Since they won’t be able to get Social Security till they’re 75 , under the Mises libertarian plan, people will have to work until that age (unless they’re fortunate to have government job pensions or inheritances from wealthy parents). So, who is going to hire them? What companies are hiring - as opposed to firing - people in their 60s and 70s?
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NOBODY or at least not many.
That is what was so absurd about that floriduh congressman from key west saying “People want to work longer” Not just absurd but stupid and tone deaf.
Hardly anyone wants to work until they are 75 and most people can’t.
My late Dad and I retired at 67, that was enough. He lasted 10 years and I hope to be able to go longer. I worked as long as I wanted to. Comes a time you no longer fit in when most of the people you work with are young enough to be your kids or younger.
Or people could have/can fund their own retirement. Anyone today that does not fund their 401k or IRA is going to be broke in retirement.