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Won't be a long wait till it gets raised to 80. The demographics of many nations are pretty grim.


For most of history, care for the elders was a family responsibility first and a local community one second.

Only for a short period were western population growing so fast relative to small number of retirees that transferring that responsibility to government was a no brainer.

With diminishing demographics anywhere except maybe Africa, we'll need to be more creative once again. Raising retirement age is just one of many hard but inevitable policies.


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In most EU countries the middleastern immigration that was brought in in the last 10 years has a negative ROI.




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