Dr Oz: Retiring too early is bad for the economy

[Fernando]

MSN

Dr. Oz pushes Trump policy for seniors: 'Just work one year longer'​

Dr. Mehmet Oz, President Donald Trump's administrator for the Centers for Medicare & Medicaid Services (CMS), pushed for American seniors to "work one year longer" because he claimed it would benefit the economy.

During a Wednesday White House briefing, Oz blamed low gross domestic product (GDP) growth for rising health care expenditures.

"We will correct that if we can get America to be healthier, because you can't be a wealthy nation without being a healthy nation," he argued. "If we're able to get the average American who today retires on average at age 61, get them just to work one year longer, because they feel so vital, so strong, so bullish about their future, because they're feeding their bodies nutrients that are essential to their high-functioning productivity. We will increase the overall GDP of our nation by trillions of dollars."

"So we will reduce healthcare expenses," he added. "At the same time, we jazz up the U.S. economy with trillions of dollars created by the productivity of American workers."

IT'S TRUE. RETIREMENT IS BAD FOR OLD PEOPLE.

 

[Tom D]

Eventually, congress has been, and will be raising the retirement age to 70, to save that fund. When the original 65 years was stated, very few people lived that long. Fernie, you are even arguing against your own retirement when there won't be any more ss money left. I'm living well from your working now though, thank you.

 

[Fernando]

Eventually, congress has been, and will be raising the retirement age to 70, to save that fund. When the original 65 years was stated, very few people lived that long. Fernie, you are even arguing against your own retirement when there won't be any more ss money left. I'm living well from your working now though, thank you.

I like to collect SS but I make too much even after retirement. If I collect, I would pay 50% of my SS income. Not leaving me much from SS income. Not fair.
I was hoping Trump get rid of tax on SS for everyone.