Monday, May 11, 2009

When I'm 64

Remember the old great Beatle song Paul McCartney wrote- When I'm 64? It's the cute melody (short except attached below) that her wrote as a teen but that succinctly in good humor describes the plight of old age as he sings the parody of old age to his young lover. In the song McCartney says:
'When I get older losing my hair, Many years from now. Will you be sending me a valentine Birthday greetings bottle of wine.
If I'd been out till quarter to three Would you lock the door. Will you still need me, will you still need me, When I'm sixty-four.
You'll be older too....'
And on and on. The song is a classic both for the melody and the lyrics. It must have seemed an ancient age to Paul when he write that in the late 50's, but he is now...guess what-on June 18th, paul Mc Cartney turned 64 years old. But Paul is hardly the old man of the tune. He has a young and beautiful wife (that he is divorcing), a full head of black dyed hair, perfect health, young children, energy.....You get the idea.
The concept in the late 50's of 64 years as old age is gone. Most 64 year olds are still vigorous and active as is Paul today. According to statistics a person who lives in the U.S and is 64 can expect to live until 83 years of age now. And we have many more 64 plus aged people in the world at large. They have more money, health, and even Viagra and other sexual aids to ensure they are as frisky as they were when half that age. So Paul's idea that oldsters are 'wasting away" doesn't fit anymore. They don't knit sweaters by the fireside. So the song is still so relevant and lovely, still humorous and touching, still affecting and personal but maybe Paul should change the song title to 'When I'm 84".
Guess who's robbing Australian kids of their money? It's mom and dad. Apparently, mom and dad have been looting their children's piggy banks a lot lately. Err... let's call it "borrowing". In a survey of 400 Aussie parents by security firm Bankwest, mum was more than twice as likely to be the thief...uh...borrower who raids their children's savings. Thirty five percent of moms admitted to it, while only 16 percent of dads "borrowed" from junior. Almost all the parents say they put the equivalent of the money back later.
Most say they raid the piggy bank to get money for essentials like bread, milk or gasoline. Some claim they needed the money to pay water, electric or other utility bills and a small number (16%) say they borrowed to finance vacations or to buy new cars. And why all the borrowing? Australians have one of the smallest annual savings rates in the world.
To an Aussie, money spent is money well used, even if it belongs to their little ones.

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