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Rescuing Entitlements and Pensions: Study Shows Americans Can Work Longer

Rescuing Entitlements and Pensions: Study Shows Americans Can Work Longer
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United-states , Americans , America , Congressional-budget-office , Retirement-survey , National-bureau-of-economic-research , National-bureau , Economic-research , Similar-conclusion , Social-security , Market-trends

Time to Raise Social Security's Retirement Age | The Heritage Foundation

Time to Raise Social Security's Retirement Age | The Heritage Foundation
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Talking Business

traditionally, one of the most common ways of saving for old age has been pensions, where workers put aside some of their cash for their later years. but one forecast for the six biggest savings systems which are the us, uk, japan, netherlands, canada and australia expects a $221; trillion funding gap by 2050, meaning there simply won't be enough money to fund the lifestyles people in those countries are expecting. many countries are in the process of increasing retirement ages, but as you can see in this indication, it varies across the world's ten biggest economies and can also vary within them for a range of reasons. so do we have to work until an older age or change our expectations for how we live in retirement? it's a tough question for governments everywhere, but perhaps nowhere more visibly than in france, where for months people have been taking to the streets,

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mandatory retirement age for pilots

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Early Start With Christine Romans

by two years. to 64 years old. cnn's saskia van dorn joins us live from paris. i mean, compared to the rest of europe and, of course, the united states that is a very generous even that higher retirement ages. very generous, but this is something that has really sparked outrage on the streets of paris. what's the mood in the city this morning? well kristie and i'd say the mood is one of determination and really, it's now gotten bigger than the pension reform. right? so yes, they're angry with the pension reform. yes, they're angry at the way that it was rammed through parliament, but they are particularly angry with one person and that is french president emmanuel macron. anger on the streets of france. you are macro resign. protesters all united against a defiant president if you want the pact between generations to be fair, this reform needs to be carried out. pension reforms were a

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CNN Newsroom Live

for him very early on, even during his first term. this was a priority, and in many ways it was derailed because of the focus on the global covid pandemic, and then subsequently , the situation between ukraine and the russian federation. so here he is very early on in his second term, determined to get this legislation through for him. france is a country that does not compete on the global stage. when it comes to the retirement ages. it has one of the and the lowest ages of retirement. people are living longer, and it's costing more and more for the state to implement and these particular measures the opposition see this very differently. they see it as a kind of competing social systems model, but they also think that there are other ways through taxation and so on that these measures can be funded that they are not adequately equitable and also that in manual macron has not adequately consulted over this issue, especially given the fact that

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These Stats Show Early Retirement Is Alive and Well

Survey says: Many people are retiring before the government's definition of full retirement age.

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Detailed text transcripts for TV channel - CNN - 20171225:17:33:00

the president was suggesting and they were suggesting in a not so subtle way that republicans drove him out. and they say this is the way the fbi works and this is the normal way a job like that and the person in that job runs its course. >> and they have certain retirement ages and you cap out or max out in that level. there is noplace for him to go. he has plenty of years of service and built it up to make about when he leaves the bureau as if he stayed. and somebody saying they will

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Detailed text transcripts for TV channel - FOXNEWS - 20151030:06:10:00

informed voters. democratic debate. lots of people turned out to watch the debate not having donald trump on the stage. he was a big draw in this thing. people are watching this both to be entertained and actually learn something. cnbc is to make sure everyone sticks around. >> last night many people are undecided but nobody changed their mind, jason. >> i think the g.o.p. in general, the field came across as a substantive and deep. we had a substantive discussion about entitlement reform. >> last night we had that? >> yes. they were talking about raising retirement ages. they were talking about means testing these programs. that used to be a third rail. particularly in a primary. that shows, i think that the g.o.p. is a serious party presenting serious candidates. they are not talking about raising texas on the rich to pay for everything and the same old same old going forward. i thought that was very encouraging. >> panel, thank you. from iowa to new hampshire the candidates are already back on the campaign trail.

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