According to a front-page story in today’s New York Times, more and more companies are cutting back on retirement benefits. Maybe that’s not such a bad thing. As I pointed out in Social Security’s Moral Crisis, a decades-long life of leisure is morally damaging:In post-Christian America, the hope of retirement often replaces the hope of heaven. This encouragement of decades-long temporal rest is morally hazardous. Hard work refines people by requiring discipline; work keeps people active, sharpens their minds, and provides fulfillment. To discourage it is to rob society of its character-building power. Most people are healthy enough to work long after the so-called retirement age. They should be encouraged to do so. It’s time to retire retirement.
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