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It's gone from about 70 for average people in 1920 (when life expectancy was at a local minimum, probably due to pollutants and terrible diet) to about 80, not
by pclmulqdq 4y ago
It's gone from about 70 for average people in 1920 (when life expectancy was at a local minimum, probably due to pollutants and terrible diet) to about 80, not counting infant mortality. That still means tripling the years in which someone is retired.
- fl7305 4y agoIf you look at the pension system today, people work for about 40 years, and are retired for about 20 years. If the average life expectancy for the retirees increases by 1 year, they'd have to work 6 months longer to keep the system balanced with those numbers.