Retirement and the Redistribution of Wealth.
Retirement was being discussed at work last night.
Apart from the obvious retirement age constantly rising, work ‘til you drop etc. etc. I said that in the 1970s I genuinely believed by the time I approached retirement, the age would be around 50 with final salary pensions, opening up jobs for the young and giving those that had given most of their time during adulthood to their employer some relaxation in their later years and the money to enjoy it.
It would be paid for via the redistribution of wealth.
Instead the retirement age increases while holidays, wages and pensions decrease.
The only thing I got right was the redistribution of wealth- THE WRONG WAY!