I expect that by the time I get old enough to consider not working that the retirement age would be significantly higher than it currently is. I wonder where the retirement age will get to sometimes, what jobs are suitable for 60+ workers and at what point does an old worker become overworked? I can imagine lots of people are concerned about this as more and more people are unemployed, while at the same time more and more pensioners are not able to survive on their pension for as long as they are expected to live these days. It is a sad state of affairs.
Retirement for family members is a major reason why I am interested in local power generation to help keep living costs as low as possible. I hope the government and local councils are interested in local power generation as well because I think it could have a significant effect on their budget if they can turn a cost into revenue.
SolarCity have the right idea in my mind, give people solar panels with no upfront cost and ask for a simple monthly payment that is less than the money saved from your electricity bill; by the end of the lease you keep getting the lower electricity bills as the home owner and SolarCity now owns a power production network that has been paid for in full and will continue to generate energy for years, if not a decade or more. If local councils, with all the property they own, could do something similar then they could help reduce their costs for housing the people they currently do while at the same time be able to sell extra power generated to energy suppliers.
I wish there was more investment in this sort of thing because governments could accelerate the growth of these industries; it would benefit the population through savings and the government through added employment because the new industry would grow faster than it currently is. The investment will come eventually when price parity is reached and can no longer be ignored, but why we have had to wait is something I wonder about sometimes.