Analysts Often Think of Things as Math Problems...
So, how about this one...
KP CC —— USA Inc. | Income Statement Drilldown 137
Americans Are Living 26% Longer, But Social Security ‘Retirement Age’ Has Increased Only 3% Since Social Security Was Created in 1935...
USA Life Expectancy at Birth, 1935 & 2009 USA Full Retirement Age, 1935 & 2009
USA Life Expectancy at Birth (Years) USA Full Retirement Age (Years)
1935 2009 1935 2009
Note: Full retirement age is 65 for people born in 1930; 67 for people born in 2009; Social Security Amendments of 1961 allowed early retirement to start at | 62+ with reduced benefits. Source: National Center for Health Statistics, World Bank, Social Security Administration. (@ www.kpcb.com
USA Inc. | Income Statement Drilldown 138
HOUSE_OVERSIGHT_020910
