------ Forwarded Message > From: "dasg...@aol.com" <dasg...@aol.com> > Date: Tue, 2 Mar 2010 10:21:32 EST > To: Robert Millegan <ramille...@aol.com> > Cc: <ema...@aol.com>, <j...@aol.com>, <jim6...@cwnet.com>, > <christian.r...@daegis.com> > Subject: If We LET Them, They'll Work Us TO DEATH While Making Us PAY for the > "Privilege" >
> Average age at death by Age at retirement > > > > Dr. Ephrem (Siao Chung) Cheng study (http://faculty.kfupm.edu.sa... > <http://faculty.kfupm.edu.sa> ) > > This is something we all would like to believe is true -- that there is an > inverse relationship between the age we retire and the age that we expect to > die. According to a study conducted by Dr. Ephrem, based on data of pensioners > from Boeing Aerospace, the earlier we retire, the longer our life span is > going to be. For example, if we retire at around the age of 50, we would > expect to live to age 86, another 36 years old. In contrast, if we retire > later at age 65, we would expect to live only for another 2 years. Normal > retirement age is 65, and yet this study <of Boeing employees> supports only > another 2 years of life span. However, we need to understand the biases > [reflected] by this result -- this experience is based on one particular group > and may not apply to everybody in the broadest sense. But it seems to make > sense that if we do retire early, we could escape from the pressure of work > and could expect to live longer. Just as with any other results of experience > data, we have to be cautious. > > --------------------------------- > > http://www.babyboomercaretaker.com/retirement/early-retirement/Study-On-Life-E > xpectancy-Based-On-Early-Retirement.html > > Study On Life Expectancy Based On Early Retirement > > > Earlier it was believed that people who took early retirement ended up > having longer life expectancy compared to people who retired at normal age of > retirement. However, this belief has now been proven wrong after researchers > conducted a study on life expectancy based on early retirement. > > The study on life expectancy based on early retirement was conducted in Texas > over a period of 26 years. More than 3,500 employees of Shell Oil were studied > during this period. The researchers studied the lives of employees who retired > at the ages of 55, 60 and 65 and they also studied employees who continued > working at the ages of 55 and 60. The employees came from all grades. > > During the course of the study, researchers found that early retirement was > not at all connected to higher or increased life expectancy. In fact, it was > discovered that employees who retired early, at age 55, were more likely to > die before those who continued to work. The study found that mortality rate > was twice as high in the first ten years after retirement at the age of 55. > > Unfortunately the study could not calculate the average life expectancy of the > workers <!> because many of them were still alive [after retiring] when the > study concluded. > > --------------------------------- > > Retirement Age vs Life Expectancy: > Why Social Security Is Going Broke > http://www.tommcmahon.net/2009/05/retirement-age-vs-life-expectancy-why-social > -security-is-going-broke.html > > <http://mjperry.blogspot.com/2009/04/chart-of-day-retirement-age-v-life.html> > > ------------------------- > > You can have healthcare, to keep you alive, or Social Security, to cover the > bare-minimum cost of living, but NOT BOTH. Take your choice. Very soon all > the bankers, insurers and accountants who like to call themselves "your > government" will FORCE you to make a choice. Object and you won't get EITHER! > > > Their logic is as simple as the math. If government is allowed to raise the > age of retirement to the age of life expectancy --age 77 as of 2010-- that big > chunk of cash they've taken out of every paycheck, picking your pocket in the > guise of deductions for Social Security, is 100% profit for THEM -- not a > single penny will ever return to YOU as promised. > > What the governmen will tell you, of course, is that (like any Ponzi scheme) > the money you never got will go "back into the System" to "replenish" the > general fund, in order "to provide Social Security for OTHERS when THEY > retire." However, keep in mind that NO ONE ELSE who waits until age 77 to > retire will live long enough to see that money EITHER! > > So where does all the money you've *involuntarily* "entrusted" to the > government to save for YOUR retirement GO? To the government, who spends it > as fast as you give it to them, for the sheer pleasure of it, without a care > in the world, no thought of tomorrow. And why not, when millions of Americans > keep on giving them blank checks like this? > > In pure and simple terms, Social Security is not 'your' "savings," it's your > LOSS -- it's the old wolf of INCOME TAX in sheep's clothing, government's best > friend. > > Social Security is the GOVERNMENT's own retirement plan -- > it "retired" long ago on it, so why should it WORK for YOU? > > > ------ End of Forwarded Message
