Repeat this to your friends, colleagues and relatives as long as it takes:
When Otto von Bismark started the Old Age Pension, the eligibility age was 70.
At a time when the average life expectancy in Prussia was… 45.
Get it yet?
…it’s not realistic to believe that future generations of Americans are going to be willing to live like indentured servants for decades to support their own personal senior citizen who’s lying around in a hammock somewhere, enjoying a 25 year long retirement.
