You are viewing an obsolete version of the DU website which is no longer supported by the Administrators. Visit The New DU.
Democratic Underground Latest Greatest Lobby Journals Search Options Help Login

Reply #152: the money in your bank account is also "spent". [View All]

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU
Hannah Bell Donating Member (1000+ posts) Send PM | Profile | Ignore Sat May-22-10 02:29 PM
Response to Reply #76
152. the money in your bank account is also "spent".
someone born in 1900, if they made it to age 65, could expect to live 11.9 more years.

someone born in 1940, 12.8 more years.

someone born in 1960, 14.4 more years.

Table 12A.

Age to collect full benefits on SS has already been raised to age 67.

And that takes care of the boomers.

The "living longer" trope is mostly a canard. More important is that a larger portion of the population reaches age 65. But that means there are more people working longer & paying into SS.
Printer Friendly | Permalink |  | Top

Home » Discuss » Archives » General Discussion (1/22-2007 thru 12/14/2010) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002
Software has been extensively modified by the DU administrators

Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC