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Social Security & Medicare

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Teamster Jeff

(1,598 posts)
Wed Mar 20, 2013, 11:13 PM Mar 2013

The Social Security retirement age: Who’s really living longer? [View all]

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But now some conservative thought-leaders and wealthy CEOs are again championing lifting the retirement age, this time to 70. Their argument probably sounds familiar to anyone who remembers the 1983 reforms: as people live longer, the retirement age should adjust upward. It sounds reasonable to people who have white collar jobs working in air-conditioned offices – but for millions of working Americans, the reality is much different.
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A Social Security Administration study found income inequality plays a big role in life expectancy. For workers in the top half of the earnings distribution, average life expectancy is 86.5, but for those in the bottom half it’s just 81 — a gap of more than 5 years that continues to grow.
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http://washingtonpolicywatch.org/2013/03/20/the-social-security-retirement-age-whos-really-living-longer/

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