Life Expectancy and Social Security

The reason that life expectancy is higher now than in the 1930s, when Social Security started, is that fewer children are dying. If half the babies die and the rest live to be 100, the average life expectancy is 50. If none die and everyone still lives to 100 the average life expectancy doubles — but no one lives a day longer.
So yes, average life expectancy has gone up quite a bit since the 30s. But adulthood life expectancy isn’t much longer than it was then. And the people who say we should raise the retirement age because of longer expectancy know that and know that saying this is a trick.
Don’t be fooled, it’s another trick from people who want to cheat you and pocket the money..

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