shintao
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- Aug 27, 2010
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The interesting thing is that 22% of those who paid into social security never live to benefit from the program, and the average years seniors get benefits before dying is only 17 years. So where did all the money go that everybody paid in and never used, or didn't live long enough to even enjoy a few years of retirement? OR, why isn't Social Security solvent?
Percentage of population surviving from 21 to 65, in 1990, in order to draw social security.
Males: 72.3
Females: 83.6
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Average remaining lifespan for those who survived to 65 to draw social security.
Males live 15.3 years longer drawing benefits.
Females live 19.6 years longer drawing benefits.
Life Expectancy for Social Security
Percentage of population surviving from 21 to 65, in 1990, in order to draw social security.
Males: 72.3
Females: 83.6
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Average remaining lifespan for those who survived to 65 to draw social security.
Males live 15.3 years longer drawing benefits.
Females live 19.6 years longer drawing benefits.
Life Expectancy for Social Security