[quote=AN][quote=SK in CV]You totally missed my point. Total life expectancy is immaterial. Life expectancy at retirement age is what’s important. I think that number is 7 years higher now than it was when SS started.[/quote]Data?
Here’s the full retirement age for SS: http://www.socialsecurity.gov/retire2/agereduction.htm. Are you saying your generation total life expectancy is only a few months to <2 years higher than your parents', since according to SS's full retirement age, that's how much older you'd have to be to reach full retirement age. Yet, over the last 50 years, life expectance have gone up 9 years.[/quote]
I may have overstated it.
I can't quickly come up with newer numbers, but direct from the SSA:
Life expectancy at age 65 in 1940 - Males 12.7 Females 14.7
Life expectancy at age 65 in 1990 - Males 15.3 Females 19.6
I doubt life expectancy has increased any faster over the last couple decades, so I'm guessing the increase overall is probably closer to 6 years now.
And you continue to ignore the important number. It is not total life expectancy. It is life expectancy AFTER retirement benefits begin.
