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Thread: Is Social Security to blame for so many men dying at 62?

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    Not from a shithole country Teh One Who Knocks's Avatar
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    Interesting Is Social Security to blame for so many men dying at 62?

    FOX News




    Is the thought of looming retirement and availability of Social Security killing you? Two researchers say yes.

    Maria D. Fitzpatrick of Cornell University and Timothy J. Moore of the University of Melbourne said they analyzed the mortality rates in the U.S. and noticed that many older Americans – but disproportionally men who retire at 62 – are affected by sudden increased rates of death.

    “A lot happens in our early 60s. Some change jobs, scale back working hours or retire. Our health-care coverage may shift. We may have fewer financial resources, or we may begin collecting Social Security," Fitzpatrick told The Wall Street Journal. “About one-third of Americans immediately claim Social Security at 62. Ten percent of men retire in the month they turn 62.”

    The numbers, according to the study, show that there is a two percent increase in male mortality at age 62 in the country. “Over the 34 years we studied, there were an additional 400 to 800 deaths per year beyond what we expected, or an additional 13,000 to 27,000 excess male deaths within 12 months of turning 62,” the professor said.

    The researcher blames the increased mortality on the retirement as retirees tend to withdraw from life and no longer see the point in engaging.

    “Retirement could have positive long-run benefits for your health because you’re taking better care of yourself. Or it could be that, in the long run, retirement has a negative effect. You can think of how a retiree slowly withdraws from the world because he no longer has any reason to engage,” she told the WSJ.

    After all, the retirement brings new risks into life: “If you don’t go to work, you have more hours of the day to be driving around,” the professor said.

    “Medical literature suggests when older men are more sedentary, they’re more likely to be at risk for infection. When they lose their jobs, they increase their smoking rate, linked to the types of deaths we see such as COPD [chronic obstructive pulmonary disease] or respiratory illness.”

    The bottom line, says Fitzpatrick, is that the retirement “may be bad for the health of men, particularly for men who retire at the relatively early age of 62.”

    While she is not advising people against not retiring, especially if their health is poor, people should take precautions and commit to fairly active yet stress-free lifestyle.

    “Stay healthy, see a physician, don’t just sit on the couch, but don’t overdo it either. Be careful about driving. Just be careful. It is a tricky time,” she said.

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    TDS made me d...baaa baaa lost in melb.'s Avatar
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    Odd question, but do you guys have superannuation over there?

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    I drink your milkshake! DemonGeminiX's Avatar
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    Yeah, it's called Social Security.


    Warning: The posts of this forum member may contain trigger language which may be considered offensive to some.

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    OMWTFYB RBP's Avatar
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    Quote Originally Posted by lost in melb. View Post
    Odd question, but do you guys have superannuation over there?
    Quote Originally Posted by DemonGeminiX View Post
    Yeah, it's called Social Security.
    Unless it has changed, I think the AU system is individual contributions and employer matching held by the government. Closer to a a 401(k) but held as public funds. We would never trust the government enough to do that.

    Our is a ponzi scheme based on earning formulas, not individual accounts.
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    Kwon Atlas Muddy's Avatar
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    Quote Originally Posted by RBP View Post
    Our is a ponzi scheme
    You got that right, if they just gave us our fuckin' money that we paid in at retirement I'd be set.


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    transracial Hal-9000's Avatar
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    Same thing happened with our Canada Pension Plan. I've been getting CPP deductions since my first job at 14.

    Then they tells us - Wait, you may not get everything you think because of government mishandling...

    As Muddy says, just give us everything we put in it. And don't try to regulate the amounts YOU THINK we need to survive when it happens. Just give us a lump sum and let us manage it.

    No one knows how many years they have after retirement...

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    Not from a shithole country Teh One Who Knocks's Avatar
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    Yup, paying in year after year after year and then it will not even be there by the time I'm ready to retire.

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    transracial Hal-9000's Avatar
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    It's the way they determine how much you are allotted after retirement that bothers me too. X-amount per month.

    What if you want to travel? What if you have extra medical needs? What if you want to buy a big ticket item because you may not be alive for the next 20 years after retiring???

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    Not from a shithole country Teh One Who Knocks's Avatar
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    Was curious and I haven't received a statement in the mail in forever, so I just went online and created an account so I could check my SS account. Hilarious that they show a benefit listed for me since by all accounting I have seen, the Social Security fund will be long bankrupt before I'm old enough to collect. And, hypothetically if there was still money there and I wanted to retire at 62 (which is the earliest you can retire in the United States and collect SS), my monthly benefit would drop to $1661/month.

    Who the hell can live on this kind of money. Just give me my money.



    So far there's been more than $163K paid into my account. If the government would let us invest OUR money, we could make so much more, even if it was just a simple interest bearing account.

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    Kwon Atlas Muddy's Avatar
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    Whats the full benefit for a 25 year old illegal immigrant that never paid a penny?


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    Not from a shithole country Teh One Who Knocks's Avatar
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    Quote Originally Posted by Muddy View Post
    Whats the full benefit for a 25 year old illegal immigrant that never paid a penny?

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    transracial Hal-9000's Avatar
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    Quote Originally Posted by Muddy View Post
    Whats the full benefit for a 25 year old illegal immigrant that never paid a penny?
    The benefit of buying food at a reasonable price, not getting blown up when they walk down their street and a clean living environment.


    but you'll never hear a thank you for it...

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    Kwon Atlas Muddy's Avatar
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    Quote Originally Posted by Hal-9000 View Post
    The benefit of buying food at a reasonable price, not getting blown up when they walk down their street and a clean living environment.


    but you'll never hear a thank you for it...
    I think they get a bit more than that.


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    transracial Hal-9000's Avatar
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    Quote Originally Posted by Muddy View Post
    I think they get a bit more than that.
    yaa I was just riffing on the obvious ones..

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