Okay, Boomers... I come from a military family background. Grandpa, dad, uncles - they all served. And retirement was what you did after twenty years in the service. Most went on to work another 20-30 years in another field and retire again.
Please explain to me what I'm missing and why you see being considered retirement age is a slight. I've got some disconnect between lived experience and what you obviously feel about retirement.
@LianaBrooks Military careers offer lifetime medical care and generous pensions. Work in the private sector gets you a layoff, no pension, nothing unless you’re a CEO with a golden parachute. Social Security alone is not nearly enough to fund a comfortable retirement. It’s up to the workers to fund their own 401k accounts over the years.
@cassandra17lina @LianaBrooks
What?
Excuse me.
I Retired at 65, with less than 10K in the bank, and a combined income of a union Pension and Social Security, of about 32K a year. Now, after a year or so, I did go back to part-time work, but not because of money. I was bored. Then at 69 I completely retired. I own a house and land. The land is paid for, the house mortgage, and taxes are doable. I am not rich, but comfortable.