Can We Afford a Middle-Age Retirement System?

March 1, 2011
48 Views

Eugene Steuerle in The American Prospect:

Eugene Steuerle in The American Prospect:

A single person retiring at the earliest retirement age (65) in 1940 was likely to receive close to 14 years of benefits. By 1975, this person could retire at 62 and would likely receive benefits for 19 years, and today that number has risen to almost 22 years. When it comes to couples retiring at the earliest retirement age, by 2030, at least one partner is expected to receive benefits for nearly 30 years.


   

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