While our politicians have been talking about raising the retirement age in this country for at least several years if not decades, other countries have already started implementing similar policies. But is this a good thing or a bad thing? Well, we have first to ask why a later retirement age is being proposed in the first place. This is critical because every action can come with unintended consequences, and more often than not, the “solution” is meant to fix the unintended consequences of a previous “solution” from politicians.

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