{"id":461,"date":"2010-10-13T10:17:28","date_gmt":"2010-10-13T18:17:28","guid":{"rendered":"http:\/\/2young2retire.com\/wp\/?p=461"},"modified":"2010-10-14T03:15:18","modified_gmt":"2010-10-14T11:15:18","slug":"the-striking-french","status":"publish","type":"post","link":"http:\/\/2young2retire.com\/wp\/the-striking-french\/","title":{"rendered":"The Striking French"},"content":{"rendered":"<p>Driving to the first of two yoga teaching gigs yesterday, I listened to a report on NPR that Paris was all but shut down by <a href=\"http:\/\/news.yahoo.com\/s\/ap\/20101012\/ap_on_bi_ge\/eu_france_retirement_strikes\">unions striking<\/a> against the proposed rise of retirement age from &#8212; get this &#8212; 60 to 62.\u00c2\u00a0\u00c2\u00a0 Flights were disrupted and even the Eiffel Tower was closed to tourists.\u00c2\u00a0 A few weeks ago, when the movement (if one can call it that) for status quo was just heating up, I heard a couple who had just turned 60, offer an argument you won&#8217;t hear on this side of the Atlantic so much these days, that they some how deserve to retire.\u00c2\u00a0 They felt they had paid into the pension funds and were fortunate that their pensions would not be threatened by the new law, if indeed it is passed.\u00c2\u00a0 In the background, one could hear the voices of their grandchildren for whom they offer care one afternoon a week because they enjoy it.<\/p>\n<p>Contrast this to the desire of most Americans &#8212; I&#8217;m one of them &#8211;to continue to work and not only out of financial necessity, although that is certainly a factor given the sorry rate of saving and investments of many older adults.\u00c2\u00a0 The new <a href=\"http:\/\/www.metlife.com\/assets\/cao\/mmi\/publications\/mmi-pressroom\/2010\/mmi-early-boomers-aging-work-retirement-pr.pdf\">MetLife Mature Market Institute Study<\/a> finds &#8220;startling&#8221; the news that many Early Boomers plan to remain in the labor market.\u00c2\u00a0 But if you&#8217;ve been following this blog for any length of time, you know that we believe that money is not the only driver for the choice to continue to work.\u00c2\u00a0 We happen to think we will remain <a href=\"http:\/\/www.nytimes.com\/2010\/10\/12\/science\/12retire.html?_r=1&amp;src=me&amp;ref=general\">healthier <\/a>for it &#8212; that alone is a good way to give back.\u00c2\u00a0 And unlike our French cohorts, we take a certain pride in continuing to contribute actively to society and to the well-being of future generations, including our own grandchildren, if we have them.\u00c2\u00a0\u00c2\u00a0 I admire many things about French culture &#8212; the food, the art, the joie de vivre, and the fact that the <a href=\"http:\/\/www.npr.org\/templates\/story\/story.php?storyId=128485416\">welfare of children<\/a> is a national priority.\u00c2\u00a0 How they will reconcile childcare costs with an aging population that wants to be supported for 25 or more years is the question.\u00c2\u00a0 Send in the grownups.<\/p>\n<p><a href=\"http:\/\/www.economist.com\/blogs\/buttonwood\/2010\/10\/strikes_and_generational_warfare\">Generational Warfare <\/a><\/p>\n<p><a href=\"http:\/\/www.economist.com\/blogs\/buttonwood\/2010\/10\/strikes_and_generational_warfare\"><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Driving to the first of two yoga teaching gigs yesterday, I listened to a report on NPR that Paris was all but shut down by unions striking against the proposed rise of retirement age from &#8212; get this &#8212; 60 to 62.\u00c2\u00a0\u00c2\u00a0 Flights were disrupted and even the Eiffel Tower was closed to tourists.\u00c2\u00a0 A [&hellip;]<\/p>\n","protected":false},"author":407,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11,7,2],"tags":[34,20,19],"class_list":["post-461","post","type-post","status-publish","format-standard","hentry","category-generations","category-older-workers","category-thoughts-on-retirement","tag-aging-workforce","tag-generativity","tag-positive-aging"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - 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