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The End of Retirement

Discussions about the economic and financial ramifications of PEAK OIL

Re: The End of Retirement

Postby cube » Sun 07 Dec 2008, 14:18:30

$this->bbcode_second_pass_quote('retiredguy', '.')..
But some of us are using this gift of time to develop new skills and to take direct responsibility for providing one's basic needs. By that I mean growing one's own food, harvesting wood for heat, etc.
...
No offense but you are living in a delusional fantasy world if you think at age 65 you'll have the strength to do any meaningful work.

Go ahead. Try chopping some wood or grow a garden at age 65.
You'll throw your back out in 10 minutes and the next thing you know you'll be lying in bed for the next 10 days pissing and sh!ting in a bucket trying to recover your health.

It's okay you don't have to believe me.
You'll find out on your own the hard way. :twisted:
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Re: The End of Retirement

Postby Cloud9 » Sun 07 Dec 2008, 14:22:13

Are you kidding? My pop was building fence when he was 80.
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Re: The End of Retirement

Postby Sixstrings » Sun 07 Dec 2008, 14:25:31

$this->bbcode_second_pass_quote('', 'G')o ahead. Try chopping some wood or grow a garden at age 65.
You'll throw your back out in 10 minutes and the next thing you know you'll be lying in bed for the next 10 days pissing and sh!ting in a bucket trying to recover your health.


For what it's worth, my grampa took up veggie gardening at 72, and kept at it until 85 or so. He's 96 now.. still drives, sharp as a tack.

He attributes his exceptional health to never drinking alcohol, never smoking, and never seeing a doctor. It's just been in the past few years that he's finally had to see some docs.. shingles onece, some water on the heart, and the flu. All of which he bounced right back from.
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Re: The End of Retirement

Postby Byron100 » Sun 07 Dec 2008, 14:30:31

$this->bbcode_second_pass_quote('Cloud9', 'A')re you kidding? My pop was building fence when he was 80.


Ha! Try age 95. :-D

Yep, when I went to help out on the farm last October, my 95-year-old grandfather fixed a downed fence post (new hole and all), hauling away a huge pile of brush and getting corn ground at the mill for the beef cattle he's still raising. 8O I helped him with the 50-pound sacks and other more strenuous activities, but I thought he was doing mighty well for someone that's *95 years old*.

60, 65 years old? Nah, that's still young. :P Do some yoga for that back and space out the hard stuff...that's what I'll be doing in my 50's, 60's and hopefully beyond. (fingers crossed!)
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Re: The End of Retirement

Postby cube » Sun 07 Dec 2008, 14:39:08

$this->bbcode_second_pass_quote('Sixstrings', '')$this->bbcode_second_pass_quote('', 'G')o ahead. Try chopping some wood or grow a garden at age 65.
You'll throw your back out in 10 minutes and the next thing you know you'll be lying in bed for the next 10 days pissing and sh!ting in a bucket trying to recover your health.

For what it's worth, my grampa took up veggie gardening at 72, and kept at it until 85 or so. He's 96 now.. still drives, sharp as a tack.
and the secret to his good health? :wink:
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Re: The End of Retirement

Postby vision-master » Sun 07 Dec 2008, 14:45:05

It's all about genetics.

Still, once one starts getting over 50, physical changes happen to everyone. Less strength, stamina and endurance is the norm.
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Re: The End of Retirement

Postby cube » Sun 07 Dec 2008, 16:00:46

To: Byron100 - Sixstrings - Cloud9

I'm not talking about the 10%.
I'm talking about the 90% of us here.
If the entire basis of your strategy is that you'll be part of the 10% well then I wish you guys luck.
You'll need it. :wink:
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Re: The End of Retirement

Postby uNkNowN ElEmEnt » Sun 07 Dec 2008, 16:09:39

My grandfather just turned 93 and he's still making his own bread and going about his business and doing mechanical work etc. Part of it is finding a healthy way to live and keeping busy. My dad is 69 and is still as spry and working on all kinds of machines. He still works (he was the caretaker for an old folks home.)

