Yeah, and while we’re at it let’s disenfranchise the intellectually disabled as well. /sarcasm
Personally I prefer term limits rather than an age cap because I’d rather see government represent everyone. If a 75-year-old manages to win an election by running a successful campaign, why shouldn’t they govern? But if they’re only in office because they ran unchallenged for 30 years… time to make room for change.
If invested in a diversified portfolio, you could safely withdraw 4% ($6000) every year for the rest of your life and still have $150k.