Comment by zeroCalories

Economically, old people are a burden on society. If you want to have a long and easy retirement for your elderly, you need a growing population, forever. Like a ponzi scheme. The alternative is that you break young people's back by burdening them with providing for the elderly. No amount of redistribution will help a country with poor productivity. 60 was a reasonable retirement age years ago, because most people would be dead soon after retirement, but with people regularly reaching 80+, 70 for retirement seems very reasonable. It wouldn't surprise me if the average gen Z reaches 90+, so maybe they should be working until they're in their 80s.