I think people have to get over the idea of retiring and thinking there will be a day when they can stop being useful and sit back on a beach chair for the rest of their lives. I think the popular media is to blame for putting these bad ideas in our heads.
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Re: The End of Retirement

Postby cube » Sun 07 Dec 2008, 16:33:31

$this->bbcode_second_pass_quote('uNkNowN ElEmEnt', '.')...
I think people have to get over the idea of retiring and thinking there will be a day when they can stop being useful and sit back on a beach chair for the rest of their lives. I think the popular media is to blame for putting these bad ideas in our heads.
Image
and once the baby boomers figure out that this idea was a lie they will either:

1) handle it with honor and prepare to live the rest of their lives in a much more humble state than what was advertised to them by their stock brokers
or.....
2) fight tooth and nail to the bitter end to grab whatever is left of the economic pie even if it means hijacking the next generations wealth through deficit spending
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Re: The End of Retirement

Postby uNkNowN ElEmEnt » Sun 07 Dec 2008, 16:38:23

I vote for option two. WE've seen classic examples of how the baby boomer generation having so much clout has voted themselves unprescendented posterity in the form of lesser taxes, and advantages through pharmacare etc.

This is by far the biggest and laziest, most entitled generation. they say the ones coming up are worse but guess who raised them? The whole culture is overly entitled and so disconnected from reality that when they have to adjust to what is the new (returned) version of life and discover the hardships previous generations lived with as a natural course in life, they will kick, scream and sedate themselves in record numbers.

THink impotent whiners. even their viagra and valium won't help them now.
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Re: The End of Retirement

Postby vision-master » Sun 07 Dec 2008, 16:40:47

$this->bbcode_second_pass_quote('uNkNowN ElEmEnt', 'M')y grandfather just turned 93 and he's still making his own bread and going about his business and doing mechanical work etc. Part of it is finding a healthy way to live and keeping busy. My dad is 69 and is still as spry and working on all kinds of machines. He still works (he was the caretaker for an old folks home.)

I think people have to get over the idea of retiring and thinking there will be a day when they can stop being useful and sit back on a beach chair for the rest of their lives. I think the popular media is to blame for putting these bad ideas in our heads.


20% of the populaion becomes disabled (not able to work 40 hours week) before age 62.

It's easy for computer jockeys to think all can work well into old age.

Age 93? Like how many men even live to that age? Maybe .01%.
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Re: The End of Retirement

Postby uNkNowN ElEmEnt » Sun 07 Dec 2008, 16:48:36

With one exception all of my grandfathers brother, sisters and his wife lived into their late 80's and 90's. Good genes, my dad doesn't look his age nor does he act it....

20%? that's pathetic. what do they classify as disabled? I have two physical ones myself at 40 something but that doesn't stop me.

What a bunch of pansy's no one ever said that pain wasn't a part of life. do they just give up at the slightest twinge or something? I've lived on 200 tylenol a month for periods of up to 3 years. What do they expect?

I think its one of those things where they create a class of disabled people to support the medical field. like shrinks. they make more diagnoses so they have more of a client base to work from. its the continued victimification of the masses at large. suck it up people. its only gonna get worse.
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Re: The End of Retirement

Postby vision-master » Sun 07 Dec 2008, 16:53:51

$this->bbcode_second_pass_quote('uNkNowN ElEmEnt', 'W')ith one exception all of my grandfathers brother, sisters and his wife lived into their late 80's and 90's. Good genes, my dad doesn't look his age nor does he act it....

20%? that's pathetic. what do they classify as disabled? I have two physical ones myself at 40 something but that doesn't stop me.

What a bunch of pansy's no one ever said that pain wasn't a part of life. do they just give up at the slightest twinge or something? I've lived on 200 tylenol a month for periods of up to 3 years. What do they expect?

I think its one of those things where they create a class of disabled people to support the medical field. like shrinks. they make more diagnoses so they have more of a client base to work from. its the continued victimification of the masses at large. suck it up people. its only gonna get worse.


