I’d encourage thinking not just about yourself or your immediate circle when it comes to policy like retirement age. State run pension systems affect nearly everyone, not just the extremely fortunate few who can become financially independent at a younger age. And that is also largely an American phenomenon anyway. Salaries are much lower on average than in Europe and there is far less differential between minimum wage and what senior employees get paid. There’s also not the same culture of investing because European companies don’t have the same performance as the US stock market. Lower yield real estate investment is much more common in many European countries. And with strong social safety nets Europeans are generally less pressured to save a huge nest egg.

So this raising of the retirement age will affect a huge portion of workers and 70 is OLD to be working full time for all but the most relaxed jobs. Most older folks I know have know being dealing with multiple chronic age related illnesses well before 70.