Sunday September 15, 2019 @07:41PM (#20980133)
> Very few people can do 40 hours of physical labor when they get to be 65 years old

I don't believe, from what I've seen, this to be remotely true. Most (not al) of the tradies & labourers I know in their 60s and 70s are very clearly more physically capable than most (not all) office workers i know in their 30s. I guess that's my experience against yours, with neither worth much.

There's probably some real world data out there, though I suspect it would be incredibly geographically dependent. In my country (Aus) in little redneck towns like Bundaberg, you hardly see anyone in public who isn't obese, and they will largely be functionally disabled by the time they hit 50. OTOH middle-class hippies around my rural area are surfing, building houses, and running up and down hills at 80. Perhaps your perception of the capacities of older folk derives from living in disabling urban environments?

None of this bears much on the question of whether people should be mandated to work at jobs they don't choose into their 60s and 70s. I personally think the main fruit of increased productivity should be liberation as far as possible from meaningless & unchosen activity, for all.

Re:In Aging Singapore, 65-Year-Olds Are Learning How to Code by smallnamespace on Sunday September 15, 2019 @08:53PM (#20980339)
> Most (not al) of the tradies & labourers I know in their 60s and 70s

But surely,

    E(working capacity | is still day laborer and >65)
  > E(working capacity | >65)
Re:In Aging Singapore, 65-Year-Olds Are Learning How to Code by crispinb on Sunday September 15, 2019 @09:09PM (#20980392)
I've no idea what E() means.
Re:In Aging Singapore, 65-Year-Olds Are Learning How to Code by barry-cotter on Sunday September 15, 2019 @09:48PM (#20980523)
Expectation of being able to work as a day labourer given being over 65 is less than expectation of being able to work as a day labourer.
Re:In Aging Singapore, 65-Year-Olds Are Learning How to Code by crispinb on Sunday September 15, 2019 @10:50PM (#20980734)
Ah I see, thanks.

In which case it's true if only by dint of tautology, but in any case isn't pertinent to the point at issue (whether "Very few" older folk can so work).

Re:In Aging Singapore, 65-Year-Olds Are Learning How to Code by coldtea on Monday September 16, 2019 @06:49AM (#20982780)
Is it equally inexplicable why able-bodied 8-10 year old children are not allowed to work in factories like in the past?

People advocating these things lack all kinds of empathy, and are themselves seldom (ie. never) the ones forced to work in shitty jobs at 65+... If they were 65+ and had to stand up all day working to make ends meet or end homeless in the street, they'd sing a different tune. And they'd see exactly how "able-bodied" those 65+ are.

That's the second worst problem of privilege - not just having the upper hand at various situations, but not being able to get into the others' (that don't) shoes at all. You don't even have to be born into privilege for this, often the worse offenders are people who worked (and lucked/had connections/took chances others in their situation never had) themselves upwards into society, so on top of their current privilege and distance from those everyday experiences they add their contempt for the billions that did not (since if they did it, everybody could).

Re:In Aging Singapore, 65-Year-Olds Are Learning How to Code by quickthrower2 on Sunday September 15, 2019 @06:36PM (#20979862)
The explanation would be automation. If we have machines doing the bulk work of food production and distribution (with some people involved, but not the entire population), then there is in theory room for some people not to work. This means other people will need to take up that slack, but lets honestly look at most of the jobs we do and the world is mostly inventing work for itself. "Must see movie?" "Luxury Appartments" "Diamond rings" "Minecraft" etc. etc. Pretty much most of the stuff we buy in the 1st world are luxuries.
Re:In Aging Singapore, 65-Year-Olds Are Learning How to Code by rayiner on Sunday September 15, 2019 @07:22PM (#20980045)
Such automation doesn’t exist now and may or may not exist in the future. Moreover, the kind of jobs necessary to take care of a larger elderly population (doctors, nursing, housework) will be the last to be automated, if it’s ever automated.
Re:In Aging Singapore, 65-Year-Olds Are Learning How to Code by quickthrower2 on Sunday September 15, 2019 @07:37PM (#20980121)
Ok I agree the "doctors, nursing, housework" part would probably always need to be covered by the person needing the care or their family.

I was thinking more about the time between retirement and getting to the point you need aged care.

Re:In Aging Singapore, 65-Year-Olds Are Learning How to Code by TheOtherHobbes on Sunday September 15, 2019 @06:32PM (#20979853)
The math works fine. What doesn't work is the productivity distribution from work done.

What's inexplicable to me is why it's possible to extract money from an economy by gambling on businesses as if they're race horses.

Re:In Aging Singapore, 65-Year-Olds Are Learning How to Code by rayiner on Sunday September 15, 2019 @07:19PM (#20980036)
> The math works fine. What doesn't work is the productivity distribution from work done.

I don’t think you really appreciate the scale of the numbers involved. It’s hard to find good numbers for Singapore, but by 2060 the US will have 186 million workers and 95 million retirees. Let’s apply those ratios to today’s economy. That’d be about 80 million retirees. If you took the entire income of the top 1%, that works out to $25,000 per retiree. The maximum social security benefit works out to $45,000. Then the average Medicare spending per retiree is $16,000 per year. (And don’t forget, that 1%-er money is also earmarked to pay for universal healthcare and free education.)

Re:In Aging Singapore, 65-Year-Olds Are Learning How to Code by JetSpiegel on Monday September 16, 2019 @07:38AM (#20983055)
What about immigrants? They are literally dying to get into the US and increase the worker/retiree proportion.
Re:In Aging Singapore, 65-Year-Olds Are Learning How to Code by rayiner on Monday September 16, 2019 @09:09AM (#20983619)
It’s not just a matter of having people. The main reason we care about the worker/retiree ratio is that workers generate a surplus that can be used to take care of retirees. To the extent that immigrants and their kids are able to quickly join the middle class that pays the taxes that supports retirees, then immigration helps. But that same fact limits how much you can rely on immigration to address lack of internal population growth.

(That’s why European efforts to combat their lack of population growth will fail. The US, by contrast, is far better at assimilating immigrants into the middle class and will be relatively more successful.)

Re:In Aging Singapore, 65-Year-Olds Are Learning How to Code by JetSpiegel on Tuesday September 17, 2019 @03:50PM (#20999340)
> That’s why European efforts to combat their lack of population growth will fail. The US, by contrast, is far better at assimilating immigrants into the middle class and will be relatively more successful

Not sure the American Dream is still alive. The Trump administration might as well be the straw that broke the camel's back.