Legally disabled as in collecting SSDI or SSI. A very long and painfull process. Many wait for years without work for a decision from an disability Judge and then wait another year for backpay.
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Re: The End of Retirement

Postby uNkNowN ElEmEnt » Sun 07 Dec 2008, 17:01:33

$this->bbcode_second_pass_quote('vision-master', 'L')egally disabled as in collecting SSDI or SSI. A very long and painfull process. Many wait for years without work for a decision from an disability Judge and then wait another year for backpay.


wow. 20% at age 62? I didn't realize it was that bad. that's majorly disabled. why so many, so badly off? are these people who would normally die if not for the medical advances we apparently ahve?
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Re: The End of Retirement

Postby uNkNowN ElEmEnt » Sun 07 Dec 2008, 17:02:55

and what is going to happen to people who need this level of care when the SHTF?
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Re: The End of Retirement

Postby uNkNowN ElEmEnt » Sun 07 Dec 2008, 17:25:10

So using the 2000 stats and advancing it by 8 years (give or take a few thousand deaths) that means you have a population of 7 million over 62 yrs old. which means you have 1.4 million disabled.

but with the bulk of boomers (being approx 48now) hitting 62 around 6 yrs from now you will have about 1.4, 1.8, 2M, 2.3M and 2.3 M for each subsequent two year period. for a total of 9.8 million more disabled over the next 6 years.

adjusting a death rate of 906.9 for people aging 60 or over for 6 years with a total of 5.4 million plus 2.1 million for the 65-74 age bracket, adjusts to 12.6.

Since there is no way to separate out the disabled stats from that if we run with 20% that would be a decrease in the disabled population of 3.6 million which would leave you with 6.2 million disabled that reach over 74 years of age. what kind of life is that eh? and what is that going to do for your economy trying to sustain those numbers of boomers?
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Re: The End of Retirement

Postby vision-master » Sun 07 Dec 2008, 17:53:22

Who said "disabled and "boomers"? Many younger ppl cannot work SGA. The "grid" requirements for SSDI or SSI (Welfare for disabled) are just easier for those over 50.

Yes, a big problem for society.

How about all those disabled Vets comming back from Iraq? Ever think of them.
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Re: The End of Retirement

Postby ReverseEngineer » Sun 07 Dec 2008, 19:19:32

Once the medicaire system collapses, the number of truly disabled people will drop dramatically. Most people who depend on medications such as insulin or blood pressure medications or anti-depressants to keep from being suicidal won't be able to get them or won't be able to afford them. They will drop off the list of Retirees fairly rapidly. Disabled veterans from wars will be street beggars as they were in the past, until they die from exposure and malnutrition. Orphans will wander the streets rummaging through garbage cans. Zombies will hunt orphans and cook them for dinner.

Those who remain in good health and can still work will become depressed, lack Prozac and become suicidal because they won't be able to find a job to be disabled from. There will be a Mass Suicide of all remaining people on Earth on Dec 21st, 2012.

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Re: The End of Retirement

Postby patience » Sun 07 Dec 2008, 19:57:46

Disabled Vets? Govt isn't going to worry about them. My wife worked for the VA until last year, and saw one budget cut after another, as Gulf War Veterans were coming home. More survive wars now, thanks to better battlefield care and fast evac. So, we get a higher percentage of disabled now than say, after Vietnam. No matter. While wife was there, the govt declared that PTSD was no longer recognized as a diagnosis--ignore it, and it will go away, hopefully forever.

No problem with disabled vets. We just ignore them now. And, we pay them hazardous duty pay while they are in hospital, and then sue them later to give that extra pay back to the govt. Oh we treat 'em dandy, all right. NOT!!!
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Re: The End of Retirement

Postby vision-master » Sun 07 Dec 2008, 20:24:46

I have a friend that suffers from PTSD (Viet-Nam war).

It's very real and can stay with ya for life.
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