From the end of World War II up to about the time President John F. Kennedy approved sending additional Special Forces troops to Vietnam, we created what came to be called the baby boom generation. Rebranding is in order here: I suggest calling the boomers the Meals on Wheels generation.
Great that on average everybody is living a lot longer. The Meals on Wheels generation is the first big demographic bump on the longevity chart. Today, about 30% of men and 40% of women who are over 65 will make it into their 90s. With respect to Social Security, this rosy picture of centenarian potential turns dark at a very specific moment on the actuarial calendar: the day 67 arrives. In 1983, the retirement age for collecting full Social Security bumped up to 67 from 65 for all those born after 1960. (You can still start receiving Social Security checks at age 62, but at a steep discount in the monthly amount — close to 30%.)
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