Ralph Norton
Diamond Member
- Mar 7, 2022
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Fair enough. If months of benefits increased 3.5 - 4 years, then there should be no issue increasing the retirement age by 3 years.Average Life Expectancy is the wrong metric. In 1935 ALE was dragged down by much higher infant/child mortality rates lowering the average. (It's a math thing.)
The much better metric is to look at average number of months that benefits are received. So while ALE has increased by close to 20 years, average months of benefits has only increased (on average) by about 3.5-4 years.
WW