80 Is the New 65: How High Should We Boost Retirement Age?
Filed under: Retirement
Imagine what life would be like if we tacked 15 years onto the official retirement age — it’s not a particularly far-fetched scenario.
Life expectancies soared over the past century, thanks to advances in medical technology. Today the average 55-year-old will live to 82. In the 1930s, most were lucky to make it to 60.
It’s this reality that has AIG CEO Robert Benmosche declaring that in Europe, “retirement ages will have to move to 70 [or even] 80 years old,” especially in light of the…
80 Is the New 65: How High Should We Boost Retirement Age? originally appeared on DailyFinance.com on 2012-06-12T14:50:00Z.
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