We live longer than we work.
By the time we hope to retire, we have much longer to live than we did many years ago when the retirement age was set.
More than that, our health is an issue. We feel great the first 35 years. But then about age 35 the aches and pains and weariness start crawling their way into our bodies.
We are looking forward to retiring in our 50's, if we have prepared. But the the cost of living is rising, and our retirement fund is not rising as fast, if at all.
The costs of medical needs and prescriptions heap faster than a speeding locomotive.
Our parents have warned us for years. We thought that being old was a long way off. Not so much.
We are old much longer than we are young. It makes up for more than half our lives. We consider young up to about 35. After that you have another 50 years. Are we prepared for the financial burden? It takes at least 30 years to pay off your home mortgage. Did you buy a home by age 25? Then someone has to keep working till age 55.
Okay, maybe most of us can't set up a retirement fund at birth. But, I think it should be a required educational class in school.
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