During Monday’s Fox News edition of Making Money with Charles Payne, a survey revealing that 23 percent of Americans expect to never retire didn’t cause much concern for guest Donald Luskin. In fact, he sees it as a good thing.
Speaking to host Charles Payne, the Trend Macrolytics’ chief investment officer said that the prospect of never being able to retire “doesn’t worry me personally,” adding that working until the day one dies is actually a “great blessing.”
“I guess I’m one of those people who plans never to retire,” Luskin said incredulously. “I mean, is bowling that interesting? Is fishing that interesting? I happen to love my work. Why do I want to stop it? It’s not like it hurts. Why would I stop it? This is great.”
“What a great country where we have the opportunity to keep working,” he continued. “What a miracle where our lives are long enough and we’re healthy enough and mentally alert enough so we don’t have to retire like generations before us. This is a great blessing. You should embrace it.”
When asked about people who can’t afford to retire, Luskin suggested that the blame lies with them.
“Were you the profligate grasshopper instead of the ant who saved up? I mean, were you just messing around when you were a kid and you didn’t contribute enough to your 401k, or did the economy just fail to provide a job for you, it’s hard to know,” he said.
According to a survey from The Associated Press-NORC Center for Public Affairs Research, nearly one-quarter of Americans say they never plan to retire.
“…23% of workers, including nearly 2 in 10 of those over 50, don’t expect to stop working. Roughly another quarter of Americans say they will continue working beyond their 65th birthday,” the survey found.
Watch the clip below, flagged by Media Matters news director John Whitehouse:
Fox guest enthusiastically spins a new survey showing 23% of American expect to never retire: "What a great country where we have the opportunity to keep working. … We don't have to retire like generations before us. This is a great blessing! You should embrace it!" pic.twitter.com/ZMmneOqB5L
— John Whitehouse (@existentialfish) July 8, 2019
Featured image via screen grab
