• Blurntout@lemmy.ca
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    11 hours ago

    We’ve been living the gradual creep for years it’s been staved off my policy that kicks the can down the road push retirement ages further out and incentivizing delaying benefits as long as possible or getting penalized for early retirement.

    It doesn’t have to happen “all at once” as soon as market participation is in net divestment mode fund manager’s like Blackrock and vanguard who’s passive etf strategy is give us money = buy stock they will be forced to divest to cover sell orders causing a cascade

      • Blurntout@lemmy.ca
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        8 hours ago

        Sorry you misunderstood the importance of generation retires for households that had many more children become financial burden on following households that had much fewer children it doesn’t math lol