11/17/2015 – We’re Living Longer. That’s Great, Except for Social Security.
Children born today will most likely live on average to their late 80s, well above the current average life expectancy of 79. You probably think of this as good news, and from most perspectives, it is.
But every rose has its thorn, and longer lives happen to create some problems for Social Security. As people live longer, they spend a larger fraction of their lives in retirement, collecting benefits.
Read the full article at The New York Times.